Deconstructor of Fun

TWIG #259 Monopoly Go's Winning Formula

5 snips
Nov 24, 2023
Monopoly Go has crossed $1B in revenue in just 7 months. They also talk about Esports, Web3, and the challenges of turning League of Legends into a profitable venture.
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ADVICE

Avoid Hotel-Room Meetings

  • Avoid scheduling one-on-one business meetings in hotel rooms during conferences to keep environments safe and inclusive.
  • Offer public alternatives like lobbies or coffee, and be transparent about meeting privacy to make attendees comfortable.
ADVICE

Make Private Meetings Safer

  • If you must hold private hotel-room meetings, bring women or diverse colleagues to increase comfort and representation.
  • Pre-brief sensitive parts over video calls and reserve in-person time for open, human connection instead.
INSIGHT

VCs Are Conserving Capital

  • Investment activity and M&A dropped sharply in 2023 compared to 2021–22 frothy years.
  • Funds now favor smaller pre-seed bets and reserve cash for a few high-traction winners.
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