Talk:Genies, Inc.

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Suggesting Title change

Because of the structure of the company and how its identified in the public domain, I suggest changing the title from "Genies, Inc" to simply "Genies" SamuelMoralez (talk) — Preceding undated comment added 18:47, 1 April 2021 (UTC)

Updating 2 Numbers

Hello editors! Genies has hired me to update its Wikipedia page. I'd like to start with two numbers. What do you think?

1. Valuation

The “funding” section says that Genies is “valued at over $100 million.” The source for this claim is an article from 2017. We’d like to update the number to $1 billion.

The source for $1B is a New York Times article from 2022, which says, “The investment values Genies at $1 billion” (“Private equity jumps into the metaverse with an investment in a $1 billion avatar company”).

2. Funds Raised

The “funding” section says that Genies “has raised $40 million.” The source for this claim is an article from 2019. We’d like to update the number to $250 million. Here’s the math:

In 2019, Genies’ total funding was $40M (see “Billionaires Jim Breyer and Thomas Tull Lead $15 Million Bet That Genies’ Avatars Will Be Next Big Thing In Social,” Forbes).

In 2021, Genies raised another $65M (see “Avatar startup Genies scores $65 million in funding round led by Mary Meeker’s Bond,” TechCrunch).

In 2022, Genies raised another $150M (see “Genies raises $150M at over $1B valuation for metaverse avatars,” VentureBeat).

$40M + $65M + $150M = $255M.

Thank you.

Signed,
BlueRoses13 (talk) 03:24, 5 March 2024 (UTC)

 Done ARandomName123 (talk)^{Ping me!} 02:16, 31 March 2024 (UTC)

Thank you very much! Signed, BlueRoses13 (talk) 10:58, 31 March 2024 (UTC)

4 Tweaks

Hello again editors! I’m back with 4 more tweaks. I’m tagging @ARandomName123, since they addressed our first 2 requests a few weeks ago. Thanks so much for your consideration. Signed, BlueRoses13 (talk) 03:45, 16 April 2024 (UTC)

@BlueRoses13: Hi, I'll take a look at this edit request later, but for future reference, your tag didn't work. The @ shouldn't be included within the square brackets, so a proper ping would look like @[[User:ARandomName123|ARandomName123]]. Please see here for more info. ARandomName123 (talk)^{Ping me!} 14:31, 16 April 2024 (UTC)

Thanks so much, @ARandomName123! I've always wondered about this one, and so I'm most grateful for your guidance. All the best, BlueRoses13 (talk) 11:31, 18 April 2024 (UTC)

1. Image

We’d like to replace the existing image — which is an outdated promotional pic — with Genies’s logo.

Genies has uploaded the logo to Wikimedia and agreed to publish it under the “CC BY-SA 3.0 Deed | Attribution-ShareAlike 3.0 Unported” license.

2. Funders

The “funding” section currently says this:

The company has raised $250 million in funding from Silicon Valley venture capitalists such as Jim Breyer and NEA. In addition to traditional VC firms.

There are several issues here:

1. These two sentences should be one.

2. It’s not Jim Breyer per se but Breyer Capital.

3. Can we change “and NEA. In addition to traditional VC firms” to Mary Meeker’s BOND and Bob Iger? The latter two have their own Wikipedia pages.

Here’s a revised sentence, with footnotes:

The company has raised $40 million in funding from Silicon Valley venture capitalists such as Breyer Capital,
Bond Capital, and Bob Iger.

3. Adoption

According to Bloomberg, “Genies Inc. is one of those tech startups that looks to athletes and celebrities for some additional endorsement buzz” (“Genies Uses Famous Athletes, and Their Money, to Take On Bitmoji,” 2018).

TechCrunch concurs: “Genies, known for high-profile partnerships with celebrities” (“Star-studded digital avatar startup Genies launches NFT fashion marketplace,” 2022).

Is it therefore worth creating a section, perhaps called “Adoption,” so that readers know how Genies are used in popular culture? Here’s a sample sentence, with footnotes:

Genies have been adopted by celebrities such as Justin Bieber, Russell Westbrook, and Shawn Mendes.

4. Development Kit

Can we add the following sentence at the end of the “history” section?

In 2023, Genies created a software development kit aimed at gamers.

There are two sources for this claim:

1. VentureBeat: “Genies recently introduced its developer kit, allowing college developers to create their own mini games” (“Genies adds AI to its personalized avatars for celebrities,” 2023).

2. TechCrunch: “The startup [Genies] introduced its developer kit in May, which gives select developers access to Genies’ full tech stack, allowing them to launch mini-apps, customize avatars to fit their aesthetic and create experiences from mini-games to virtual ‘social worlds,’ according to the company” (“Avatar startup Genies launches $1M fund for developers building AR experiences,” 2023).

References

BlueRoses13 (talk) 03:45, 16 April 2024 (UTC)

@BlueRoses13:

1.  Done

2. Any reason the value is changed from $250 mil to $40 mil?

3.  Done, but not an entire section. I've left it in the history section for now.

4.  Done.

Please ping me or reopen this edit request if you have further comments. Thanks. ARandomName123 (talk)^{Ping me!} 19:58, 17 April 2024 (UTC)

Hi @ARandomName123, Thanks so much for your speedy review. With respect to #2, I made a silly mistake — the correct valuation is $250M, which I should know since I just asked for this number to be updated! I'm so sorry for the confusion. Would you like me to reopen the request? Thanks again. Signed, BlueRoses13 (talk) 11:30, 18 April 2024 (UTC)

@BlueRoses13: Hi, the source you provided for Breyer Capital doesn't seem to mention it. Please ping me on reply. Thanks, ARandomName123 (talk)^{Ping me!} 13:06, 18 April 2024 (UTC)

Hi @ARandomName123,

My sincere apologies! Here's the correct source, which says this:

"The company [Genies] announced today that they’ve closed a $65 million Series B led by Mary Meeker’s firm Bond. NEA, Breyer Capital, Tull Investment Group, NetEase, Dapper Labs and Coinbase Ventures also participated in the deal."

Does this work? If so, here's a revised sentence:

➡️ The company has raised $250 million in funding from Silicon Valley venture capitalists such as Breyer Capital, Bond Capital, and Bob Iger.

Again, I'm sorry for the error. Thanks for your keen eye!

Signed,

BlueRoses13 (talk) 14:52, 18 April 2024 (UTC) BlueRoses13 (talk) 14:52, 18 April 2024 (UTC)

 Done ARandomName123 (talk)^{Ping me!} 00:41, 19 April 2024 (UTC)

Thanks so much! Signed, BlueRoses13 (talk) 10:44, 19 April 2024 (UTC)

References