For this morning’s version of The Exchange, Alex Wilhelm studied info not too long ago launched by cell gaming studio Jam City because it prepares to go public in a $1.2 billion blank-check cope with DPCM Capital.
“Jam City is a bit like Zynga, but unless you are a mobile-gaming aficionado, you might not have heard of it,” he writes.
Since its launch, Jam City has raised upwards of $300 million, together with a $145 million spherical in 2019. At the time, the corporate was using excessive after signing a cope with Disney to adapt a number of the media large’s mental property, which incorporates manufacturers like Marvel, Fox and Pixar.
Almost half of all Americans play cell video games, so Alex reviewed Jam City’s investor deck, a transcript of the investor presentation name and a press launch to see the way it stacks up towards Zynga, which “has done great in recent quarters, including posting record revenue and bookings in the first three months of 2021.”
(Full disclosure: the second time I labored at a startup based by Mark Pincus, Zinga slept behind my desk and I used to be certainly one of her favourite dog-sitters.)
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Walter Thompson
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@yourprotagonist
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Image Credits: Andrii Yalanskyi (opens in a brand new window)/ Getty Images
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Image Credits: Fanatic Studio (opens in a brand new window) / Getty Images
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