Company:
Flow State Media

Founders:
Kahn Jerkal

Site:

Foundation:

Country:
EUA

Location:
California, São Francisco

Sector:

Business Model:
Media

Investment Year:
2014

Portfolio:
Iporanga Early Stage I

Status:
Write Off

General Partner:
Guilherme Assis

About

Flow State Media idea was to become an online casino platform in the US. Due to a hostile legislation the project did not evolve as a Casino platform and they pivoted to social gaming with a game called “Letter-Up”.

The idea of this investment was to understand better the gaming industry with people that had experience with it. We learned a great deal with the founders, but unfortunately the games they launched never got the traction needed for the business to become relevant.

Team

Founders were trained at MIT and later worked at Zynga.