Jonathan Weiner and his co-founders built Money2020, a fintech conference that hit $25-30 million in revenue and $10 million in profit in two years, then sold it for $100 million. They repeated the playbook with ShopTalk, a commerce conference that also sold for over $100 million. Now they're launching new trade shows using the same model.
Have you heard of this conference called ShopTalk? The guy who started it, Jonathan Wiener, they went and started a conference and it was called Money 2020, which was like a fintech payment processors trade show business. And within 2 years they scaled it to like $30 or $25 million in revenue with $10 million in profit, and they sold it for $100 million. Right when they sold it, they went and started the same thing and they called it ShopTalk and they did it for commerce and they sold that for over $100 million. One of the founders spun off and he's doing something involving fintech, and then the other guy is doing one called health, a trade show business for healthcare. They're basically doing the same strategy every single time. It's so interesting that they're getting into conference and trade show businesses, and they've crushed it. It's like every 3 years they start something and sell it for $100 million. Isn't that crazy?
