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Codie Sanchez
@Codie_Sanchez
This solo founder just sold his company for $50M+.

The craziest part?

It was completely bootstrapped and in a totally unconventional niche.

Here's the breakdown:
Codie Sanchez
@Codie_Sanchez
Let me introduce you to Jean-Nicolas Mastin, the 1-man show behind Wargraphs.

• Started coding at age 11

• Built his first website around World of Warcraft in 2009

• Became obsessed with League of Legends and waited for their API to come out so he could build with it
Codie Sanchez
@Codie_Sanchez
Do you realize how MASSIVE League of Legends actually is? (I didn't...)

• ~180M players global, 28M in the US
• Generated $1.75B in rev for the developer
• They even produced a viral Netflix show last year, Arcane, which made Netflix ~$900M
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Codie Sanchez
@Codie_Sanchez
But Jean-Nicolas was building apps in 2013 before the game had hit the mainstream.

His first experiment: League of Graphs

• 16.9 million visits
• In-depth character stats
• Infographics on the game's monthly updates
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Codie Sanchez
@Codie_Sanchez
What did Jean-Nicolas's day look like?

"I wake up each morning and ask myself: What do my users want or need right now? As soon as I have an answer, I chase it down quickly."

This paid off in 2017, where he continued to build and obsess over his core audience.
Codie Sanchez
@Codie_Sanchez
What happened?

He launched Porofessor.

A free application that overlays with the game, enabling players to look at:

• Live in-depth scouting on their opponents
• Post-game analytics on their performance
• Guides on how to use certain characters
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Codie Sanchez
@Codie_Sanchez
The app was an instant hit:

• 800k daily active users
• $13.46M revenue in 2022 (mainly via ads)

The company that acquired them, MOBA Network, is also a fascinating business...
Codie Sanchez
@Codie_Sanchez
Their focus is on acquiring and growing the world's largest gaming communities:

• Valuation: $515M
• Distribution: 170M page views + 20B video views per year
• Assets: 1,000+ content creators and 23 online communities

A fascinating community-first model.
Codie Sanchez
@Codie_Sanchez
Some lessons from this story:

• Build for avid fans
• Always obsess over your customers
• Build from a place of personal obsession (find what feels like play to you, but feels like work to others)
Codie Sanchez
@Codie_Sanchez
I don't know the first thing about League of Legends...

But a story of a passionate builder?

Game recognizes game.

Follow @Codie_Sanchez for more, and you can RT here for easy sharing:

Codie Sanchez
@Codie_Sanchez
Like this tweet? You’ll love Contrarian Thinking.

Weekly breakdowns sharing the ingenious ways people make, save, and invest money.

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