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112. Diversity: A Strategic Investment Approach at 1Up Ventures

112. Diversity: A Strategic Investment Approach at 1Up Ventures

FromRise and Play Podcast


112. Diversity: A Strategic Investment Approach at 1Up Ventures

FromRise and Play Podcast

ratings:
Length:
41 minutes
Released:
Feb 13, 2024
Format:
Podcast episode

Description

As the gaming industry is maturing, we become aware of the importance of diversity in audience, teams, and leadership. But what about the investment side?
In this episode, we interview Kelly Wallick, the former founder of Indie Megabooth and now a partner at 1Up Ventures, founded in 2019 by Ed Fries (Former Microsoft Vice President). Their mission is to build a diverse and inclusive community of the most talented, experienced, and creative independent game developers in the world. Their portfolio includes noteworthy emerging studios such as Lightforge Games, Superbloom, and Gardens.
We discuss the importance of diversity in the gaming industry, how a team that reflects its audience increases the potential for success, and the role of founders' community building in nurturing success.
Wallick shares her gaming journey leading her to the investment side, the vision for 1Up Venture, and the unique community-centered approach they bring to venture capitalism.

02:19 Kelly's Journey into the Gaming Industry
04:37 The Birth and Growth of Indie Megabooth
06:42 Transitioning to 1Up Venture
10:30 Investment Decision-Making at 1Up
20:45 Betting on Diverse Teams
21:27 Investment Structure and Strategy
22:14 Building a Founders Community within the Gaming Industry
27:16 Challenges and Successes in Community Building from a Venture Side
39:31 How to connect with 1Up

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Released:
Feb 13, 2024
Format:
Podcast episode

Titles in the series (100)

At Rise and Play, we give voice to leaders, entrepreneurs, educators and influencers of the game industry who are here to make a change. We love games and want to make this industry last through healthy team cultures, awareness and education. Each episode will tackle a wide range of important topics such as leadership, team culture, self-management, conscious leadership, work-life balance, game education, ethics in business, equality, diversity and inclusion... brought by the different perspectives of our guests.