Wargraphs' Gaming Tools Exit

A gaming companion app business that provides stats tracking and performance improvement tools for popular games, demonstrated by Wargraphs' success with League of Legends.

Key Points:

• Business Model:

  • Build companion tools/apps for major games
  • Focus on player stats and performance tracking
  • Target large player bases (Wargraphs reached 1M+ players)

• Revenue & Exit Example (Wargraphs):

  • Sold for $54M total
  • Deal Structure:
    • $27M upfront cash
    • $27M earn-out based on milestones
  • Built and run by just one person
  • Took 7-8 years to reach exit

• Success Factors:

  • Targeted a massive game (League of Legends)
  • Created valuable tools players wanted
  • Generated serious revenue before exit
  • Kept operations lean with minimal team

• Market Opportunity:

  • Popular games have large, engaged player bases
  • Players want tools to improve performance
  • Can build significant value with small team