BizNinja Entrepreneur Radio

Tony DiMatteo - Lottery.com Co-Founder


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Tony DiMatteo and co-founder Matthew Clemenson looked for something that was inevitable in technology to become the category king.

7 years ago, they started what is now Lottery.com and took it public via a SPAC. Publicly traded as LTRY Lottery.com allows app users to legally purchase and redeem lottery tickets seamlessly on their phones.

But the journey was not all smooth sailing.

Going public has its own unique challenges that Tony says cannot be described with words. It’s an entirely different world for entrepreneurs. For one, your primary goal becomes serving your shareholders. But it has its own benefits too.

In this episode, Tony shares the journey of getting lottery.com to where it is and his big vision for the company.

Tune in and enjoy!

Key Takeaways

- What is lottery.com (02:32)

- When Tony first realized he was an entrepreneur (04:42)

- Launching at a pitch competition (11:55)

- Going public in a unique way (13:32)

- Challenges of going public (16:57)

- The business model of Lottery.com and future plans (22:06)

- The inevitability of technology (24:10)

Additional Resources 

Lottery.com

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BizNinja Entrepreneur RadioBy Tyler Jorgenson

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