Bobby Kotick’s trajectory as a young tech entrepreneur in the 1980s was shaped by remarkable encounters with two future billionaires: Apple co-founder Steve Jobs and casino magnate Steve Wynn.
During a trip to Michigan in the early 80s, Jobs met Kotick and successfully persuaded him to drop out of university to run his software company full time. And after a chance meeting in Texas in 1983, Wynn became a backer of Kotick’s ventures — including the $500,000 he and his partners invested in 1990 on a near-bankrupt video gaming company.
Thirty-two years later, Kotick has agreed to sell that company, Activision, to Microsoft for $75bn in an all-cash deal that is set to reshape the landscape of the gaming industry.