The Ledger
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Tencent and Sequoia led Airwallex's $80M Series B at $400M pre-money valuation
“Tencent and Sequoia said, we want to lead another round. So they basically lead a 400 dollar at a four hundred million dollar pre they invest eighty million dollars, so a 404 hundred eighty million dollar post. So they basically, but at that time the business …”
Tencent's investment in Airwallex brought in Sequoia and Mastercard
“So we got the investment the day after that. And then obviously you know, Sequoia and then Mastercard also came in with the, with Tencent.”
Neil Young: 55% of Tencent's revenues come from games
“People often forget that 55% of Tencent's revenues come from games.”
Zaveri: Tencent generates 50% of its revenue from microtransactions, not ads
“Tencent, for instance, historically continues to not monetize just through ads. 50% of its revenue comes through microtransactions”
Ilkka Paananen raised over $143M for Supercell prior to Tencent acquisition
“Prior to Tencent acquiring a majority stake in the company at a reported 10.2 billion dollar acquisition price, Ilka raised over one hundred and forty three million dollars for the company from Excel, Index, Atomico, IVP, LVP, Initial and Lifeline to name a fe…”