Max Postnikov, executive producer of Nexters, spoke at the WN Conference. He shared business tips for beginners in game development and explained why it is not always necessary to chase investments.

Yesterday on App2Top.ru There was a live broadcast with Nexters co-founder Boris Herzovsky and Nexters Boost executive producer Max Postnikov. We talked about their new investment program, what selection criteria it has and how much money developers can get. We also discussed the situation on the gaming market in Russia and the CIS. We share a recording of the broadcast and an excerpt from it.

There is one more investment project on the market. Nexters announced the launch of Boost. The company calls the initiative “a program to search for future blockbusters in the early stages.” Within its framework, the developer is ready to invest in external teams. We are talking about amounts from $ 500 thousand to $ 2.5 million.

Nexters has shared its financial results for the first time since going public. In the first half of 2021, it increased revenue by more than half. But at the same time, Nexters’ losses also increased — by eight times at once.

Today Nexters goes on the Nasdaq exchange. A gaming company with Russian roots has completed a merger with the SPACE firm Kismet Acquisition One (Kismet). Its shares under the tickers GDEV and GDEVW will be available to buy from the moment the exchange opens at 16:30 Moscow time.

Nexters has become one step closer to entering the stock exchange. A gaming company with Russian roots has reported attracting investments worth $50 million. This makes it possible to talk about the closure of the SPAC deal already in the third quarter.PIPE investments were received from a fund from Abu Dhabi Mubadala Investment Company and VPE Capital.

A gaming company with Russian roots Nexters reported for the first quarter of 2021. It turned out to be so good that the company revised its forecast for the whole year and raised its expected financial indicators.

Today it is difficult to satisfy the personnel hunger of domestic gaming companies. Their global success requires significant scaling, which is impossible if only specialists from game dev are involved.

Nexters, a publisher and developer of mobile games based in Russia, becomes a public company. It enters the market not through an IPO, but through a merger with the SPAC firm Kismet Acquisition One. After the transaction is completed in the second quarter of 2021, Nexters shares will be traded on the Nasdaq exchange.

By the end of 2020, Nexters’ total earnings will reach $400 million, and the company’s value has already approached the billion dollar mark,” Forbes Russia writes.

We continue to summarize the results of 2019 together with the heads of gaming companies and market experts. Next up is an interview with Anton Reinhold, Director of Business Development at Nexters Global.

For the second time in five years, the Russian box office top at the end of the month was headed by a game whose team was founded by immigrants from Russia. “Chronicles of Chaos” from Nexters outperformed all competitors, earning $2.7 million on the local market.

Over the year, the mobile revenues of Nexters, a company founded by immigrants from Russia, have grown more than tenfold. If in October 2018 she earned a little more than $ 700 thousand, then in October 2019 the company has already generated $ 10 million.