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Paul Murphy, founder of Dots: $200 million sale to Take Two

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Manage episode 317602619 series 3152585
Content provided by StartupSoft. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by StartupSoft or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Facebook purchased GIPHY for $400 million and Take Two purchased Dots for $200 million –– what do these two acquisitions have in common? Three things: both are 9-figure exits, both happened in 2020 and both were incubated by Paul Murphy. In this episode, we focus on Paul’s experience in incubating and growing Dots, a series of casual and highly addicting mobile games, towards their eventual sale, and Paul's subsequent transition to venture capital.

On this episode of the Startup Exits Podcast, we chat with Paul about:

• Incubating multiple startups at Betaworks

• Can pretty design be a value prop?

• Spending $10k on FB ads in 1 hour by accident

• Attempts at entering the Chinese market

• Moving from being a founder to VC investing

• Would Paul-the-VC invest in Paul-the-founder?

• What if the team is great but the idea is bad?

Paul Murphy is currently an investor at Northzone, an early-stage venture capital firm in London.

Startup Exits is brought to you by StartupSoft. New episodes every month, subscribe for more.

  continue reading

25 episodes

Artwork
iconShare
 
Manage episode 317602619 series 3152585
Content provided by StartupSoft. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by StartupSoft or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Facebook purchased GIPHY for $400 million and Take Two purchased Dots for $200 million –– what do these two acquisitions have in common? Three things: both are 9-figure exits, both happened in 2020 and both were incubated by Paul Murphy. In this episode, we focus on Paul’s experience in incubating and growing Dots, a series of casual and highly addicting mobile games, towards their eventual sale, and Paul's subsequent transition to venture capital.

On this episode of the Startup Exits Podcast, we chat with Paul about:

• Incubating multiple startups at Betaworks

• Can pretty design be a value prop?

• Spending $10k on FB ads in 1 hour by accident

• Attempts at entering the Chinese market

• Moving from being a founder to VC investing

• Would Paul-the-VC invest in Paul-the-founder?

• What if the team is great but the idea is bad?

Paul Murphy is currently an investor at Northzone, an early-stage venture capital firm in London.

Startup Exits is brought to you by StartupSoft. New episodes every month, subscribe for more.

  continue reading

25 episodes

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