By selling ads in their games, Tripledot did $200 million in revenue last year—up 250% from the previous year—on estimated profit of around $30 million.
The company makes a killing with low-cost, no-frills mobile versions of puzzles, word games and old favorites such as solitaire, intentionally steering clear of the jackpots the industry loves to chase.or a bunch of guys in what can be the high-touch world of video games, the Tripledot Studios founders are remarkably unsentimental. Making a game can be a lot like making a movie: long, costly and successful only with obsessive focus on elements like narrative and character.
profit of around $30 million. Its games have over 30 million monthly users, and they’ve attracted some bold-name investors, like Lightspeed Venture and billionaire Len Blavatnik’s Access Industries. From April 2021 to February 2022, Tripledot raised over $200 million, most recently at a $1.4 billion valuation. The founders, collectively, own about 40% of the company, which is headquartered in London but draws about half its audience and two-thirds of its revenue from the U.S.
Shiff and Chameides were both born in Israel, where they served out their mandatory military duty in intelligence. Shiff won’t say what exactly he did. Chameides has a guess. “Time travel,” he says. Chameides isn’t much more revealing about his own duties. He admits, vaguely, to producing some “training” games. After their clandestine activities concluded, they did the only obvious things: Shiff went to get a Stanford MBA, then started a social gaming startup, Product Madness, in 2007.
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