In this episode of Business Insider's Run, we're going to look at how to make an app that's not only great for running, but also great for money.In the podcast, we talk to running coach and founder of Run-Run Run-Go, Matt Lough.In this edition, Matt talks about the lessons he learned while running the first 6,000 miles of the Ironman triathlon, what it's like to run a marathon, and the biggest cha...
The company that’s made some of the most popular video games on the planet will be making some pretty big bucks.
At a press conference Tuesday, the company announced that it plans to raise about $1 billion in venture capital over the next two years.
The announcement comes just two weeks after the company revealed that it had signed a deal with a large tech company to make more than 1,000 of its popular virtual reality games.
The deal is valued at about $300 million.
The deal also means that Axios will get a significant boost in earnings in the years ahead.
The company said in a statement that its virtual reality revenue could reach $2 billion in 2020 and $5 billion in 2021, as well as in the next three years.