{"id":165899,"date":"2023-06-16T13:24:07","date_gmt":"2023-06-16T18:24:07","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/06\/wargraphs-a-gaming-startup-with-only-one-employee-and-no-outside-funding-sells-for-54m"},"modified":"2023-06-16T13:24:07","modified_gmt":"2023-06-16T18:24:07","slug":"wargraphs-a-gaming-startup-with-only-one-employee-and-no-outside-funding-sells-for-54m","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/06\/wargraphs-a-gaming-startup-with-only-one-employee-and-no-outside-funding-sells-for-54m","title":{"rendered":"Wargraphs, a gaming startup with only one employee and no outside funding, sells for $54M"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/wargraphs-a-gaming-startup-with-only-one-employee-and-no-outside-funding-sells-for-54m2.jpg\"><\/a><\/p>\n<p>While the <a href=\"https:\/\/techcrunch.com\/2023\/04\/26\/uk-blocks-microsofts-planned-68-7b-activision-bid-saying-it-would-substantially-weaken-competition\/\" target=\"_blank\" rel=\"noopener\">U.K.<\/a> and <a href=\"https:\/\/www.ftc.gov\/news-events\/news\/press-releases\/2022\/12\/ftc-seeks-block-microsoft-corps-acquisition-activision-blizzard-inc\" target=\"_blank\" rel=\"noopener\">U.S.<\/a> try to <a href=\"https:\/\/techcrunch.com\/2023\/06\/12\/ftc-reportedly-seeks-injunction-to-stop-microsofts-activision-blizzard-deal\/\" target=\"_blank\" rel=\"noopener\">block<\/a> Microsoft\u2019s acquisition of Activision over concerns it will kill competition in games distribution, competition appears to be alive and well in another (smaller) area of gaming: modding and analytics.<\/p>\n<p>Wargraphs, a one-man-band startup behind a popular companion app for League of Legends called <a href=\"https:\/\/porofessor.gg\" target=\"_blank\" rel=\"noopener\">Porofessor<\/a>, which helps players track and improve their playing stats, is getting acquired for up to \u20ac50 million ($54 million), half up front and half based on meeting certain earnings and growth targets.<\/p>\n<p><a href=\"https:\/\/wearemoba.com\" target=\"_blank\" rel=\"noopener\">MOBA Networks<\/a>, a company founded out of Sweden that buys, grows and runs online gaming communities (MOBA is short for \u201cmultiplayer online battle arena\u201d), is <a href=\"https:\/\/wearemoba.com\/newsworthy\/m-o-b-a-network-acquires-wargraphs-s-a-s-and-explores-the-possibility-to-issue-senior-secured-bonds\/\" target=\"_blank\" rel=\"noopener\">buying the startup<\/a> and its existing products. The plan is to expand them to more markets, in particular across Asia, and to build analytics for more titles.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the U.K. and U.S. try to block Microsoft\u2019s acquisition of Activision over concerns it will kill competition in games distribution, competition appears to be alive and well in another (smaller) area of gaming: modding and analytics. Wargraphs, a one-man-band startup behind a popular companion app for League of Legends called Porofessor, which helps players [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1509],"tags":[],"class_list":["post-165899","post","type-post","status-publish","format-standard","hentry","category-entertainment"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/165899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=165899"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/165899\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=165899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=165899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=165899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}