The mobile gaming industry has experienced rapid growth in recent years, with an estimated 2.7 billion gamers worldwide. Skillz is well-positioned to capitalize on this trend with its platform that allows developers to easily create and monetize multiplayer games.

Skillz reported strong financial results in its first quarter as a public company, with revenue of $83.7 million, up 92% year-over-year. The company also raised its full-year revenue guidance to $375 million, up from $366 million.

Skillz has formed partnerships with major brands such as the NFL, NBA, and NHL to create branded games on its platform. These partnerships not only provide additional revenue streams for Skillz but also increase its visibility and credibility in the industry.

Skillz has developed innovative technology that allows for fair and competitive gameplay in its multiplayer games. This technology includes a matchmaking system that pairs players of similar skill levels and an anti-cheating system that detects and prevents cheating.

Despite its strong growth and partnerships with major brands, Skillz is still trading at a relatively attractive valuation compared to other high-growth tech companies. This makes it an appealing investment opportunity for investors looking for exposure to the mobile gaming industry.

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