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Mika Kuusisto

CEO & Co-founder at Tribo Games

👇We are finally ready to come out of stealth mode👇 Tribo Games raises €1,2M to pioneer Web3 multiplayer games for the masses. We believe that players deserve better and Web3 will bring that change. Digital ownership and open economies are perfect building blocks for us to create breakthrough mobile multiplayer games with true staying power. The five founders have over 60 years of combined experience in building mobile games, including genre-defining franchises like Candy Crush Saga, Angry Birds, Plants vs. Zombies, and Nonstop Knight. In true Web3 fashion, we are also launching our free NFT drop called Flameys. It is a founder pass for those true OGs who want to join our tribe and be part of the change. Join our Discord to grab one! Our team is fully remote and already 7 people strong! Besides the future of gaming, I'm personally also really excited about the future of work. Big up: Borja Guillan, Arto Huhta, Ilkka Siik, Alexander Shestakov. And also Nicolas Nottin, Mikko Airaksinen #web3 #gamedev #web3gaming #announcement #gaming #blockchain

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Mika Kuusisto

CEO & Co-founder at Tribo Games

1y

Read more here: https://medium.com/@Tribo_Games/tribo-games-a-new-mobile-native-web3-studio-6fc1c58d15ee And check out our website www.tribo.games 💪

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7 Reactions
Chris Murphy

Inventory Management Team Supervisor

1y

Things you love to see. I've loved your work so far and being a member of the community. Deliberate building with established credentials, this might just be revolutionary.

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Zenotta

1y

Congrats Mika. Well done to you and your team!

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Simon Mittrücker

Co-Founder at Walking Tree Games GmbH

1y

What a seriously awesome team! All the best guys!

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2 Reactions
Mohammad Hasan Akram

Founder at Surgent Gaming Studios

1y

Congratulations will see if i cant pick up a flamey

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Miikka Merikallio

Autan B2B asiantuntijayrityksiä myyntiprosessin alkupäässä | Asiakashankinnan ammattilainen

1y

That´s amazing, congratulations guys! Please, tell an enthustiastic, but social gamer, on which platform you can use web3? Is it mobile, PC or consoles or all of them?

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Alexander Shestakov

CTO & Co-founder at Tribo Games

1y

LFG :)

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4 Reactions
Tom Threlfall, CFA

Founder | Investor

1y

Sounds interesting, the discord is paused?

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Vatsal Chintalapati

PlaySimple Games | Angel Investor | Ex- Flaregames - Zynga - Yesgnome

1y

Whoop Whoop! Congratulations guys!

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2 Reactions
Teemu Kissa🐱

Founder @ Wølmark Finland|Person of Interest

1y

Good stuff🔥🔥

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    Mika Kuusisto

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    Mika Kuusisto

    CEO & Co-founder at Tribo Games

    This is ridiculous. Elon Musk promised me 5k per day forever in a blatant scam ad on YouTube. It was clearly a stupid scam made with AI, so I reported it. But Google is OK with taking money from these types of advertisers. It is just outrageous and short-sighted. Twitter is even worse with this shit... The scary part is that these types of fake scam videos could be already much better with today's tools.

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    Mika Kuusisto

    CEO & Co-founder at Tribo Games

    This reflects my experience in fundraising in 2023 as well.

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    John Li

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    It took 11 months and 181 investor meetings to raise Vimcal's last round Fundraising at the bottom of the market... really sucked Here are 5 crucial things to know if you're raising in 2024: First off, some stats: - Round: Series Seed - Duration: 11 months (Dec-June angels only, June-Oct funds only) - Total convos: 181 (108 VCs, 73 angels) - Total Rejections: 146 - Ghosted: 14x - Bad actors: 2 - VC offers: 7 1) PROOF of traction >>> everything else Your best bet to getting funding is to have explosive growth for the last 3 months Regardless what VC Twitter tells you about prioritizing profitability, the ugly truth is that most don't care about it until you're inside their portfolio I highlighted our high retention, frugality, & $0 CAC They respected all these aspects but their eyes rarely lit up What made the biggest impact was launching a frenzy of features and campaigns in the months leading up to and during the fundraise, which gave us 3 of our best months of revenue growth and enterprise logo acquisition Boost your growth #'s — all else is secondary 2) Articulate a clear path to $10B VCs have become more diligent about only investing in venture-sized outcomes That means even if they love you, they'll pass if they think you can only get to $100M By far the #1 reason we got passed on at the beginning was that investors didn't see a calendar company becoming a unicorn Calendly is the only exception and the biggest prior exit was Sunrise at $100M Certain products just "seem" to have a natural upper limit This made me realize I had to be very explicit that @vimcal isn't and never was, a calendar company We're a "meetings" company — calendar being just a beachhead What other unicorns have a team scheduling product? Salesforce, HubSpot, Zoom Convos were noticeably different after 3) Have a firm stance on AI You'll get asked in every meeting how AI will affect your industry and how you're using it Say something unique — this is your chance to show off your expertise by teaching them something new 4) Raising from angels will take much longer When I last raised in 2021, the avg angel check size was $25K-$50K This meant you could put together a decent early round with just a handful of ppl This time around, most were only investing $1K-$10K due to illiquidity If you keep collecting $5K checks, you'll be fundraising until 2030 This shouldn't stop you from trying as having awesome angels onboard is great, but just know it'll take longer and a higher % will need to come from funds 5) References are more important than ever On multiple occasions, I found out from another founder that their investor (who I loved meeting) did something shady when their company was in a vulnerable spot Bad times reveal people's true characters so do your homework -- If you found this helpful, please share it to reach more founders And if you're a founder about to raise, shoot me a DM. I'd be happy to give feedback on your pitch and deck

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    Mika Kuusisto

    CEO & Co-founder at Tribo Games

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