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Mariano Suarez-Battan

๐Ÿ‘ค Speaker
168 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

So, it was our first game.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

We created games for large brands before.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Lego was a big client, first game there.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

uh we we thought that the social games industry was going through consolidation with zinga play first and and play them growing pretty fast and we we thought that strategically made sense to build something bigger with them they had the distribution power and uh and we had like a very great creative team and really great games it means actually it was a great soccer game

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Very fun to play.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Financially, it also makes sense.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Professionally, it makes sense.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

As a young entrepreneur, I was about to turn 30, so a good, nice turnaround.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Yeah, I mean, so again, we started the company in Argentina, first video games company there, first video game company to get acquired and to be part of something bigger.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

We were in the cusp of launching it when we decided to join them.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

So you never know if that's the best decision, but it felt like the best decision at that time.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

It was a combination of stock and equity.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

So, I mean, it's blurry, but somewhere around like it ended up being $11 million.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

More or less, our deal was a little different, but the thing is like, I mean, the cash and equity component, the cash grew, the equity grew, but then there were like contingencies and some other things that don't make an exact price, right?

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Got it, got it.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Yes, there was a cash and we paid some investors with that.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

Oh, got it.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

There was an equity component, right?

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

And of course, there was salary as a management team.

SaaS Interviews with CEOs, Startups, Founders
738: Is He The Future of Design Collaboartion? 1200 Customers and $3m in Revenues Say Yes!

It was like four or five million, and then it was like four or five million on the other end.

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