Skillz was named to Inc. Magazine’s Private Titans of 2020 list. This list ranks the leading competitive mobile games platform, ranking the top 1,000 most inspiring and dynamic private companies in the United States. Among other prominent private innovators and disruptors such as Airbnb, DoorDash, Snowflake, Unity, Epic Games, and SpaceX, Skillz was named in the list.
1.Private Titans List
Inc. Magazine developed the Private Titans list in partnership with PrivCo, which has been able to develop an extensive database of companies that are privately owned. The Inc. Magazine’s Private Titans list was developed using financial modeling and other methodologies to analyze company performances. This analysis helps to generate qualitative insights and investment guidance that determine listings.
The 1,000 private companies listed on the Private Titans list were then judged using a weighted score based on the following measures sales and employee growth, ability to raise capital, balance sheet strength, and valuation.
Inc. is an American magazine based in New York City. It is a magazine company that publishes about eight print issues yearly with the inclusion of other daily articles and videos. Inc. magazine, which is owned by Mansueto Venturess LLC, are the winners of the National Magazine Award for General Excellence in 2012 and 2014 as well as the Advertising Age’s “The A-list” in 2015.
Additionally, the magazine has a total monthly audience of over 25,000,000, which is a significant growth from 2,000,000 it had in 2010.
Skillz is a privately-owned mobile games platform that is known for connecting players around the world using fun, fair, and meaningful gaming competition. Skills serve as a marketplace for developers with the aid of social competition in their games to build multi-million-dollar companies.
Also, Skillz has been able to host billions of Casual esports tournaments for about 30 million mobile games players around the world by leveraging their patented technology. Plus, the company has its headquarters in San Francisco, and they are being backed by media companies, venture capitalist and professional sports leagues and franchises.
Due to their fast growth, Skillz has been able to earn the recognition as one of Fast Company’s Most Innovative Companies, Forbes’ Next Billion-Dollar Startups, #1 fastest-growing company in America on the Inc. 5000 as well as CNBC’s Disruptor 50.
The founder and CEO of Skillz, Andrew Paradise, made a statement after being named in the Private Titans of 2020 list. He said how the company is honored to be named to Inc. Magazine’s Private Titans list. Also, he went ahead to stay connected to friends, families, and communities is more important today than ever. Plus, they remain committed to using fair, fun, and meaningful competition to connect players all around the world.