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David SenraDavid Senra

High School Dropout to Multi-Billionaire: The Relentless Drive of Rafael Vivas

Rafael “Raf” Vivas is a founding team member of AppLovin, the digital advertising and marketing company led by Adam Foroughi, where he has worked since 2011 in roles spanning business development, eCommerce and growth marketing, and co-founded the game publisher Lion Studios. He started in performance marketing at 14 working for his older brother, dropped out of high school, and at 17 built his own mobile ad platform, where Adam was one of his customers. When Adam decided to build a competing ad network, he recruited Raf as his first business hire in 2011, and Raf's one condition was that he live in the office. Raf explains how a small, unfunded team beat VC-backed rivals by going all in on technology, why he started Lion Studios to beat one of AppLovin's own partners and grew it to over $250 million in revenue in two years, and why he walked away at 28 and came back after the IPO as the stock collapsed. He also shares why AppLovin is against delegation and keeps its team small, how his mentor Mark Rosner taught him that every detail matters, and the best advice he ever received. Show notes: https://www.davidsenra.com/episode/rafael-vivas Made possible by Ramp: ⁠https://ramp.com Deel: ⁠https://deel.com/senra AppLovin: ⁠https://applovin.com/senra David Senra X: https://x.com/davidsenra Instagram: https://www.instagram.com/davidsenra LinkedIn: https://www.linkedin.com/in/davidsenra Facebook: https://www.linkedin.com/company/senrashow Threads: https://www.threads.com/@davidsenra Spotify: https://spti.fi/TVrr557 Apple Podcasts: https://apple.co/4msoZtb Website: https://www.davidsenra.com Rafael Vivas X: https://x.com/rfvivas LinkedIn: https://www.linkedin.com/in/rafaelvivas Chapters 00:00:00 Kicked out of his house at 16 00:06:42 Starting his own ad platform at 17 00:09:58 “Don't be mad, but I'm going to compete with you” 00:11:06 His one condition: living in the office 00:15:40 Turned down by VCs while already profitable 00:21:00 Why he's against delegation 00:24:15 Two years of persistence to land one customer 00:30:42 Lion Studios: built to kill a Cheetah 00:38:41 Walking away from AppLovin at 28 00:44:13 The IPO that brought him back 00:45:44 The stock buyback that made $50 billion 01:01:01 The mentor who redlined the NDA 01:03:54 “Do you want to be Michael Jordan or Tiger Woods?” 01:05:46 The best advice he ever received: stay in the game

David SenrahostRafael Vivasguest
Nov 1, 20261h 6mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Rafael Vivas on obsession, performance culture, and staying in the game

  1. Rafael Vivas recounts dropping out of high school after discovering performance marketing and getting kicked out of his house at 16, then pursuing internet advertising with an obsessive focus on value creation.
  2. He explains how an early mobile ad platform effort and his relationship with Adam Foroughi led to joining AppLovin under an extreme, hands-on work culture—so committed that he made living in the office a condition of joining.
  3. He describes AppLovin’s edge as a relentless performance mindset, deep operational involvement (even by senior leaders), and a tech-first approach that beat better-funded competitors on monetization and returns.
  4. He outlines an expansion into game publishing (Lion Studios) driven by frustration with a powerful partner and a strategic desire to own more of the vertical, while acknowledging the stress and competitive tensions it created.
  5. He discusses stepping away at 28 to focus on family, returning after the IPO when he felt the business needed him, and highlights mentors and principles—attention to detail and “stay in the game”—that shaped his approach.

IDEAS WORTH REMEMBERING

5 ideas

Value creation—not credentials—became the guiding principle behind dropping out.

He describes realizing early that he could create far more value (and income) through performance marketing than through school, so he prioritized work and learning the business over classes.

He repeatedly created his own opportunities instead of waiting for roles or approval.

He says he didn’t wait for permission: he taught himself to build websites, create ads, run campaigns, reach out to brands, and then proposed building an ad platform when their existing platform banned them.

Early competitive advantage came from performance/tech execution, not sales scale or funding.

He says AppLovin won early because Adam Foroughi prioritized technology and optimization rules/regression over sales-heavy approaches, letting them outperform competitors’ monetization and win publishers by guaranteeing better results.

He rejects “delegate, delegate” and ties leadership to direct, hands-on performance.

He argues that leaders should stay “in the weeds” because it clarifies what customers need and prevents teams from drifting into low-impact work created to keep people busy.

Persistence works best when it continuously delivers concrete value, not noise.

He contrasts spammy persistence with persistence that repeatedly brings specific, actionable improvement ideas to a prospect; he tells a story of taking two years to win a customer by continually offering ways to increase revenue.

WORDS WORTH SAVING

5 quotes

I think titles and, uh, you know, seniority, I think it's all bullshit.

— Rafael Vivas

I didn't wait to be given opportunities, right?

— Rafael Vivas

Everything fucking matters, right? It's like if you can't do the small things right, how can you be expected to do the big things right?

— Rafael Vivas

Because I had so much rage in my heart that I wanted nothing but to, like, dominate those guys.

— Rafael Vivas

There is no special magic, David. It's like fucking work on the things that matter and do it over a long period of time, success will come.

— Rafael Vivas

Dropping out of high schoolPerformance marketing and arbitrage mindsetStarting an ad platform at 17Joining AppLovin and living in the officeTech-first monetization and optimizationAnti-delegation, hands-on leadershipPersistence through value delivery to prospects/clients

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