In 2020, when President Trump signed the executive order that would ban TikTok in the U.S., Bobby Kotick called his old friend Steven Mnuchin. The former Secretary of the Treasury told him that, if TikTok’s U.S. operations were to be sold to an American company, Microsoft would be the only bidder.
A couple calls later, he reached ByteDance founder and CEO Zhang Yiming, who said he’d rather sell to Bobby than Microsoft. Concerned about his ability to get the deal done solo, Bobby called Microsoft CEO Satya Nadella and offered to make a joint bid.
Nadella declined, but added, “ if the deal doesn't get done, we should sit down and talk about us buying Activision.” TikTok currently remains Chinese-owned, but three years later, Microsoft paid $75 billion for Activision Blizzard.
00:00:00 Introduction
00:01:23 Forming Activision Blizzard
00:05:11 Good acquisitions
00:11:01 Electronic Arts and “Schedule C”
00:17:30 Nintendo and Mediagenic
00:24:08 Steve Wynn
00:32:24 Wynn cashes out
00:38:25 Tony Hawk's Pro Skater
00:44:06 Blizzard's many sales
00:48:37 World of Warcraft and Call of Duty
00:52:03 Jurassic Park
00:55:03 Chris Metzen
00:59:59 David Geffen
01:03:23 New competitors
01:07:50 The harassment lawsuits
01:12:40 Trying to buy TikTok
01:14:42 Hardware design
01:19:04 Polymarket, Donald Trump, and TikTok
01:21:47 The Call of Duty Endowment
01:25:18 Brian Stann and Hire Heroes USA
01:29:01 Steve Jobs and Pixar
01:37:30 The first Macintosh
01:39:25 The Wii demo
01:42:03 Nintendo 64, PlayStation and VR
01:46:39 The hardest year
01:49:52 Working with Brian Kelly
01:51:10 Satya Nadella and Microsoft
01:54:38 Xbox Game Pass
02:00:32 What “grit” means to Bobby
02:02:09 Outro