entrepreneur Archives

A technology entrepreneur sold his company for 1,600 million and only stayed with 100

August 19, 2025 by usatoday24

The History of Brian O’Kelley It stands out among business and technology holders for a very rare decision in a context of Technological Millionaires. Like many others before him, O’Kelley gave a millionaire ball selling his company Appnexus in 2018 for 1.6 billion dollars. The most surprising thing is that, instead of withdraw with full pocketshe chose to be alone a small part of fortune and donate the rest to beneficial causes. Such and as they counted in Fortunehis position has given what to talk about, especially in a context where more and more entrepreneurs reflect on The social impact of their fortunes and the responsibility of returning part of the benefits to society, instead of limiting itself to accumulating Large amounts of money that would not spend Not in seven lives. His vision of ethical wealth Brian O’Kelley sold his company to AT&T for an amount of $ 1.6 billion in 2018. instead of retire to enjoy your new fortuneO’Kelley had with his wife what he defined as a “really interesting conversation”: decide How much money they needed To live comfortably. “We simply calculate an amount that we consider enough to buy a house and things like that, we double it and give it the rest,” confessed the entrepreneur to Fortune. The final figure were nothing negligible 100 million dollars, equivalent to 10% of their participation in the company after the acquisition. The rest, more than 1.5 billion dollars, was allocated to beneficial causes and social projects. O’Kelley maintains a very clear philosophy about The accumulation of money: “I don’t believe in billionaires. I think it’s simply ridiculous.” For the entrepreneur, the really important thing is to keep the feet on the floor and limit personal wealth to continue making responsible decisions in everyday life. “We never wanted to have so much money that we did not have to make decisions. We have an incredible life, we can do almost everything we want. But we cannot do everything we want. We have to talk about our budget as any other person,” said the millionaire businessman. O’Kelley It is not the only millionaire that assumes one Ethical perspective of its wealthand insist on demanding governments a greater tax imposition For great fortunes. The Founder of Appnexus considers that accumulating billions and show off it It takes you away from reality. “I do not understand why you need 200 billion, 500 billion or even 1,000 million. The joy of appreciating what we have and making those difficult decisions is really fundamental.” Millionaires who do not want to leave inheritance Brian O’Kelley either wants his children to enjoy a life ofprivileges without making any effort To deserve it. “I feel fatal because my children can fly in Business“, says the millionaire of 1.96 m, ensuring that he does it for comfort.” I have flown all over the world in a tourist class many times, this is to give me a whim, but I do not want to spoil my children. And a lot of this leads me to think about how they see life from their eyes. I want them to share a little of that fight that I had to do to get there. “ This approach goes in line with the growing trend between millionaires like Bill Gates, Warren Buffett or Mick Jaggerwho have announced that They will not leave their fortunes to their children and prefer allocate your money to social works. Gates, for example, states that 99% of his fortune will be donated and that only 1% will go to their children, so they can learn The value of the effort. O’Kelley is overwhelming when talking about ostentatious lifestyles pointing out that hopefully more people question why the style of Jeff Bezos life. “You cannot have a yacht, a helicopter, an island and a large building with your name and all those things, because then you are a bit unbearable. No human being can really appreciate that. It is a waste of incredibly ridiculous money in a world where there are so many people who do not have it.” The entrepreneur considers to stay connected with normality and have limits that allow you to carry A responsible life. “There is something to stay connected to normal that is really important. I don’t want to get to act without consequences. I think that is the greatest risk, how can we be responsible when we have so much money that we can buy anything?” In Xataka | There is a less painful solution for an inheritance not to become a ruin for heirs: give up it Image | Flickr (IAB UK)

By assuming 100% of the evening and leaving out Piqué, Ibai culminates its definitive transformation: from Streamer to entrepreneur

June 24, 2025 by usatoday24

Of all the projects that currently stands the streamer and Ibai Llanos businessman, no doubt the evening is the one that attracts the most public and media attention. A boxing fight between Influencers which this year will celebrate on July 14 its fifth edition. It comes with novelty: for the first time, Ibai faces this ambitious solo project, separated from its usual partner, Gerard Piqué. Boxing for the masses. The evening Keep growing Without apparent ceiling at the moment. The stuffing day facing Influencers Spanish and Latin American and that This year The clash between Thegrefg and Westcol has as the main course (although others such as the confrontation between Abby and Roro are monopolizing even more media attention) reached In his fourth edition Last year 80,000 live spectators in the Santiago Bernabéu and three million on Twitch. This year the evening moves to the Cartuja of Seville, with a capacity comparable to that of the Madrid stadium. Unexpected split. The great novelty this year comes at the organization level: Kosmos, Gerard Piqué’s company that had collaborated with IBAI in the organization of the event, retires from it. In February 2024, Ibai created Velaris-Kena Productions SL, in which it consists as a single partner. It will be the latter in charge of organization of all aspects of evening 5. According to Cincodíasthere will be the punctual collaboration of other companies, such as Kosmos, but Velaris-Kena takes care of the bulk of production. History of collaborations. The collaborations between Ibai and Piqué started in 2021, when they broadcast the Copa América de Fútbol in Port Aventura or the World Balloons. Your first approach to competitions between Streamers It was in 2022, when they organized the Twitch Grand Prix of karts. The failed E-Sports team of Ibai, Koialso had the participation of Kosmos and today is owned by a Canadian group. All this set in a 50%company, Global Goatchthat despite its high billing (around 8 million euros in 2022 and 2023), now it has barely activity. The other great brand they have cultivated together, the Kings Leagueit is actually a Piqué project: Ibai is president of one of the most prominent teams, porcinos FC, but the management and organization of the league falls to the business structure created by Gerard Piqué and his partners. The brand is what you want. The final step that distance to the two entrepreneurs is the registration of the brand La Velada of the year alone by the IBAI company (although, in principle, in February 2024 the registry had been requested by Goatch Global). Later, in October, the company gave ownership to Ibai Llanos, while the US (Intellectual Property Office of the European Union) decided whether to award the brand or not: until March this year, the entity was not clear that a term that seemed generic. Later, he certified, thanks to his turnover, presence in media and unequivocal association of the term “evening” to Ibai, which could be formalized by the registration. More businesses. It is an important advance by IBAI, in an unequivocal step of its transformation as a content creator to entrepreneur who, yes, exposes his image more than usual (although what is Your thinning challenge but a sophisticated image operation with the most important aspect of his brand, himself). The evening brand record will allow you to face a diversification of your business with aspects such as merchandising and licenses (with the first aspect It has already begunlaunching products linked to its events in association with Prime Hydration, drink brand founded by Logan Paul and Ksi). A lot of heat. And for that reason, because Ibai is already a businessman than a content creator, He takes care of promoting the evening in x so that tickets are exhausted again. Some critics with the event claim that mid -July in Seville, it may not have been the most commercial idea in the world, but with an adverse or without it, it is clear that the evening, now brand registered by one of the younger businessmen in the country, continues to raise expectation. Header | The evening / wikipedia In Xataka | Ibai is going to launch its own football team to start from the lowest. There is actually a very thoughtful strategy

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