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Acquired

Episode 4: Bungie (with Xbox Co-Founder Ed Fries)

Acquired

Ben Gilbert and David Rosenthal

Venturecapital, Ma, Investing, Acquisitions, Startups, Vc, Investment, Business, Technology

4.82.9K Ratings

🗓️ 30 November 2015

⏱️ 67 minutes

🧾️ Download transcript

Summary

Ben and David are joined by Former Microsoft VP and Co-Founder of Xbox, Ed Fries, to discuss the Bungie acquisition and the development of Halo. Highlights include:

  • Ed’s call with Steve Jobs after the acquisition, and sharing the stage with Steve and Bungie Co-Founder Alex Seropian at the Macworld Keynote.
  • Bungie today, and the unlikely path to get there led by Harold Ryan.
  • How to find something that all parties want to get a deal done, the creation Peter Tamte’s spin-out Mac gaming studio, and orchestrating the division of current Bungie projects and assets with Take-Two, led by Ryan Brandt.
  • Saving a project that’s off schedule and missing the mark, and how Jason Jones led the effort to make Halo 2 a hit at launch.

Sponsors:
Vanta: https://bit.ly/acquiredvanta

Statsig: bit.ly/statsigacquired
Modern Treasury: https://bit.ly/acquiredmoderntreasury


Transcript

Click on a timestamp to play from that location

0:00.0

All right listeners, our sponsor is one of our favorite companies, Vanta, and we have something very new from them to share.

0:07.0

Of course, you know Vanta enables companies to generate more revenue by getting their compliance certifications.

0:12.8

That's SAC 2, ISO 2701.

0:15.7

But the thing that we want to share now

0:17.9

is Vanta has grown to become the best security compliance

0:21.4

platform as you hit hyper growth and scale into a larger enterprise.

0:26.9

It's kind of wild.

0:27.9

When we first started working with Vanta and met Christina, my gosh, I've had like a couple

0:31.6

hundred customers, maybe.

0:33.7

Now they've got 5,000, some of the largest companies out there, it's awesome.

0:38.3

Yeah, and they offer a tremendous amount of customization now for more complex security needs. So if you're a larger company and in the

0:45.2

past you showed Vanta to your compliance department you might have heard something like, oh well we've already got a compliance

0:50.4

process in place and we can't integrate this new thing.

0:53.0

But now, even if you already have a sock to,

0:56.0

Vanta makes maintaining your compliance even more efficient and robust.

1:00.0

They launched vendor risk management.

1:02.0

This allows your company to quickly understand the they launched vendor risk management.

1:02.6

This allows your company to quickly understand the security posture of the vendors

1:06.9

that you're choosing in a standardized way that cuts down on security review times.

1:11.3

This is great.

1:12.0

And then on the customization front they now also

1:14.4

enable custom frameworks built around your controls and policies. Of course that's

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