Ryu Games
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Ryu Games was a San Francisco startup led by CEO Ross Krasner that helped mobile developers monetize games with cash tournaments. Its SDK let developers add real-money tournaments to hyper-casual mobile games instead of in-game ads, so players could pay entry fees and compete asynchronously for cash prizes. The platform added social functionality including in-game chat, match history, invitations, leaderboard events and a cross-promotion network.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- SDK launch
Ryu Games, part of the current 500 Startups batch, launches its mobile gaming cash-tournament SDK on September 24, 2020 to compete with Skillz, with over 15 games from developers including Spaceloom and Super Boring Studio launching with it.
- Seed round
Ryu Games raises a $2.3 million seed round from Side Door Ventures, MGV Capital, Velo Partners, Citta Ventures and 500 Startups, first reported by TechCrunch.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.