.

1. Michael Lu (lumike)

2. Products

3. League of Legends

5. Financial
Made $1.6 Billion in 2015
67 Million Active Monthly Players
26 Million Active Daily Players

6. Business Model
Microtransactions: Merchandise:

7. History
Founded in 2006
Released League of Legends in 2009
Funding:
➔ $7 million in 2008
➔ $8 million in 2009
➔ $231 million by Tencent in 2011
Completely owned by Tencent by 2015

8. Secret Sauce
“Free”
Aggressive Advertising
Constant Updates

9. Competition

10. Will They Succeed?
In 5 years? Yes.
In 10 years? No.

11. Questions?

12. References
https://en.wikipedia.org/wiki/League_of_Legends
https://en.wikipedia.org/wiki/Riot_Games
http://www.forbes.com/sites/insertcoin/2016/09/13/riot-games-rev
eals-league-of-legends-has-100-million-monthly-players/#1e029c3
b10b1