Blue Frog Gaming

-13%

est. 2Y upside i

Series A

Rank

#2632

Sector

Gaming

Est. Liquidity

~5Y

Data Quality

Data: Low

Blue Frog Gaming is a micro-cap gaming company with stagnant revenue and a severe preference stack.

Last updated: July 3, 2026

Bull (10%)+101%

If Blue Frog attracts a larger gaming company acquisition at a 6x multiple, exit value reaches $4.6M, yielding 101% upside on total valuation.

Base (50%)+34%

At a 4x multiple, exit value of $3.1M gives 34% upside on total valuation, but common stock sees higher relative upside due to low base.

Bear (40%)-100%

Exit below $1.72M means preference absorbs all proceeds, leaving common stock worthless (-100% return).

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

7480%

Total funding of $1.72M represents 74.8% of the $2.3M valuation, giving preferred a 1x liquidation preference that absorbs most exit proceeds.

Dilution Risk

low

No likely raise within 2 years due to company age and lack of growth; dilution assumed 0%.

Secondary Liquidity

none

No secondary market indicated.

Questions to Ask at the Interview

Strategic questions based on Blue Frog Gaming's data — designed to show you've done your homework.

1
“How would you grow revenue in a market dominated by large incumbents?”
2
“What is the customer acquisition cost and lifetime value?”
3
“Given the high preference stack and low valuation, how do you think about the equity upside?”

Our model estimates -13% 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.