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Riot's Revenue Revelations and Mobile Market Insights
This chapter examines Riot Games' surprisingly low revenue figures from the U.S. market, revealing a greater challenge in the Western mobile gaming landscape. The discussion contrasts the competitive dynamics of mobile and PC gaming, emphasizing Riot's delayed mobile strategy while criticizing misconceptions about venture capital investments in gaming. Additionally, it explores the liquidity challenges faced by gaming founders, highlighting the complex relationships with venture capitalists and the impact of secondary share sales.