Blogging the Boys: The story of Martin Armstrong and his rise from an unappreciated high school athlete to one of the world’s biggest and most successful technology companies, who has become an icon for Silicon Valley and an icon of a young generation in Silicon Valley.
article Martin Armsteins new startup, MartinArmstrong, was launched last September by former Stanford University engineering professor and former Microsoft CEO Satya Nadella, with the goal of creating an open platform for developers to build apps and games using Microsoft’s technologies.
The company has since raised $1.2 billion in venture capital, and it’s already built up an impressive roster of employees.
In the first quarter, the company posted an operating profit of $742,000, which was higher than the $703,000 reported in the same quarter last year.
The net income was $1,079,000.
For the full year, the business posted a net loss of $9,903,000 — an improvement of $4,859,000 from the year before, the report said.
The improvement came despite the fact that the company’s revenue declined from $5.8 billion in the first three months of 2017 to $5,972,000 in the second quarter.
The company has been a major player in the emerging gaming market, with Armstrong co-founding and building the game Armstrong Heroes.
It was also a big investor in Zynga and Zyngas game Angry Birds.