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From Wildlife to Benchmark with Victor Lazarte

11 snips
Nov 19, 2024
Victor Lazarte, co-founder of Wildlife Studios and partner at Benchmark Capital, shares his fascinating journey from JP Morgan to the mobile gaming industry. He discusses the challenges of fundraising and the vital role of mentorship, emphasizing lessons from early betrayals in business. The duo delves into the unexpected success of Racing Penguins, revealing how a simple game icon captured millions of players. They also reflect on childhood memories and cultural influences, tying personal experiences to their entrepreneurial growth.
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ANECDOTE

Early Investor Troubles

  • Victor Lazarte had negative experiences with investors early in Wildlife Studios' development.
  • One investor copied their business model, and another proposed an unfair deal.
ANECDOTE

Betrayal by a Friend

  • Lazarte recounts a story of a close friend who, after receiving job help, became distant and dated Lazarte's crush.
  • This was one of his first experiences with professional betrayal.
INSIGHT

Spotting Potential

  • Lazarte enjoys identifying talent before others and helping them succeed.
  • He saw potential in Dubugras at their first meeting and was motivated to help him.
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