20VC: Why Success in Gaming is Like Success in VC, The Key To Building An Enduring Game & Why Few Metrics Matter in Gaming with Kevin Chou, Founder & CEO @ Kabam

Kevin Chou is co-founder and CEO of Kabam, a world leader in mobile free-to-play games. At Kabam, Kevin catapulted revenue to $400 million and a valuation of more than $1 billion in 2014. Under Kevin’s leadership, Kabam has raised more than $240 million from venture and strategic investors, including some of the world’s largest entertainment and internet companies such as Alibaba, Google, Intel and Warner Brothers. Before Kabam, Kevin worked at Canaan Partners, Kabam’s initial investor and where he invested in 14 consumer technology and online media companies. In 2014 Kevin was named one Fortune magazine’s prestigious “40 Under 40” and, in 2012, was identified by Fortune as one of the “Smartest People in Tech.” In Today’s Episode You Will Learn: 1.) How Kevin came to found the wildly successful Kabam from a life in VC with Canaan Partners? 2.) How does Kevin respond to investors that say games is so challenging as it is so hits driven? What are the requirements to build an enduring and successful games company? 3.) What are the metrics that define success in gaming? Why does Kevin believe that gaming is unlike any other in terms of metrics? 4.) To what extent does Kevin believe it is right to monetise games from the beginning vs the free to play market? What are the features and challenges required for success in the premium end of the market? 5.) How does gaming alter both in terms of design and monetisation when comparing the East to the West? What feature sets are preferrable in both? Why doe the East want to pay for as much up front as possible? Items Mentioned In Today’s Show: Kevin’s Fave Book: Sapiens: A Brief History of Humankind Kevin’s Fave Blog or Newsletter: Dean Takahashi: VentureBeat As always you can follow Harry, The Twenty Minute VC and Kevin on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. X.ai is AI-poweredered personal assistant for scheduling meetings bringing you Amy or Andrew. The assistant you interact with like you would to any other person and it allows you to avoid the tedious hours of email ping pong in order to schedule one meeting. Even better, there is no sign in, no password, no download, all you do is cc [email protected] beautiful! And you can check it out now on x.ai it really is a must! Workable is the all-in-one recruiting software for ambitious companies. From posting a job to tracking and managing candidates, Workable provides everything you need to hire better. Transparent communication, organized candidate profiles, structured interviews and a full reporting suite gives hiring teams the information they need to make the best choice. Workable is available for desktop and mobile and you can find out more on workable.com where you can try it for free.

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