Epic Games

No single number decides. Layers can disagree — that's the point. New to this? →

The platform's own early signals for this company — hard-to-fake, and where one preceded a real raise, the measured lead.

• federal_register 1 signal · latest 2023-01-04
• Federal contract awards 2 signals · latest 2011-05-27

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• neutral fact_claim Unattributed

  And in June, Epic CEO Tim Sweeney sent emails to Apple saying, hey, listen, Fortnite makes a lot of money. 30% heck of a take. Can we get a discount? Can we, you know, not pay for or change the take rate of the in-app purchases?

• neutral fact_claim Unattributed

  But importantly, they make the Unreal Engine, which is a video game engine that powers other games. The founder is Tim Sweeney.

• neutral fact_claim Unattributed

  He's the founder and CEO, and he owns over 50% of the company. Tencent owns like 40% of the holding company. They got a $17 billion valuation.

• bullish assessment Unattributed

  They make Fortnite, which is, I believe, one of the most successful games in the history of video gaming.

• bullish endorsement Unattributed

  This is all being done because of Epic Games, the makers of Fortnite... This guy is like a hardcore mofo. I love this guy. He's like, I'm going to take on Apple and I'm going to do it for five or ten years. And then he's like in our app store because I think he's got his own gaming app store. He's like, yep, there's no revenue share until you hit a million dollars.

• neutral fact_claim Unattributed

  Epic, of course, sued Apple over this.

• bearish fact_claim Unattributed

  they got a record-breaking fine for invading children's privacy and then another record-breaking fine for tricking players of all ages into making unintended purchases the two fines together add up to 520 million dollars

• bullish endorsement David Sacks

  I can't speak to the details of Epic's case, but I do think they're doing the ecosystem a favor here by pushing back on these monopolies and helping to keep them under control.

• bearish criticism Chamath Palihapitiya

  what does it materially prove nothing with respect to the body of law, it just goes to show that if you pick the right place to convene these trials, in the right format, you can give yourself a slightly better probability of winning. But the question is, what will you win? It's not clear to me what happens now, is there going to be the damages portion now of this trial? Is that what happens next?

• neutral fact_claim Unattributed

  Epic isn't seeking damages. They just want Google to change their practices. They want to basically let people plug in their own billing system to avoid the 30% tax.

• bullish assessment Unattributed

  Google got spooked that other game developers would follow Epic's lead and launch their own app stores or route people directly to their websites to avoid the 30% take rate. Some might call it a tax Google calculated they would lose $2 billion to $3.5 billion in revenue annually if the other major game developers followed Epic.

• bullish fact_claim Unattributed

  Epic, the makers of Fortnite just won a huge case with Google over the Play App Store on Android phones.