Supercell

“And I had a handshake with Ilka, the founder and CEO, to buy the company for four hundred million in cash.”

“You know, and Supercell made five hundred million in profit the next year”

“The winners in mobile games were largely new companies Supercell, King, Zynga, and not the PC console and companies, right? It wasn't Electronic Arts or Activision or Microsoft.”

“Whenever we talk with startups, it's either him personally or supercell that's kind of backed them here in Finland. So that's, I think awesome as well that they put the success back to the market.”

“Supercell launched Clash of Clans very famously only two years later on Android.”

“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…”

“Therefore, I would argue that the decisions that these people make, they are of higher quality. They're just better decisions than those of the people at the higher level of management make.”

“And, you know, I've also noticed that the more kind of you trust people, I mean, people also, like, the way they can respond is that they get this huge sense of responsibility. Like, most people get it sort of almost automatically if they are just, if they get…”

“Outside looking in, like, it might feel that Supercell was an instant success, but I guarantee you that in the first two years, it definitely didn't feel like that, because, I mean, as you said, like, the first three games that he put out didn't work at all.”

“If you follow competition, the risk is that you may become, like, overly reactive, like, what Happens around you, and essentially, the best you can be is just to be a fast follower, but if you're a fast follower, then by definition, you will always follow some…”

“Well, how I think about it is, I think, like, in my opinion, like, companies, I don't think they ultimately fail because they take risks. I think fail because they stop taking risks.”

“If a company, like, never, ever fails, essentially means that they probably aren't trying to do a kind of hard enough thing, or the bar just isn't, like, high enough, and that they're not trying to, like, you know, innovate.”

“And then that actually became a tradition in the company, which we sort of still have. So whenever we kind of like fail, we actually do celebrate, like not be failure itself because failing isn't cool or fun. Everybody knows it sucks, but, and we are not celeb…”

“I think it's pretty obvious now, whether it's companies like Spotify or Supercell or Atlassian or other companies of that form, that that is now an outdated view.”

“We look a lot at companies like Supercell, who I admire a lot. They're making these amazing games where their D three 65 retention, like one year later, you know, they're looking at things like 20% on the three 65th day people are there.”