David Senra

David Senra × Adam Foroughi

AppLovin turned a 92% drawdown into a $6B levered buyback negotiated directly with private-equity holders, while Axon 2 made performance advertising an arbitrage where customers can scale until their bank accounts constrain spending.The resulting $5B+ cash-flow run rate with only 350-400 core employees supports expansion from gaming into e-commerce and SMBs, but thin IPO float, CFIUS history, and trust damage from vertical integration remain risks to monitor.