Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
24 Mar 2021 Acquired Rec Room Part II (with CEO Nick Fajt)
“I think we were maybe only monetizing on Steam but not on PlayStation and other stuff.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 24 Mar 2021
- Publisher
- Acquired
Transcript context
…Or a 2021 ERA of revenue multiple. I think we were only monetizing one one platform. That might have been it. I think we were maybe only monetizing on Steam but not on PlayStation and other stuff. It started growing pretty quickly after that. We had interesting engagement numbers. We were soaking up a lot of minutes, but in terms of a business you really have to squint to see it, so kudos to Index for squinting pretty hard. I want to ask you about this. Once you turned on monetization across all the platforms and the economy started to work, it seems pretty quickly after that the business became a really good business. You were generating a significant amount of revenue at pretty high margins, right?…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.