About this episode
Justin Macmahan joins Pete and Bric to discuss the rise and fall of his old DFS company, Daily Fantasy Insider, including a big dispute with his tech partner and a failed sale attempt. They also grill Justin about whether subs at his new site, Really Good Picks, are paying double, why he's not playing on his own account on DraftKings anymore, whether he has outstanding DFS debt, and the story behind TikTok superstar Josh Richards promoting the new site on Twitter. 🐦Justin's Twitter ➝ https://twitter.com/JustinMacmahan 🐦 Bric's Twitter ➝ https://twitter.com/BrianHooper__ 🎧 LOLz Podcast ➝ https://redcircle.com/shows/lolzpodcast 📼 Bric Draft Caddy (thedraftcaddy.com) & setup tutorial: • HOW TO GET AN EDG... 👕 LOLz Merch! ➝ https://overzet.myshopify.com/collect... 🔴 Join the Deposit Kingdom discord #lolz channel ➝ https://discord.gg/tbAxDQ4 🎮 Bric's Twitch ➝ https://www.twitch.tv/BrianHooper 💻 Bric's Website ➝ http://bric75.com/ 🔴 Subscribe to Brian's Youtube channel ➝ / brianhooper75 📺 My 150 streamed BBM4 drafts playlist ➝ • Pete's 150 Best B... 🧠 Get 20% off Fantasy Data Pro's python course for fantasy football ➝ http://fantasydatapros.com/fantasyfoo... 🥣 Best Ball Data Bowl ➝ https://www.fantasydatapros.com/databowl 🏃 Get 10% off Run The Sims with promo code Pete: http://runthesims.com/pete 🐕 Make your first deposit and Underdog will match up to $100 in your account when you use promo code 'Pete' ➝ https://play.underdogfantasy.com/p-pe... 📬 Subscribe to The P.O. Box newsletter ➝ https://po-box.beehiiv.com/subscribe ✍️ Subscribe to free Fantasy Life Newsletter ➝ https://newsletter.fantasylife.com/su... 🐦 Twitter ➝ https://twitter.com/peteroverzet 📬 Subscribe to The P.O. Box newsletter ➝ https://po-box.beehiiv.com/subscribe 🎧 In A Vacuum (A Pete Overzet podcast) ➝ https://anchor.fm/peter-overzet 📺 Subscribe to Youtube channel ➝ https://www.youtube.com/c/peteroverze... 👕 Merch ➝ https://overzet.myshopify.com/ 💻 Website ➝ http://peteroverzet.com/ Timestamps: 00:00 - Intro 02:00 - Justin Macmahan's DFS origin story and Daily Fantasy Insider 04:00 - A falling out with his tech partner/CTO; getting locked out from the site 8:00 - J-Mac's impetus for launching a new site 9:30 - How did the equity work at DFI? 12:00 - The company valuation of Daily Fantasy Industry 14:30 - What ultimately fractured DFI (a failed sale) 26:00 - How are subs being made whole? 28:45 - A recap of what happened with DFI 29:50 - Are new subs at Really Good Picks being charged double compared to DFI? 33:00 - Did Justin Macmahan self-exclude on DraftKings? 48:00 - Do you have any outstanding DFS debts? 53:00 - How did you get Josh Richards to vouch for the site? #bestball #bric75 #lolz Advertising Inquiries: https://redcircle.com/brands