Game Developer Nexters Goes Public in $1.9B SPAC

The transcript discusses the global nature of the gaming industry and the company's position within it. It highlights the challenges and strategies for attracting investors to risky geographies like Russia and Cyprus. The speaker explains the decision to invest in the gaming industry due to its tech-driven growth and potential. Future opportunities in European markets and the competitive landscape of SPACs are explored. The importance of a strong team and investor confidence is emphasized, with a focus on international reputation and experience in public markets.

What makes the gaming industry a 'business without borders'?

• It is limited to local markets.

• Games are developed and played globally.

• It requires physical presence in each country.

• It is restricted by international laws.

Why do investors focus more on revenue than geography?

• Revenue indicates the potential for growth.

• Geography determines the market size.

• Geography is more important than revenue.

• Revenue is irrelevant to investors.

What is a key reason for the shift towards tech-driven industries?

• Tech industries are declining.

• Traditional industries are more profitable.

• Tech enables new business models.

• Tech industries are less competitive.

Why is gaming considered a promising investment today?

• It is only popular in a few countries.

• It is a new and untested market.

• It has surpassed books and music in revenue.

• It is less popular than books.

What is a SPAC and its role in the market?

• A type of government bond.

• A traditional investment fund.

• A company that merges with others to go public.

• A private equity firm.

How does the team composition affect the success of SPACs?

• Teams have no impact on SPAC success.

• Only local teams are successful.

• Teams must be from the US.

• Diverse and experienced teams attract more companies.

What is the significance of listing on NASDAQ for European companies?

• It provides access to a deep pool of investors.

• It is only for US companies.

• It limits their market reach.

• It decreases their market value.