How much? Epic Games, maker of Fortnite, just raised $1.25B and is now valued at $15B!
Epic Games valuation by year:
1) JUN-12 — $825M
2) MAY-18 — $4.5B
3) NOV-18 — $15B
Flashback: Fortnite is generating more revenue than any other free game ever
A single video game (Fortnite: Battle Royale) brought in $318M in revenue during May!
This is the highest monthly revenue total ever for a video game.
Watch #1: Jon Erlichman breaks down the deal.
Watch #2: Brad Twohig, one of the venture capitalists in the deal, walks through how they value the company.
More #1: Michael Jordan Makes His Foray Into Esports With Startup Investment
