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Season 3, Episode 10: Tencent

Acquired

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Avatars on the CCU Platform

In two adtwo, a p m who's working at the company hears about this corean company that is selling digital goods for their users to customize there. Within six months, they have over five million users on the ccu platform and are paying an average of five r mba month. So that works out to a 300 million r m b annual run rate. S that's about 50 million dollars in us. D within six months. And so ten cents, well, we got to do something. We're going to end up a grading this particular investment against other sort of very successful investments. You might imagine which ones. Ok. But this was to say, this was prescient

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