A 25-year-old French entrepreneur founded a start-up that developed an app for League of Legends. He managed the start-up without outside money or any employees. The LoL app grew for 10 years and became more and more popular. Now he managed a spectacular sale.
What is this app?
He has also achieved a lot in his last 10 years, but has not developed an app:
Never took money from outside, never hired employees
That’s what’s special: There is only one person behind entire websites and apps, Jean-Nicolas Mastin.
He founded Wargraph at the age of 25 and ran it for 10 years without hiring employees or seeking outside funding.
Who bought the company now? Wargraph has now been acquired by a Swedish company, MOBA Network, for €50m (via Techcrunch).
The CEO says: Together with the founder, who joins the team, plans have already been made to further develop the project and bring the project to new games and markets.
With the acquisition of Mastin, they have now gained a lot of competence that will put the company on the path to becoming the world’s best gaming community company.
The developer himself now wants to develop a game himself after 10 years of app development. Something to do with Hearthstone.
But he also wants to do that without borrowing money from others.
People around LoL have fascinating lives:
LoL: Twitch streamer employs his own mother as a cook – pays her handsomely