Iceland review - 2014, Page 18

Iceland review - 2014, Page 18
16 ICELAND REVIEW QuizUp has been a running success since it was published on November 7. Are you a one hit wonder company like Rovio with Angry Birds? “Yes and no … we want to be a one hit company like Facebook. And we have grown faster than they have, with three million users after the first three weeks. And now, we have 150,000 new users per day, which means that in two days we added as many people as the whole population of Iceland.” What about other platforms, the app is only available for iPhone at the moment? “In early 2014 we will be available on all the three big platforms, iOS, Windows and Android, and we are constantly improving the game, adding new topics and questions. Today we have more than one hundred people writing for us and there are more than 200,000 questions.” The only thing I dislike about the game is that a few questions are long. Too long. “Some questions are long but we have editors who are working hard to make the questions snappy. But this can be hard; you have long names of capitals, cars, cows and currencies. The good things about a quiz game like ours is that we are constantly able to refresh the questions and add new topics to the close to 300 we have today.” Currently, 1,000 new apps are published every single day, how did you succeed? “We had a budget, a promotional budget of one million dollars. We did not have to use it. QuizUp became like a virus; we found out that it spread through word of mouth—friends showing friends—that QuizUp got down- loaded. And the first marketing research shows that the average user spends 40 min- utes a day playing the game. That is more than we expected. And people are playing later in the day, taking a couple of questions before going to sleep.” The next step? “Now the game is only in English, so the next step is not only to put it on all three mobile platforms, we’re going to bring more languages. Six months ago there were only seven of us here at our Reykjavík downtown office whereas now we are 30, and hiring. And for the American investors who have put close to USD six million into the project, it does not matter where we are located as long as we deliver.” Do you feel pressure from the investors, like Sequoia Capital, which is the largest? “Yes pressure, but only the good kind; they care. Now companies and investors are con- tacting us, which is a welcome change from the two years the QuizUp platform was in the making.” Let’s talk about revenue, how are you going to make money on the game, how can it be free of charge? “This is the million dollar question. Now we are concentrating on, like a lot of startups, getting a bigger user base, like Instagram. We do not want to change the experience of the game; to add ads. But in the future, we could sell question carousels to companies that want to promote their products. There is a lot of revenue potential, but it has to be done right.” Back at the Iceland Review office, I looked at my Nokia Lumina 1020 phone and started to select the images I would use to go with the interview. One thing was missing: there was no QuizUp on my Windows phone. Looking over to the next desk, I asked my colleague if I could borrow her iPhone, just to play one quick game. I chose my favorite topic, Africa, and got started. It was impos- sible to stop; I had to play just one more game, then one more, and then one more after that …  INNOVATION “In early 2014 we will be available on all the three big platforms, iOS, Windows and Android, and we are constantly improving the game...”

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Iceland review

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