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    Artwork for All-In with Chamath, Jason, Sacks & Friedberg
    Episode

    Adam Foroughi, Applovin CEO: Surviving a 92% Drawdown, Ads as ML 1.0 & the $50B Game Ad Market

    All-In with Chamath, Jason, Sacks & Friedberg · Sep 20, 2026 · 24 min
    Episode page

    (0:00) Adam Foroughi joins the Besties! (3:07) Discovery vs search & is your phone listening? (10:04) IPO tumble & becoming your own best investor (16:00) Privacy rules, Apple's crackdown & how agents change people's shopping (20:00) How a lean team beats the giants, margin moats & building in China Thanks to our partners for making this possible! IREN is a vertically integrated AI Cloud…

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