The Ledger, every show

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20VC Prediction Partly held up
Helgason: Augmented reality will be massive and almost entirely business-focused
“It's going to be massive. It's going to be massive in a very different way. Whereas VR, I think, is all entertainment. Business users that are sort of entertainment-like, you know, kind of looking at products and things like that. Whereas AR, AR is going to be…”
David Helgason Jul 22, 2016 ▶ 13:00 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
20VC Prediction Held up
Helgason: Console gaming is not dying and will remain a healthy market
“No, I mean, like there's sort of, there's been that rumor and expectation, but I mean, the console guys kind of reinvented themselves. They opened their platforms up more. Seems to be no end to that, which, you know, I think is good because frankly you know, f…”
David Helgason Jul 22, 2016 ▶ 8:31 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
20VC 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
20VC 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
20VC Assertion Not checkable as stated
Helgason: VR ecosystem is one-thousandth the size of mobile
“Even if you're really generous with VR, you know, it's something like one, 1000th of the mobile ecosystem, right?”
David Helgason Jul 22, 2016 ▶ 11:55 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
20VC 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
20VC 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
20VC 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
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