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Fort Worth Trying to Entice Video Game “Startup”
Although it’s a startup, its chief executive brings an impressive track record to the table. The City of Fort Worth wants to offer over a million dollars to a new video game company in incentives to lure it from Bellevue, Washington (picture) and create a new office in Fort Worth.
ProbablyMonsters is a video game company founded by Harold Ryan, former president and CEO of Bungie. Bungie is the developer of Destiny, Halo, Myth, Oni, and Marathon; all extremely popular games. So popular, in fact, that the new company raised $250 million in Series A funding. Jerry Jones, owner and president of the Dallas Cowboys, led ProbablyMonsters’ $18.8 million seed round funding.
The agreement would require ProbablyMonsters to bring 300 jobs with an average salary of $75,000 in five years. The agreement would also require 30% of hires to be from Fort Worth. ProbablyMonsters would also have to lease a minimum of 30,000 square feet of space by the end of 2024.
- ◦Lease
