Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
26 Apr 2023 Acquired Benchmark’s Mitch Lasky and Blake Robbins on The Art of Business in Gaming
“I think their strategy was triple down on League of Legends, let's make sure that we could get it to all corners of the globe, and that we can really build a billion dollar plus annual revenue base and the eSports component, the Worlds and all these other things, and then we'll go and release Valorant, Tactics, and some of these other things.”
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- Speaker unverified
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- Recorded
- 26 Apr 2023
- Publisher
- Acquired
Transcript context
…Also, Blizzard, as you pointed out on Gamecraft, only an independent company that had to figure out its funding for three years. The rest of its history, it's had Daddy Warbucks somewhere figuring out how to do it. Absolutely. I was wrong because they just took their time to become a platform-based publisher. It took up 10 years, but they did it. I'm not that patient, but there was an opportunity to start doing it after three years. I think their strategy was triple down on League of Legends, let's make sure that we could get it to all corners of the globe, and that we can really build a billion dollar plus annual revenue base and the eSports component, the Worlds and all these other things, and then we'll go and release Valorant, Tactics, and some of these other things. Okay, fine, but ultimately, they got to the place I wanted them to go. It just took them seven years longer. I think it'd be interesting if you're willing to share, Mitch, of what Jenova actually pitched for Thatgamecompany back in the day. I've talked to Peter, I've talked to other people, and they still remember that pitch being just an amazing, amazing pitch. At the time, it still was like, for you to invest in a studio. That would have been a big ask or a big leap of faith. My understanding is he just crushed it on the pitch. This is great, too because I bet a lot of people listening will be like, what are you guys talking about? What is that game company? Are you referring to a specific thing or?…
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