Fortnite maker Epic Games is raising $750 million from T Rowe, Baillie Gifford at post-money valuation of $17 billion

Fortnite has more than 350 million users

Revenue for 2020 is forecast to be $5 billion, with EBITDA of $1 billion
https://t.co/k5Ljn0id4D

— Madhav Chanchani (@madhavchanchani) June 16, 2020

Fortnite remains much more popular, profitable than press coverage, "buzz", surveys ever suggest

Active users likely at record highs

Estimates say <$2B in Fortnite revenue in 2019.

But reports say Epic did $4.2B total.

WAY more than 45% was Fortnitehttps://t.co/GG6LrK49HO

— Matthew Ball (@ballmatthew) June 15, 2020

In 2012, Tencent paid $330m for a 40% stake in Epic

8 years later, that stake is now worth $6.8 billionhttps://t.co/eiVlRfz9bR

— Damian Burns (@damianburns) June 15, 2020

How can you make Fortnite and need to raise money? https://t.co/mr1QUevToZ

— Ashlee Vance (@valleyhack) June 15, 2020

Update on that Epic round. The owner of Fortnite and Houseparty was able to secure funds at a $17 billion post money valuation https://t.co/TMglQNhnJT

— Katie Roof (@Katie_Roof) June 15, 2020

Fortnite is still a huge earner for Epic.

$400m Revenue / 3.2bn hours played in Fortnite BR during April 2020.

2019 Epic Games revenue: $4.2bn
2019 Epic Games EBITDA: $730m

Revenue / Profit forecast for 2020 is $5bn / $1bn. https://t.co/yE1l8s0k1i

— Daniel Ahmad (@ZhugeEX) June 16, 2020

They ain’t playin.....?...games https://t.co/XMz2OAHvXh

— drew olanoff (@yoda) June 15, 2020

Per Twitch, Fortnite hit 2.3MM livestreams during today's event, beating prior Twitch record of 1.7MM (LOL finals) and prior Fortnite record (1.7MM) https://t.co/ZxWKDgSBON

— Matthew Ball (@ballmatthew) June 16, 2020

EG will be worth $100B one day in the next 10 years.

If I had to guess, gaming will be <10% of Epic's business. So much more to do in industrial/enterprise applications, not to mention AR/VR layer eventuallyhttps://t.co/z6vGhVAWNf

— Yang (@YangCLiu) June 15, 2020

Epic Games is close to raising a $750 million round of funding at a valuation of about $17 billion.

In 2012, Epic sold 40% of the company to Chinese gaming and technology giant Tencent.https://t.co/r3FTAAYGAU

— Daniel Ahmad (@ZhugeEX) June 15, 2020

Epic Games is now worth an estimated $17 billion.

That's more than double its valuation *in the middle of 2018.*

Talk about Unreal.https://t.co/tvSvUV7AvV pic.twitter.com/CcdO41MJq3

— Dom (@DomsPlaying) June 15, 2020

Epic Games, which developed Fortnite, is close to raising a $750 million round of funding at a valuation of about $17 billion https://t.co/fDMPDCoEzC big team effort @Katie_Roof @GillianTan @olgakharif & more

— Liana B. Baker (@LianaBaker) June 15, 2020

Update on that Epic round. The owner of Fortnite and Houseparty was able to secure funds at a $17 billion post money valuation https://t.co/TMglQNhnJT

— Katie Roof (@Katie_Roof) June 15, 2020

Fortnite Maker Epic Games Nears Funding at $17 Billion Value https://t.co/4EwRm28al7

— Roundhill Investments (@roundhill) June 15, 2020

Epic Games も近々さらに資金調達の予定...7億5,000万ドル(約800億円）。評価額は170億ドル（１兆8,190億ドル）！#epicgames #funding #ゲーム #ゲーム業界 #海外ゲームhttps://t.co/CCj1WN0szt

— くねくねハニィ (@kunekune_honey) June 16, 2020

フォートナイトってアメリカの非上場のエピックゲームズってとこが運営してて時価総額1.7兆円くらい。テンセントが40%持ってて、コロナの恩恵を受けて4月の売上が400億円だって。。
すごいねー。
Fortnite Maker Epic Games Nears Funding at $17 Billion Value https://t.co/fpenthQt1Q

— 新ヨコワケ?シャン専門 (@ShiningBlue_SKY) June 16, 2020

Had to laugh at 'Startup Epic Games...'https://t.co/75F5qGoGCI

— Ryan Evans (@rje) June 16, 2020

Epic Gamesが時価総額$17Bで$750M調達を行うらしい。正直最も高くついても良い気がする。

2019年売上が$4.9B、内Fortniteは$2B弱だった。2018年は$5.6B売上だった。

コロナの影響で2020年4月だけでFortnite売上が$400M。

2020年予測は$5B売上、EBITDA $1B。https://t.co/aAuP2LmF7U

— Tetsuro Miyatake (@tmiyatake1) June 16, 2020

Fortnite Maker Epic Games Nears Funding at $17 Billion Value https://t.co/EKukTeEZzu
FortniteやHousepartyを保有するEpic Games、バリエーション$17Bで$750M調達するらしい。新株主にはT Rowe PriceやKKRが。

— Keisuke Kogure (@keysket) June 16, 2020

Epic Games is nearing a value of $17 billion after its next round of funding

(via @business)https://t.co/Tw9ukyHOKe pic.twitter.com/C25clelnqH

— Ben Walker (@bnwkr) June 15, 2020

EG will be worth $100B one day in the next 10 years.

If I had to guess, gaming will be <10% of Epic's business. So much more to do in industrial/enterprise applications, not to mention AR/VR layer eventuallyhttps://t.co/z6vGhVAWNf

— Yang (@YangCLiu) June 15, 2020

Fortnite is still a huge earner for Epic.

$400m Revenue / 3.2bn hours played in Fortnite BR during April 2020.

2019 Epic Games revenue: $4.2bn
2019 Epic Games EBITDA: $730m

Revenue / Profit forecast for 2020 is $5bn / $1bn. https://t.co/yE1l8s0k1i

— Daniel Ahmad (@ZhugeEX) June 16, 2020

Epic Games seeking to sell stake for $750 million at $17 billion valuation https://t.co/hEJXm8ff0n via @VentureBeat

— Alyse Sue (@alysesue) June 16, 2020

フォートナイトの開発企業エピックゲームズが7億5,000万ドルの資金調達。企業評価額は170億ドルと算定https://t.co/FH30xfptTO

— 但木 一真 Kazuma Tadaki (@k_tadaki) June 16, 2020

Fortnite generated $400 million in revenue in April alone. https://t.co/whaVTDnS7H

— Dean Takahashi (@deantak) June 16, 2020

Epic Games shareholders seeking to sell stake for $750 million at $17 billion valuation https://t.co/4WOG8VXKtW by @deantak

— GamesBeat (@GamesBeat) June 15, 2020

Gta5のように息の長いゲームになるか

Epic Games seeking to sell stake for $750 million at $17 billion valuation https://t.co/WhMv6vineQ @VentureBeatより

— CVCまん (@endo19860106) June 16, 2020

Fortnite Maker Epic Is Said to Near Funding at $17 Billion Value - Bloomberg https://t.co/WNz1w85Eh1

— Chris Matthieu (@chrismatthieu) June 16, 2020