Transcript
The Brief Interviewer (00:18.286)
Welcome everyone to a special episode of The Brief. The following interview with Josh Javaheri of Lucky Day was filmed live at our invitation only Olivon Advisors Spring 2025 conference in Austin, Texas. Let’s get started. Josh, why did you decide to create a company in the mobile gaming space?
Josh Javaheri (00:40)
That’s a great question. I don’t think I intentionally tried to build a mobile gaming company. I always loved building for consumers and gaming just happened to be the sector that I organically ended up in, given the products that I wanted to build for customers.
The Brief Interviewer (00:57)
What is Lucky Day’s product offering?
Josh Javaheri (01:01)
Today we offer a multiple casual games that players can compete in through a tournament format. It’s operated today in a category known as skill-based real money games. We’ve been operating for the last three years in this sector on the App Store, and we’re excited to expand into new categories.
The Brief Interviewer (1:21)
Who plays the games? Who is the target demographic?
Josh Javaheri (1:26)
Yes, our main demo is 35 plus men and women, predominantly in the United States. These are people who are looking for just a great 20-30 minutes of entertainment per day. They’re at home, they have that spare time and we’re looking to fill it with some great entertainment.
The Brief Interviewer (1:42)
So I imagine the games are very sticky.
Josh Javaheri (1:44)
Yeah, very. I mean, our players come back for months and years and we’re hoping to keep them for decades.
The Brief Interviewer (1:54)
What does your MRR and revenue growth look like? What are you projecting for the next 12 months?
Josh Javaheri (2:00)
Today we’re doing like as of last month, we’re doing around two and a half million a month in revenue. We’re expecting to close the year off north of four and a half, five million a month in revenue. And we’re aiming next year to get north of eight million a month in revenue. Yeah, a hundred million plus. That’s like the short-term target that we want to cross as quickly as humanly possible.
The Brief Interviewer (02:22.959)
What are your plans for international expansion?
Josh Javaheri (02:27)
So international we treat it same as the U.S. We’re experimenting right now gathering data and as we get more data and we see that’s performing well, we’ll start to increase our marketing output by 10% weekly until we reach some sort of saturation, which we don’t think will be for a while.
The Brief Interviewer (02:45)
Thank you for joining us here at The Brief by Olivon Advisors. For more information on our presenters, please visit OlivonAdvisors.com/companies. Want to join our mailing list? You can by signing up at OlivonAdvisors.com. We look forward to seeing you on the next episode of The Brief.
