BIT ODD
-38%
est. 2Y upside i
Rank
#3086
Sector
Mobile Gaming
Est. Liquidity
~3Y
Data Quality
Data: LowGiven missing valuation and revenue data, the equity's expected return is highly uncertain.
Last updated: August 2, 2026
If BIT ODD ships a breakout hit reaching $50M ARR by 2028, the exit valuation could be ~$300M at a 6x revenue multiple, yielding +184% net of 20% dilution. This assumes category leadership and a strong IP portfolio.
With modest traction, revenue might reach $8M and a 4x multiple implies a $32M valuation, below the entry mark of $91M. After 20% dilution, that's a ~-52% return, reflecting the stretched entry valuation.
If the game fails to gain traction amid intense incumbents, exit value falls below the $23.5M total funding. With 1x liquidation preference, common stock is worthless, a -100% return.
Preference Stack Risk
highFunding Intensity
26%$23.5M of preferred liquidation preference exceeds 25% of the estimated $91M entry valuation, meaning common holders are last in line.
Dilution Risk
highWith ~$23.5M raised and no profitability, a follow-on round within 24 months is likely, potentially diluting current holders by 15-25%.
Secondary Liquidity
noneNo secondary transactions reported; liquidity likely only through acquisition or IPO.
Questions to Ask at the Interview
Strategic questions based on BIT ODD's data — designed to show you've done your homework.
- 1
“What is the current monthly recurring revenue and burn rate?”
- 2
“How many games are in development, and what is the expected launch timeline?”
- 3
“What is the preferred equity structure and how would a down round affect option strike prices?”
Community
Valuation Sentiment
Our model estimates -38% upside. What do you think?
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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.