Playtika CEO and co-founder Robert Antokol on its IPO
CNBC's "Squawk Alley" team is joined by Playtika CEO and co-founder Robert Antokol to discuss its IPO that's awaiting its first trade. It's the biggest IPO of 2021 so far.
Former CEO & Co-Founder, Playtika
Search every verified Robert Antokol interview, podcast appearance, and on-the-record quote โ each transcript cross-checked by AI and human review to confirm speaker identity. On January 15, 2021, Playtika CEO and co-founder Robert Antokol appeared on CNBC's "Squawk Alley" to discuss the company's IPO, which he described as a "big milestone for an Israeli company that was established 10 years ago to go public here in the U.S." Antokol stated that Playtika is "a cash flow positive company from day one" and characterized the company as "a little bit different than the other mobile companies," citing its technology and data-driven approach. He said that Playtika treats its games as platforms, noting that Slotomania receives "fresh content every week or every two weeks" and that nine of the top 100 games in the U.S. are Playtika games. Regarding platform risk, Antokol said that Apple and Google "were always an amazing partner of Playtika" and that running on their platforms "has never been a risk for us, it's always been an advantage." When asked about the Chinese consortium retaining voting power post-IPO, Antokol stated that Playtika is "an Israeli independent company" with management in Israel and that the company has had Israeli and U.S. investors, adding that "we have no issue with it."
“For us it's a big, big milestone for an Israeli company that was established 10 years ago to go public here in the U.S. โ it's great for us and for our employees.”
“We are growing โ we are a cash flow positive company from day one.”
“We look at our game as the platform โ we treat our games like they are here to stay; for example Slotomania is a platform getting fresh content every week or every two weeks.”
“We have unbelievable technology running with us from day one โ we are a technology company, we look at data; everything that we do, every new product, every move around games is based on data, not on a hunch.”
CNBC's "Squawk Alley" team is joined by Playtika CEO and co-founder Robert Antokol to discuss its IPO that's awaiting its first trade. It's the biggest IPO of 2021 so far.
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