Jim Ying

Managing Director & Founder, Mihada Capital

[Jim Ying @yingerz]

@TheJackBladeFN @immaturegamer Technical definition aside, Epic 'can' arbitrarily adjust the payout, but if they are acting as a rational platform that wants to attract developers and larger studios, they will tend to adjust in a manner that improves developer payouts, especially given Roblox is out there.

[Jim Ying @yingerz]

@TheJackBladeFN @immaturegamer Ultimately it's up to how the lender evaluates whether it's a receivable or not, but I would define it as a receivable in the period of time between when Epic discloses the creator's payout and when it hits the bank account.

[Jim Ying @yingerz]

@TheJackBladeFN @immaturegamer Secured loans on receivables or deposits, but they'd have to get comfortable with the historical revenue and future stability by analyzing metrics. Most lenders won't have the industry know-how to assess that risk but there's a growing pool of lenders who do or are trying

[Jim Ying @yingerz]

@TheJackBladeFN @immaturegamer It gets captured in a lower EBITDA multiple for valuation compared to a mobile or console/pc game where there is less platform risk

[Jim Ying @yingerz]

@TheJackBladeFN @immaturegamer You can collateralize the cashflow stream of a game to secure acquisition financing (easily up to 1x EBITDA), but that decision is made by the lender who will make their own assessment and not based on a third party valuation.

[Jim Ying @yingerz]

@TheJackBladeFN @immaturegamer Third party valuation of IP assets is useless in gaming. I can find and pay someone to tell me anything.

[Jim Ying @yingerz]

With Mihada, I bring 10+ years of operational experience across PC, console, social, and mobile games—staying personally involved in every deal.

📬 [email protected]
🌐 https://t.co/1tVGTNbSnN

[Jim Ying @yingerz]

Been a while since I’ve posted here — I announced this on LinkedIn a while back but realized I never shared it on X.

🚀 Excited to launch Mihada Capital, a boutique advisory firm focused on M&A and capital raising across gaming and digital media.

[Jim Ying @yingerz]

Select highlights include:
• Nazara × Curve Games
• Housemarque × Sony
• AppyNation × Miniclip
• Skybound × Com2us
• Aarki × Skillz
• Gaea × Embracer
• Other Ocean × bilibili
• Secret 6 × Catalis
• ZPLAY × Streamplay (ASX:SP8)

…plus several unannounced transactions.

[Jim Ying @yingerz]

I’m proud to introduce Mihada Capital — a boutique advisory firm spun out from CVCapital, focused on M&A and capital raising in gaming and digital media.

Over the past several years, I’ve advised founders and investors on strategic sales, equity financings, and debt raises.

[Jim Ying @yingerz]

Catching up on some recent deal announcements — kicking things off with this one 👇

🎮 Advised Azerion on the €55 M (+ €10 M earn-out) sale of WHOW Games to DoubleU Games, among the first under Mihada Capital.

[Jim Ying @yingerz]

Transactions managed include Housemarque × Sony, Nazara × Curve Games, and Aarki × Skillz.

More at https://t.co/1tVGTNbSnN
Full post → https://t.co/d4gYLZ22ao

#Gaming #M&A #MihadaCapital

[Jim Ying @yingerz]

SONY INTERACTIVE ENTERTAINMENT ACQUIRES HOUSEMARQUE, DEVELOPER OF RECENT PLAYSTATION®5 HIT RETURNAL https://t.co/0I9iyYjCup via @LinkedIn

[Jim Ying @yingerz]

Miniclip acquires leading UK studio, Supersonic Software Ltd and its subsidiary AppyNation Ltd https://t.co/HUpuhJMoAG via @LinkedIn

[Jim Ying @yingerz]

CV Capital Advises Skybound Entertainment on its new funding round by Com2us, C-Ventures and Third Wave Digital https://t.co/2Rf6PMc4Ym via @LinkedIn

[Jim Ying @yingerz]

Time to sign up for GamesBeat Summit!
https://t.co/br1nhTZhoC

Use this code to get a discount AND win me a lunch with Dean!
GBS19JYING https://t.co/cB8u5oWesQ

[Jim Ying @yingerz]

Congrats to Behaviour and GAEA on their strategic partnership! Glad to share that CVCapital acted as financial advisor to Behaviour on the transaction #gaming #investments https://t.co/quBPvWbBPT

[Jim Ying @yingerz]

I'm headed to Helsinki next week for Slush. I hear it's a pretty unique conference. Who's going?