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How Niantic’s $20m October 2015 round was probably split

Oct 2015

EstimateAn inference from filed numbers and a press release; plausible, not proven.

What this is

How Niantic’s $20m October 2015 round was probably split: three equal tickets of about $6.67m, one of them shared between The Pokémon Company and its US arm.

How it’s built

  1. $20,000,001 is exactly three times $6,666,667.
  2. The filing counts four investors, while Niantic’s Japanese release names four entities in three groups: the Tokyo company and its US arm, Google, and Nintendo.

What we assumed

  • The amount ending in $1 reflects three equal thirds.A Spanish tech site separately reported three companies at $6.66m each.
  • The fourth investor is the US arm, not an unnamed small investor.That fits both the count and Niantic’s wording; an unnamed fourth would break the equal thirds.

Sanity check

No filing names the holders, so the split is inference. It does not show the proportions within the Pokémon ticket.

Where it comes from

Our calculation from other figures in the trainer’s notes:

Show the working
  • Amount sold: 20,000,001
  • Three equal tickets: 3 × $6,666,667 = $20,000,001 exactly
  • Investors: 4
  1. 6,666,667 × 3 = 20,000,001
  2. totalNumberAlreadyInvested 4

Where it’s used

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