Maxim Krippa Investment Portfolio: What is the Market Value of the Collected Assets?

The name Maxim Krippa is increasingly appearing in media headlines, and his steps as an investor are being discussed more and more. Over the past few years, Maxim Krippa investment portfolio has been supplemented with new and interesting companies, and we decided to find out the approximate value of this portfolio.

Ukrainian investor Maxim Krippa is a non-public businessman; he does not give interviews or communicate with the press. But even if he were more communicative, he would hardly disclose the details of deals and amounts. Journalists and experts have to analyze average market indicators. In our analysis, we rely on the simplest and most popular method of valuing an investment portfolio — the Market Value method.

The methodology is based on taking into account the current market value of the assets in the portfolio and is considered one of the most effective as it reflects the real value of assets in real-time. The complete list of assets in Maxim Krippa investment portfolio is unknown; however, the key companies are named. These include the esports organization Natus Vincere, the GSC Game World studio, and the Maincast studio. Let's take a closer look at each asset and its possible market value today.

NAVI: 15 million USD

The esports organization NAVI is the most recognizable asset in Maxim Krippa portfolio. The organization was founded in 2009, but only in 2018, when NAVI faced financial difficulties, did Maxim Krippa start working with the asset. Initially, the investor acted as a majority owner, but then he decided to acquire the asset. It took several years to complete this step; the terms of the agreement are not disclosed, nor is the amount of the deal known. However, in 2022, Maxim Krippa became the beneficial owner of the company.

Since NAVI is a private company, it is impossible to find exact information about its market value in open sources. However, NAVI is considered one of the most successful esports organizations in the world and, accordingly, one of the most valuable. The asset may rise or fall in price depending on the success of esports teams and other market factors. On average, analysts believe that the current market value of NAVI is between 10 and 15 million USD.

GSC Game World: 300 million USD

The name GSC Game World studio may be less familiar to the general public than the NAVI brand, but its products, such as the S.T.A.L.K.E.R. and Cossacks series of games, are internationally recognized.

It is believed that the first investments in GSC Game World were made by Maxim Krippa in 2020, and then, as in the case of NAVI, he decided to become the sole owner of the company. It is not easy to determine the value of GSC Game World, as it depends on many factors: revenues from the sale of already created games, the value of the company's intellectual property, licenses, and other material assets, as well as the expected profitability of products under development, such as S.T.A.L.K.E.R. 2: Heart of Chornobyl, which is scheduled for release this year.

The approximate market value of GSC Game World, based on various factors, can range from 100 to 300 million USD. This wide range is due to the fact that the real value of the asset will depend on the success of new products.

Maincast: 10 million USD

The esports broadcasting studio Maincast is not fully owned by Maxim Krippa. It is known that the investor supported the company at the startup stage in 2018. Today, Maxim Krippa continues to work with the asset, but there is no information about plans for its complete acquisition by journalists. It is also unknown what share of the shares belongs to Maxim Krippa, approximately 25%.

The approximate market value of the Maincast company may range from 5 to 10 million USD. This estimate is based on revenues from esports event broadcasts, sponsorship contracts, partnership agreements, as well as the overall position in the esports market in Ukraine and beyond. Maincast is one of the leading esports studios in the region, and its value will depend on market share, success in organizing broadcasts and tournaments, as well as potential revenue growth in the future.

Final Calculations:

The three largest known assets of Maxim Krippa related to the esports and IT segments together have a market value in the range of 111.25 to 317.5 million USD. This approximate estimate allows us to state that in recent years, Maxim Krippa has strengthened his position and become one of the major investors in Ukraine.