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The success of the game has become four times more valuable in one year.
The Kahoot game-based learning platform! was traded on Merkur Market on the Oslo Stock Exchange and since then the arrows only point up to the success of the game.
On Tuesday it was announced that super investor Softbank will enter Kahoot! with an investment of two billion crowns. This means that the shares of current shareholders will be diluted, but it has nevertheless caused almost euphoria in the stock market and the company is up 12 percent on this day.
20 times they return
This means that the company, which was worth NOK 5 billion a year ago, has now more than quadrupled in value.
Also read: Bill Gates says that Sweden can show the way out of the crown crisis
In other words, it means a billion profit for Kahoot! There are many famous inventors.
The biggest is Jan Haudemann-Andersen, who until Softbank’s entry, is the company’s largest shareholder. Its 13 percent ownership stake through investment company Datum is now worth just over NOK 2.9 billion. Even more impressive is that Haudeman-Andersen’s investment was probably only NOK 145 million, as he joined the company long before it was listed on the stock exchange.
That is, you have earned 2,750 million crowns with your investment and you have multiplied your investment by 20.
Read also: Elon Musk and Bill Gates fight electrically: – He has no idea
Bill gates
Another great investor who has made a lot of money with Kahoot! is Jan Petter Collier, who is 1.1 percent through the Sanden family business. In 2019 it generated a record profit for the founder of ABG Sundal Collier.
But large international investors also jumped into the Norwegian apps company, including Microsoft, where Bill Gates remains a major shareholder. Microsoft joined the company in 2016 with a small change for Microsoft. They’ve had an equally great financial journey like Haudeman-Andersen, who joined even earlier, and now owns NOK 1.1 billion worth of stock.
Seven years old
Norway’s gaming app has become a huge hit with over 1 billion users around the world. It is especially popular in schools, including the United States, and has a total of 270,000 paying subscribers. The rise of the stock market over the past year is that the gaming company has really gained momentum in its revenue, even though the game is basically free. Revenue, which comes from both advertising and subscriptions, has nearly doubled in a year and a half.
Also read: Extreme growth for Kahoot! – 1.2 billion users
The mobile app was launched in Norway in August 2013 and can be used as a learning aid to assess how far each student has come in their learning goals.
Kahoot! It can also be used to see in which areas the student will benefit the most from individual instruction.
But the most experienced users integrate Kahoot! in teaching new subjects. Kahoot! can be used to expand knowledge, repeat knowledge before exams, play against classrooms around the world, research opinions and gather knowledge
Social learning
Kahoot! is designed for social learning, where students must gather around a common screen. In a typical classroom setting, a tablet, interactive whiteboard, or computer screen will be used. .
When a Kahoot! is released, according to Wikipedia, it will have its own unique PIN number that the system generates randomly. Any device with a browser can be used.
Participants must first search for the website where participation in the questionnaire is registered. They then enter the unique PIN code for the questionnaire that has been set up and then their own nickname,
The game takes place by displaying the questions and up to four answer options on the main screen. The answer options have different colors and shapes.
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