India is exploding as a hub for innovation. These days, it seems more common to hear Unicorn announcements out of Bangalore than out of San Francisco. The numbers back up the feeling. Unicorn announcements in India have literally 10x’d. In 2021, India had 44 new unicorn announcements. Only 37 companies had hit that mark in […]
Modified version originally published in Master the Meta. Just a few weeks into the year, we already have our first hit game of 2022. As Emily Coleman said, “Wordle is the sourdough starter of Omicron.” In a world of increasing social disconnection and outside-the-home chaos, Wordle has been a comforting, participate-with-other social gaming phenomenon. The simple […]
When it comes to legendary cultures, and small teams redefining industries, Supercell is a shining example. Last week, The Information reported Tencent is in talks to buy out the remaining 16% of external investors in the Finnish gaming super company. In the process, it plans to mark up Supercell’s value to $11B. Supercell only employs […]
Decentralized Finance Applications’ Killer Interface: the Metaverse NFTs. Metaverse. DeFi. 🤦 Not more buzzwords… I get the reaction. The title can read like hyperbole salad. But, I want to argue these three technology trends are real. And matter. And what most analysts miss is – they increasingly look to be connected. After working in gaming […]
Key Takeaways: Despite skepticism from industry insiders, esports is a highly investable mega-trend due to: the rise of streaming, school support, Olympic potential, the rise of women E-athletes, and the transition to casual & mobile As few public pureplay esports companies are on the market now, one of the best ways to play the space […]
Key Takeaways: NFTs are beyond the peak of inflated expectations and trough of disillusionment, climbing up the slope of enlightenment in digital art and digital collectibles NFTs enable player needs of ownership, collection, fandom, and investment, making them a compelling fit to be applied as a technology to gaming Existing games using NFTs like Axie […]
Takeaways: Free Fire is the largest known game in the world, with over 100m daily active players It is in one of the fastest growing segments of the gaming market, Southeast Asian Battle Royale on mobile Revenue is catching up to impressive engagement numbers: as a result, Sea’s enterprise value (stock price) >20x since the […]
Key Takeaways• Roblox raised capital at a valuation ~35% too low with its series H/direct listing• Roblox has had ~80% annualized growth in monthly active users, a one of a kind growth trajectory in gaming• The public market has the right idea, valuing Roblox like Shopify at ~40x sales In its Direct Listing week, Roblox […]