Big Congratulations to Overseer Unity Game Engine CEO John Riccitiello for not only allowing the company to win but the employees as well. John gave employees the option to sell their stock during the same day the company IPO’d and after the companies 15 long hard years of producing innovative software that has helped countless indies bring their game to market, Unity had an evaluation of $6.3B in the 2019 of May.
“The employees don’t really participate until the 6th month and we wanted to find a way to get employees involved on day one”
– John Riccitiello
Unity is a strong company with 53% of the top 1,000 app sore games built on the Unity Game Engine. Below are the 6 reasons why the UNITY IPO will change the gaming market in 2020 and beyond.
- MISSION CRITICAL TO ALWAYS BE A ONE RELEASE STOP
- OVER 3 BILLION TIMES MOBILE APPS BEING DEVELOPED BY UNITY CREATORS ARE DOWNLOADED PER MONTH
- 53% OF TOP 1,000 GROSSING MOBILE GAMES ARE POWERED BY UNITY GLOBALLY
- THE UNITY ENGINE IS EVOLVING DAILY, WITH CREATORS USING IT TO NOT ONLY MAKE GAMES, BUT FILM, AND EVEN BUILDING DESIGN
- UNITY IS FREE TO START WHERE OTHER GAME ENGINES WITH THE SAME FEATURES WILL COST
- UNITY IS BEING CURRENTLY BEING USED IN OVER 190+ COUNTRIES AND TERRITORIES
Game recognizes game and here’s what Epics CEO Tim Sweeny said to John on the companies big day!
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Game engines go big time! Congrats <a href="https://twitter.com/unity3d?ref_src=twsrc%5Etfw">@Unity3d</a> folks! <a href="https://t.co/ZnWX3wmSgU">https://t.co/ZnWX3wmSgU</a></p>— Tim Sweeney (@TimSweeneyEpic) <a href="https://twitter.com/TimSweeneyEpic/status/1307067813455171585?ref_src=twsrc%5Etfw">September 18, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Unity went public on September 18, 2020 and raised over $1.3 billion. The company is now has a market value of over $13.7 billion. Mobileappgaming will continue to follow Unity and update this article periodically.
Do you think this will affect the gaming industry? Comment below and let’s have a conversation!