![]() But in that context, Wargraphs and Jean-Nicholas are examples of how a completely different approach can be just as lucrative, if not more, in the consumer segment. Now, valuations are definitely lower, and funding is not as easy to raise, especially for consumer-focused products. We’re coming out of a particularly bullish 10 years, where startups raised huge amounts of funding at vertiginous valuations, sometimes (okay, let’s be honest, OFTEN) with very little in the way of revenues or sound business models behind them, sometimes without even legitimate products to their name. The acquisition underscores an interesting leitmotif in the current world of startups. The company, such as it is, has been around for some 10 years, has pretty much always been profitable with revenues of €12.3 million in its last fiscal year. Porofessor has had 10 million downloads of its app on Overwolf - which is where Porofessor was built - and more than 1.25 million daily active users if you combine traffic both from that platform and its own direct website. Wargraphs currently also builds analytics for Legends of Runeterra and Teamfight Tactics, but the League of Legends business has been its biggest it by far. There is only a single employee, the mild-mannered Jean-Nicholas, and he has also entirely bootstrapped the business on his own. I write “startup”, but that might be with the loosest interpretation of the term. The plan is to expand them to more markets, in particular across Asia, and to build analytics for more titles. MOBA Networks, a company founded out of Sweden that buys, grows and runs online gaming communities (MOBA is short for “multiplayer online battle arena”), is buying the startup and its existing products. Wargraphs, a one-man-band startup behind a popular companion app for League of Legends called Porofessor, which helps players track and improve their playing stats, is getting acquired for up to €50 million ($54 million), half up front and half based on meeting certain earnings and growth targets. ![]() try to block Microsoft’s acquisition of Activision over concerns it will kill competition in games distribution, competition appears to be alive and well in another (smaller) area of gaming: modding and analytics.
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