Founder Interview Video
How Arkadium Reached $15M in Revenue and Bought Out Its Investors While Staying Profitable (Interview with Co-Founder Jessica Rovello)
Chapters
- 0:26Introduction to Arkadium and Jessica Rovello
- 0:37Business Model: Games Licensing and Direct to Consumer
- 1:01Founding Story and Early Revenue
- 2:592013 Fundraise: Scale at the Time and Why They Raised
- 4:56Selling Less Than 20% for $5M, and the Pressure to Raise
- 6:23Profitability and EBITDA Margins
- 6:43How the $5M Was Deployed
- 7:28The Team and the Business Today
- 9:34What Arkadium Builds for News Publishers
- 10:332018 Revenue and the Decision to Buy Out Investors
- 13:08The Buyout Price: More Than the Investors Put In
- 15:00Debt-Free and Disciplined With Cash
- 18:28Summing Up: Cash on Hand When They Raised
- 19:22Would They Sell Today?