Podcasts Technology Acquired Rec Room Part II (with CEO Nick Fajt)

Rec Room Part II (with CEO Nick Fajt)

Published: March 24, 2021, 5:08 a.m.

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Last Acquired left the plucky Rec Room crew in our 2018 "Part I" episode, they were a seed stage startup making a VR game that users loved but grew slowly and barely monetized. Fast forward to today, and they\'re now a multi-platform social "place" with millions of active users, 500%+ YoY growth and hosting a robust creator economy that\'s rivaled only by their oft-compared metaverse cousin Roblox in dynamics and efficiency. And oh yeah, they\'re now a $1B+ company after a new $100m fundraise from existing investors Sequoia and Index, which they\'re announcing today. We figured it was high time to revisit Nick & crew for a Part II...\\xa0

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Sponsors:
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe
Modern Treasury: https://bit.ly/acquiredmoderntreasury


The Rec Room Playbook is available on our website at https://www.acquired.fm/episodes/rec-room-part-ii-with-ceo-nick-fajt

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