Akin Babayigit: How Tripledot Studios Became #1 Fastest-Growing Company in Europe | E1030

Akin Babayigit: How Tripledot Studios Became #1 Fastest-Growing Company in Europe | E1030

The Twenty Minute VCJun 26, 20231h 52m

Akin Babayigit (guest), Harry Stebbings (host), Narrator

Akin’s personal and career journey: Turkey, US education, consulting, tech, and gamingLessons from Skype, Facebook, and King: prioritization, stoicism, and executionBuilding Tripledot Studios and co-founder dynamicsDebunking common startup mantras (passion, focus, mission, solving “real problems”)Hiring philosophy: hunger vs. domain expertise and cultural fitThe true nature and scale of the gaming industry and mobile game economicsFounder–VC relationship dynamics, valuation myths, and misaligned incentives

In this episode of The Twenty Minute VC, featuring Akin Babayigit and Harry Stebbings, Akin Babayigit: How Tripledot Studios Became #1 Fastest-Growing Company in Europe | E1030 explores tripledot’s Rise: Debunking Startup Myths and Redefining Gaming Scale Akin Babayigit, co-founder of Tripledot Studios, traces his journey from Turkish math prodigy to McKinsey, the UN, Skype, Facebook, King, and ultimately building Europe’s fastest-growing company. He explains how experiences at Skype and Facebook shaped his ruthless focus on prioritization, data, and calm execution under pressure. Throughout, he systematically dismantles popular “startup porn” mantras about passion, focus, mission statements, and valuation, arguing instead for hunger, execution, iteration, and honest motivations like money and winning. He also reveals how mobile gaming is far larger and more data-driven than most realize, how Tripledot structures culture and hiring, and why founder–VC relationships are often misaligned.

Tripledot’s Rise: Debunking Startup Myths and Redefining Gaming Scale

Akin Babayigit, co-founder of Tripledot Studios, traces his journey from Turkish math prodigy to McKinsey, the UN, Skype, Facebook, King, and ultimately building Europe’s fastest-growing company. He explains how experiences at Skype and Facebook shaped his ruthless focus on prioritization, data, and calm execution under pressure. Throughout, he systematically dismantles popular “startup porn” mantras about passion, focus, mission statements, and valuation, arguing instead for hunger, execution, iteration, and honest motivations like money and winning. He also reveals how mobile gaming is far larger and more data-driven than most realize, how Tripledot structures culture and hiring, and why founder–VC relationships are often misaligned.

Key Takeaways

You don’t need to love the domain; you must love winning.

Babayigit argues that being obsessed with the industry (e. ...

Get the full analysis with uListen AI

Speed matters, but blind speed kills; judgment on when to slow down is critical.

He agrees rapid iteration is vital pre–product-market fit, but warns that the “speed above all” mantra can send startups flying off the road at critical inflection points. ...

Get the full analysis with uListen AI

Solving a ‘real problem’ is optional; iterating into value is not.

Tripledot started with a Solitaire app—hardly an obvious “problem”—yet built a major business through relentless execution and iteration. ...

Get the full analysis with uListen AI

Mission and vision statements often ring hollow; honest, simple goals work better.

Babayigit criticizes vague, lofty corporate missions (“elevate the world’s consciousness”) that don’t reflect why people actually show up. ...

Get the full analysis with uListen AI

Hire for hunger and bias to act, then teach the skills.

Across functions like marketing, Tripledot prioritizes candidates with grit, insecurity-fueled drive, and a willingness to “ask forgiveness, not permission” over deep domain backgrounds. ...

Get the full analysis with uListen AI

Valuations are FOMO indicators, not real wealth; they can be dangerous.

He cautions founders against equating a paper valuation with personal riches or success; preference stacks, down rounds, and employee option loans can erase value quickly. ...

Get the full analysis with uListen AI

Mobile gaming is a massive, misunderstood, and deeply data-driven industry.

Gaming’s true economic footprint far exceeds widely quoted figures and includes segments like Pachinko and gaming ad tech that are often excluded. ...

Get the full analysis with uListen AI

Notable Quotes

You have to be passionate about winning; the domain is a luxury.

Akin Babayigit

Things are never as bad as they seem and never as good as they seem.

Mark Zuckerberg (as recalled by Akin Babayigit)

Your life doesn’t have to suck when you start a company.

Akin Babayigit

Mission statements like ‘elevate the world’s consciousness’ don’t reflect why anyone comes to work.

Akin Babayigit

If you knew how little people talked about you, you wouldn’t care about most things.

Akin Babayigit

Questions Answered in This Episode

How should an early-stage founder decide when to pivot versus persist if they’re not clearly ‘solving a real problem’ yet?

Akin Babayigit, co-founder of Tripledot Studios, traces his journey from Turkish math prodigy to McKinsey, the UN, Skype, Facebook, King, and ultimately building Europe’s fastest-growing company. ...

Get the full analysis with uListen AI

What practical steps can companies take to reliably screen for ‘hunger’ and bias for action in hiring, beyond resume and pedigree?

Get the full analysis with uListen AI

How can founders avoid the psychological trap of inflated valuations while still leveraging strong market interest in fundraising?

Get the full analysis with uListen AI

In what specific ways could AI most meaningfully change game design, live ops, and marketing over the next five years?

Get the full analysis with uListen AI

Given the misalignments Akin describes, what would an ideal, truly founder-aligned venture model look like in practice?

Get the full analysis with uListen AI

Transcript Preview

Akin Babayigit

I mean, the size is just comical. I mean, like, you know, there's a lot of things you listen to around saying, like, gaming is bigger than movies and films combined, right? That's a very real thing. But even then, you know, people misunderstand how big gaming is.

Harry Stebbings

(instrumental music) Ekin, I am so excited for this, my friend. We've known each other for a while. I'm so thrilled that you took the time to join me, so thank you so much.

Akin Babayigit

Man, it's such a privilege. It's an honor. I do have to say, you know, first of all, on a personal level, I really love you. Really. On a professional level, I think most people don't know, but, uh, we have an amazing professional relationship. You're an investor in our business as well. And we'll talk about kind of startup advice and all of that, but most people don't know you're actually a media entrepreneur, not just any VC. For me, it's such an amazing privilege to be here. You're one of the very few people I tell my kids about at dinner table. I say, "You know, Uncle Harry did this." You know, "I want you to do this like Uncle Harry when they were ..." And it's not me blowing smoke up your ass. This is really legitimate, and I'm really, really happy to be here.

Harry Stebbings

I mean, poor kids. Uh, one-

Akin Babayigit

(laughs)

Harry Stebbings

... (laughs) and then that, and that will lead to Wandsworth Prison. Uh, but, uh, no, it's funny. I always say when I think about you and Leo, uh, these are the founders where whatever they were doing, it could be selling kitchen knives, you just wanna give them all of your money. (laughs)

Akin Babayigit

(laughs)

Harry Stebbings

But no, I was, uh, talking to JZ before the show and he gave me this very apt description of Turkish Muslim-

Akin Babayigit

(laughs)

Harry Stebbings

... sent by your mother, not by the government.

Akin Babayigit

Yes.

Harry Stebbings

Yale HBS. Give me the snapshot. Like, how did that happen?

Akin Babayigit

Sure. So, um, I grew up in Turkey, uh, until I was 16, and I was this mega nerd. I was in, like, the math Olympiad team, and I was just, I was one of those people that, um, I was social, but I wasn't, um, you know, externally facing, externally friendly. My mother, um, came in one day, and my mother is not for the faint of heart, and she said, "I decided to put you on a exam for the Rotary Club to go to the US." And I protested and I said, "I don't want to. I'm happy here in Turkey." And, and she came and she said, "Fine, you can be a garbageman then." And that was the end of discussion. So next thing I knew, I was in a exam room, uh, with the Rotary Club. I went to the US, into Wisconsin. And you took a math nerd from Turkey, put them in Tomah, Wisconsin, uh, where not only people did not see anybody from anywhere else, people never saw anyone with dark hair.

Install uListen to search the full transcript and get AI-powered insights

Get Full Transcript

Get more from every podcast

AI summaries, searchable transcripts, and fact-checking. Free forever.

Add to Chrome