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Epic Games
Acquired
What Would Have Happened if Tencent Hadn't Invested?
Naspers bought 40 per cent of the company for three hundred thirty million dollars. That's now worth five point four billion, which i think is a sixty per cent annualized return on that money. It took him six years to turn three hundred thirty million into five point four billion - that's like investing the whole fund and generating a sixteen x only six years into the life of the fund. This isn't a crazy investment. And we've covered some crazy investments on this show. But this one is like, let's just run through some numbers. O k, so in twent twelve, ten% bought forty per cent of thecompany for three hundred thirty millions. In october of...
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