Entrepreneurs on Fire

Listening Louder Than the Market: How Great Founders Actually Pivot with Adam Wexler

9 snips
May 4, 2026
Adam Wexler, career entrepreneur and founder of PrizePicks, known for customer-first innovation and resilience. He talks about reading market signals and spotting alternative product directions. He explains extracting the single nugget from conversations. He shares stories of pivoting during COVID using esports and niche partnerships. He discusses when to double down after finding product-market fit.
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INSIGHT

Listening To Market Signals Over Headlines

  • Market signals often require founders to change direction rather than follow headline trends.
  • Adam shifted from mainstream salary-cap DFS to a simpler format after spotting legal and user-experience gaps in 2018 laws.
ADVICE

Extract One Nugget From Every Conversation

  • In meetings hunt for one unique nugget instead of trying to absorb everything; one idea can change direction.
  • Adam listens for a single insight from each call that others lack due to their experience or background.
ANECDOTE

Surviving The Sports Shutdown With Partnerships And Relocation

  • When sports stopped during the pandemic PrizePicks pivoted to partner with niche leagues and add esports to survive.
  • Adam moved core staff to a Barbados villa in Q4 2020 to keep the team together and prepare to scale in 2021.
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