Rovio

other on 3 shows · 0 statements across 0 episodes

20VC 1 Capital Allocators Top Founders

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8 statements about Rovio, every show

TOP FOUNDERS Assertion Not checkable as stated
Lempiäinen: Competing app-testing tool cost $60,000 per test in 2019
“I looked at the market. I saw one tool that didn't work and another one that costed like 60,000 bucks for this one test.”
Jesse Lempiäinen Feb 20, 2023 ▶ 4:11 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
TOP FOUNDERS Disclosure
GeekLab serves Rovio and multiple top 10 mobile gaming companies
“Rovio being, being one of the examples, but like then out of the ones that we can't disclose if you take a look at top 10 mobile gaming companies, so we have plenty of those”
Jesse Lempiäinen Feb 20, 2023 ▶ 11:10 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
20VC Assertion Partly supported
Senkut: Felicis's $41M debut fund backed Rovio, Shopify, and Fitbit
“The very first fund we had was only forty one million, and we invested in Rovio in Finland from that. The whole round was bigger than our whole firm. Shopify's A round and Fitbit's B round”
Aydin Senkut May 27, 2022 ▶ 5:14 Aydin Senkut: How I Scaled from a $4M Angel Fund to $900M AUM | 20VC #890 · 20VC with Harry Stebbings
CAPITAL ALLOCATORS Assertion Not checkable as stated
Sourcing Shopify took Aydin Senkut eight emails; Adyen took two years
“I think Shopify took me eight emails until Toby said yes. And he asked me to fly to Ottawa. Addion took me two years to break through. Rovio took me a year and a half and I had to meet them in the U S and London in Helsinki.”
Aydin Senkut Feb 7, 2022 ▶ 36:06 Aydin Senkut – Tenacious Sourcing and Founder Support at Felicis, Venture is Eating the Investment World 6 (Capital Allocators, EP.234)
20VC Disclosure
Accel invested in Qualtrics, Rovio, and Atlassian via its growth fund
“The Qualtrics, the Rovios, the Alassians are all bets out of the growth fund, as it turns out.”
Rich Wong Dec 4, 2017 ▶ 10:29 20VC: Accel GP, Rich Wong on When Is The Right Time To Scale A Startup, Optimising Initial vs Follow-On Investment Decision-Making & The Globalisation of VC In Recent Years
20VC Assertion Supported
Rovio's $42M Series A was larger than Felicis Ventures' entire fund
“When Rovio closed their first Series A round, it was forty-two million dollars, and that was larger than our whole fund.”
Aydin Senkut Apr 11, 2016 ▶ 18:14 20VC: Felicis' Aydin Senkut on Scaling Felicis From $4m to $120m, Doing Venture Differently and Why Being A VC Is Like A Jamaican Bobsled Team!
20VC Assertion Supported
Rovio became Shopify's top store out of 10,000 within a week
“In seven days, the Rovio store was up and running on Shopify. Instantly, it became the top store in Shopify among 10,000 stores. They sold out their whole inventory in a week”
Aydin Senkut Apr 11, 2016 ▶ 20:04 20VC: Felicis' Aydin Senkut on Scaling Felicis From $4m to $120m, Doing Venture Differently and Why Being A VC Is Like A Jamaican Bobsled Team!
20VC Assertion Supported
De Masi: Rovio's Shakira celebrity game was a commercial failure
“Rovio built a Shakira game that didn't work.”
Niccolo De Masi Mar 11, 2016 ▶ 33:08 20VC: Niccolo De Masi on The Bursting Of The Tech Bubble and What It Takes To Be A Celebrity Partner with Glu Mobile

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