Unity Technologies

also referred to as: unity · unity 3d

19 statements across 6 episodes · 9 bullish · 0 bearish · 6 people on the record · first statement Jul 22, 2016 by David Helgason · said 136 times in 22 episodes since 2016 · across every show →

Mentions by year

brought up most by Harry Stebbings (109), David Helgason (9), Randy Glein (4), Garry Tan (1), Christian Lanng (1), Adam Foroughi (1)

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00107.5201520162017201820192020202120222023episodesmentions per episode
2023 1 mention in 1 episode
2021 1 mention in 1 episode
2020 37 mentions in 2 episodes 19 per episode
2019 91 mentions in 15 episodes 6 per episode
2017 4 mentions in 1 episode
2016 2 mentions in 2 episodes 1 per episode

every mention, scene by scene, with the transcript →

Everything said about Unity Technologies, oldest first

Jul 22, 2016
Insight
Helgason: User-friendly platforms win through high volume at low price
“If you have a user-friendly platform, and everything else in your industry is really not user-friendly, you could maybe, instead of, You know, selling it a few times for a lot of money. You could sell it for a little bit of money a lot of times.”
David Helgason Jul 22, 2016 ▶ 5:09 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Jul 22, 2016 positive
Assertion Supported
Stebbings: Unity raised $181M Series C at $1.5B valuation
“Just last week, Unity raised one hundred and eighty one million dollars in Series C funding, with the company's valuation reported to be 1.5 billion dollars.”
Harry Stebbings Jul 22, 2016 ▶ 0:14 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Jul 22, 2016
Insight
Helgason: People naturally create the media they consumed during childhood
“People are attracted to Creating the kind of media that they consumed as children, and we'd all played games, and it seemed logical that there would be some, I don't know, he, well, he felt that there would be kind of a, an explosion of small game developers, …”
David Helgason Jul 22, 2016 ▶ 5:41 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Jul 22, 2016
Assertion Not checkable as stated
Helgason: Unity faced 45 VC rejections before receiving 5 term sheets
“We got 45 rejections or so, and then in the end we had five term sheets.”
David Helgason Jul 22, 2016 ▶ 17:40 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Jul 22, 2016
Prediction Didn’t hold up
Helgason: I will almost certainly never start another company as founder
“As a founder, almost certainly not. Plus Unity keeps me busy. It's just like, it's sort of a Big B stuff of interesting projects and innovation and teams and brilliant people that it sort of keeps me occupied. No, it's hard. It's hard for me to imagine that I …”
David Helgason Jul 22, 2016 ▶ 22:41 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Jul 22, 2016
Assertion Supported
Helgason: Unity was the only major game engine on mobile early on
“And for various reasons, nobody else really cared about it for a while. So we were kind of the only player there for quite a while. Of course, you know, because all the money was in console gaming, which is a very different everything actually.”
David Helgason Jul 22, 2016 ▶ 8:15 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Jul 22, 2016
Disclosure
Helgason: Unity rejected acquisition offers that misaligned with its core mission
“There was a couple of times when we could have probably made some money, but you know, the acquirer was clearly not aligned with that idea. Not because they're bad people, just because they're completely different interests. And in that case, it was very easy …”
David Helgason Jul 22, 2016 ▶ 18:54 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Jul 22, 2016 neutral
Disclosure
Helgason: Unity originally copied Macromedia's $1,000 per user software pricing model
“We picked the macromedia business model, which, you know, is sort of, like, morphed into the Adobe business model, which was, you know, professional software, roughly a thousand bucks per user, and then you might sort of upgrade once every few years.”
David Helgason Jul 22, 2016 ▶ 9:53 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Dec 14, 2016 bullish
Opinion
Sequoia's early investment in Unity was the best AR/VR play
“On the flip side, the funny thing about AR, VR is probably the most valuable thing to invest in as Sequoia already did, which was Unity.”
Garry Tan Dec 14, 2016 ▶ 10:28 20VC: Garry Tan on The Biggest Takeaways From Advising 700 Companies @ Y Combinator & Why Now Is The Golden Age For The Early Stage?
Feb 8, 2017 bullish
Assertion Partly supported
Unity Reaches Nearly One Billion Monthly Gamers Across Two Million Developers
“They have a near nearly two million developers that build on their game. These games Reach nearly a billion gamers every month”
Randy Glein Feb 8, 2017 ▶ 30:48 20VC: The Radical Changes In Public Market Expectations, The Right Way To Assess Valuation & What It Means To Be A Disciplined & Diligent Investor with Randy Glein, Partner @ DFJ Growth
Feb 8, 2017 bullish
Assertion Partly supported
Unity Holds 70% to 80% Market Share in VR and AR Development
“Already they've repurposed or redirected that That development platform towards VR and AR software applications and have 70 to 80% market share of all development that's happening in VR and AR.”
Randy Glein Feb 8, 2017 ▶ 31:21 20VC: The Radical Changes In Public Market Expectations, The Right Way To Assess Valuation & What It Means To Be A Disciplined & Diligent Investor with Randy Glein, Partner @ DFJ Growth
Jul 5, 2017 positive
Disclosure
Schuler: DFJ Growth preemptively invested in Giphy when it wasn't fundraising
“Well, the most recent one, we did two toward the end of the year. One was unity and the second was Giphy, and Giphy, I had to get them to say yes. They actually weren't raising money, and one of the ways we like to operate is being a little preemptive, and we …”
Barry Schuler Jul 5, 2017 ▶ 22:13 20VC: How To Get Back To 200 Tech IPOs Per Year, Why We Are In A 'Bulge" Not A Bubble & The Impending Flat & Down Rounds To Come with Barry Schuler, Partner @ DFJ Growth
Oct 26, 2020 positive
Assertion Supported
Sequoia Led Unity's Series A and Persuaded Them to Adopt Freemium
“One of the first decisions was to go change the business model of the company because the company had bootstrapped until that we were the Series A investor in the company in They never had outside capital, they didn't have a board, and so they always charged f…”
Roelof Botha Oct 26, 2020 ▶ 30:30 20VC: Sequoia's Roelof Botha on His Biggest Lessons Working Alongside Don Valentine, Mike Moritz and Doug Leone, Leading Sequoia's US Business and What Sequoia Do To Retain Their Edge at the Top & The Crucible Moments That Define Startup Success
Oct 29, 2020 positive
Opinion
John Riccitiello understood the games industry better than anyone else
“Of all the sort of, I met a lot of people along the way, but of all the people I had conversations with, he just understood the games industry the best.”
David Helgason Oct 29, 2020 ▶ 13:08 20VC: Unity Founder David Helgason on The Hypergrowth Early Days of Unity, Why Running A Company Is Like A Liberal Art, The Secret To A Successful CEO Transition and What Makes Roelof Botha Such A Special Board Member
Oct 29, 2020
Assertion Partly supported
Unity raised a $5M Series A from Sequoia with 30 employees
“When we were 30 people, I moved to San Francisco and raised money from Sequoia Capital. First round, actually, five million dollars with Rola Fulta joining the board.”
David Helgason Oct 29, 2020 ▶ 9:25 20VC: Unity Founder David Helgason on The Hypergrowth Early Days of Unity, Why Running A Company Is Like A Liberal Art, The Secret To A Successful CEO Transition and What Makes Roelof Botha Such A Special Board Member
Oct 29, 2020
Disclosure
Achieving personal financial security allowed Unity's founders to relax and grow
“When the company got to a level where that seemed kind of almost certain for me and my co-founders, I think I just relaxed a bit. And it's like, yeah, like the rest is just fun and glory.”
David Helgason Oct 29, 2020 ▶ 22:10 20VC: Unity Founder David Helgason on The Hypergrowth Early Days of Unity, Why Running A Company Is Like A Liberal Art, The Secret To A Successful CEO Transition and What Makes Roelof Botha Such A Special Board Member
Oct 29, 2020
Insight
Running a company is a liberal art, not an engineering discipline
“Running companies is like a liberal art, right? It's not an engineering discipline.”
David Helgason Oct 29, 2020 ▶ 15:16 20VC: Unity Founder David Helgason on The Hypergrowth Early Days of Unity, Why Running A Company Is Like A Liberal Art, The Secret To A Successful CEO Transition and What Makes Roelof Botha Such A Special Board Member
Oct 29, 2020 positive
Disclosure
Sequoia issued Unity a Series A term sheet in eight days
“They made us a very strong offer very quickly, like eight days to get a term sheet, and it was basically the best term sheet we had.”
David Helgason Oct 29, 2020 ▶ 16:59 20VC: Unity Founder David Helgason on The Hypergrowth Early Days of Unity, Why Running A Company Is Like A Liberal Art, The Secret To A Successful CEO Transition and What Makes Roelof Botha Such A Special Board Member
Oct 29, 2020 positive
Assertion Not checkable as stated
Unity was already profitable when it raised its $5M Series A
“We were 30 people when we raised the round, and profitable, and we actually remained sort of break-even-ish, profitable for quite a while.”
David Helgason Oct 29, 2020 ▶ 9:39 20VC: Unity Founder David Helgason on The Hypergrowth Early Days of Unity, Why Running A Company Is Like A Liberal Art, The Secret To A Successful CEO Transition and What Makes Roelof Botha Such A Special Board Member
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