Riot Games, every mention
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every year anyone Ben Gilbert 6Mitch Lasky 5Blake Robbins 4David Rosenthal 3
Verbatim, from the transcripts: the passages where Riot Games comes up
Benchmark’s Mitch Lasky and Blake Robbins on The Art of Business in Gaming · Acquired
- ▶ 1:42 Ben Gilbert Mitch is perhaps the best games investor of all time, generating literally billions of dollars of returns from early investments in Riot Games, Discord, and that game company, not to mention Snapchat.
- ▶ 34:09 Blake Robbins I, I, I want to bring, bring it back a little bit to your question though, David, around like the platform-based publisher stuff, and, and where those might fall, because like Mitch was involved with Riot, and Riot is another spin of what…
- ▶ 34:24 Blake Robbins In theory, they could become an actual publisher of third party games at, at some point, but instead they've decided to all aggregate all the demands and really keep, it's, it's sort of a social network and that there's friends and all of…
- ▶ 46:23 Mitch Lasky They owned 51% of Riot, now a hundred percent of Riot.
- ▶ 52:32 Mitch Lasky And similarly, I think the greatest disagreement I had with the founders at Riot was when they, we sat down
- ▶ 58:24 Ben Gilbert Before Snap, before Discord, before Riot?
- ▶ 58:30 Mitch Lasky Right after Riot.
- ▶ 1:00:11 Ben Gilbert For Riot Games, and it was literally just League of Legends, and it was going to be a League of Legends sized impact on the world.
- ▶ 1:02:13 Mitch Lasky I think part of the pitch that Riot made to me that made me convinced that it had a distribution advantage, that made me willing to invest in it, was the way they understood the existing audience for defense of the ancients.
- ▶ 1:02:56 David Rosenthal I mean, you had to find an out of print copy of Warcraft III and go through all of these machinations to like- The Riot team did some pretty awesome growth hacks in the early days, right?
- ▶ 1:12:10 Blake Robbins And, and, and Riot updates League of Legends every two weeks.
- ▶ 1:12:14 Blake Robbins And every two weeks they're putting out new content, they're balancing everything, and so that's pretty much the entire P&L of that game at this point is just keeping it fresh.
- ▶ 1:15:13 Mitch Lasky You're getting thirty million people to watch League of Legends, you know, streams during the Worlds, and those people are going to go play more League of Legends and buy skins and whatever, and it's like, I mean, when the Chinese team won…
- ▶ 1:24:35 David Rosenthal Um, and this- At the same time, Riot was that, right?
Benchmark Part I · Acquired
- ▶ 2:24 Ben Gilbert Semiconductor and networking companies like Synopsys and Juniper Networks, and of course, in the next generation, OpenTable, Zillow, Twitter, Instagram, Uber, WeWork, Snap, Riot Games, Asana, Discord, New Relic, and our friends of the show…
- ▶ 2:49:47 Ben Gilbert Wait, is Riot Games in Fund Seven?
- ▶ 2:49:51 David Rosenthal I think Riot might have been Fund Six.
- ▶ 3:42:53 Ben Gilbert Uber, Snap, eBay, Riot, Twitter, Discord is still privately held, but, you know, will be a big win.