“There is some abstract simplification of the core of what makes everything great. And the more you know about it, the worse you get and the further away you get at telling that story.”
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More from Dan Porter
AssertionNot checkable as stated
Snapchat copied its famous 'streaks' feature from Draw Something
“Subsequently, somebody at Snap told me, oh yeah, we took that idea of streaks from what you guys had done in that game.”
Dan PorterJul 10, 2024▶ 18:05Our buddy sold his app for $200M in just 6 weeks?!
Insight
Believing a single feature will save a software app is an illusion
“One of the cool things about working in the gaming space is it changed your mindset so that you're kind of one game always, you're always one game away from something changing the trajectory of the company. And if you're in a website or an app or a product bus…”
Dan PorterJul 10, 2024▶ 4:54Our buddy sold his app for $200M in just 6 weeks?!
AssertionNot checkable as stated
OMGPOP saw 50% churn from users who lost their first game
“I understood from our site that if you came onto our site and you played a game, if you and Sam played and Sam won, 50% of the time you would never come back to the site again.”
Dan PorterJul 10, 2024▶ 16:44Our buddy sold his app for $200M in just 6 weeks?!
AssertionNot checkable as stated
Porter rehired laid-off OMGPOP employees before Zynga deal to vest options
“There were a bunch of employees who I had to let go, and I just made the decision on my own to rehire them, like, the day before the deal closed so that their options would still vest.”
Dan PorterJul 10, 2024▶ 32:28Our buddy sold his app for $200M in just 6 weeks?!
Disclosure
Porter gave away a $5 million cash bonus from the Zynga acquisition
“Zynga said, here's five million dollars in cash. I could have put that whole thing in my own bank account if I wanted to. And sure. Do I wish I had that money today? Sure. Who doesn't? But like to be able to release that and give it to other people and change …”
Dan PorterJul 10, 2024▶ 36:40Our buddy sold his app for $200M in just 6 weeks?!
Insight
Leaving value on the table in negotiations preserves relationships for future deals
“And he said, listen, whenever I do a deal with somebody, I always just leave a little bit extra on the table. Cause you never know when you're going to come back. I want to do another deal with them. And like, you know, the internet is filled with Here's how d…”
Dan PorterJul 10, 2024▶ 46:21Our buddy sold his app for $200M in just 6 weeks?!
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