![]() ![]() Kevin: Kabam, previously known as Watercooler, has gone through a number of business model iterations in our five years of existence. How did the company come together? What are your primary products? How long have you been around? How would you describe your business model? As the firm seems poised for a major breakout in coming months, DFC spoke with chief-executive Kevin Chou, and chief operating officer Chris Carvalho, to discover what Kabam’s plans are.ĭFC: So give us the big picture overview of Kabam. In recent months Kabam has been the subject of much conversation in the venture capital community. CLICK BRIEF ICON to register to get our latest Complimentary Brief ![]() With offices in Beijing, Kabam is also positioning itself to migrate its content to wider points in Asia, in addition to its existing North American and European markets. Kabam has raised $115 million in venture funding during the last year to fuel growth, and has increased its staff from 25 to more than 400 since 2010. ![]() That novel approach has netted the firm a smaller than typical user base for its games, but those people who play titles like Kingdoms of Camelot spend significantly more money on virtual items. Against all of the conventional wisdom of what sells on social networks, Kabam has gone after males with core strategy titles. One game company that has successfully avoided the me-too, casual game approach on Facebook is Kabam. ![]()
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