Microsoft's Candy Crush: Madrona's Hope Cochran, former King CFO, on the $68.7B Activision deal
Hope Cochran, managing director at venture capital firm Madrona Venture Group in Seattle, was previously the chief financial officer of King Digital, the maker of Candy Crush and other hit mobile games. She led King through its initial public offering in 2014, and its $5.9 billion acquisition in early 2016 by Activision Blizzard. That gives her a unique perspective on Microsoft's deal this week to acquire video-game giant Activision Blizzard for $68.7 billion. We also talk about Cochran's career, including her past role as the chief financial officer of Clearwire leading up to its $15 billion acquisition by Sprint; and her current role at Madrona investing in fintech and gaming companies, including Seattle-based VR gaming company Rec Room, where she's a board member. We also discuss her leadership role in the Onboarding Women group created by Madrona and several other Seattle-area businesses to increase the percentage of women on public company boards. Cochran herself is on the boards of public companies Hasbro MongoDB and NewRelic. Cochran majored in economics and music at Stanford, and she gave a fun and inspiring answer when asked to name the song that best represents her as an investor. Listen to the end of the show for that. More: Hope Cochran on The Room podcast and Madrona's Founded and Funded podcast. Editing and production by Curt Milton; Theme music by Daniel L.K. Caldwell. See omnystudio.com/listener for privacy information.