MAY 4, 2026
HELLO GIANT
The next-generation
Interactive Entertainment
company / investment vehicle.
FROM THE CREATOR OF
CALL OF DUTY: BLACK OPS
AND ONE OF THE VISIONARY
CREATIVES BEHIND AVATAR
We finance high-potential games
using operator-led diligence,
milestone-controlled deployment, and senior revenue share structures designed to return capital faster than traditional venture while preserving upside in breakout IP.
We are experts in identifying IP,
nurturing talent, and monetizing
results in the gaming and entertainment sector to deliver
superior uncorrelated returns to our investors.
GENERAL PARTNERS
VETERAN OPERATORS
WHO KNOW HOW TO BUILD
MULTI-BILLION-DOLLAR
ENTERTAINMENT FRANCHISES.
Video Gaming is a $225B
per year industry with a
consistent growth trajectory
projected to exceed
$350B by 2030.
It's already bigger than
global box office and music
revenues combined.
Yet capital deployment over
recent years has failed. Why?
MAY 4, 2026
HELLO GIANT
Capital alone is not enough.
Know-how, experience, hard
skills and taste have always
been the engine behind mega
hits. The recent wave of gaming
investment was driven by hype
without a native understanding
of how games are made,
how to de-risk development
or predict new market trends.
Most investments followed
yesterday’s trends and forced
a Silicon Valley model onto a
hit-driven industry where
games are time-intensive
3-year+ development cycles
- a lot changes in that time…
Our tailored approach addresses
the production and distribution
nuances that are unique to
gaming. We lead with these principles to guide capital and safeguard investments.
Our strategy prioritizes
fundamentals, disciplined
execution, creative quality,
and original experiences
built for a dynamic global
marketplace.
The greatest opportunity lies
in project-based financing and
LIFO-oriented cash flow
structures modeled after the
way Hollywood has financed
films and television for decades.
Investments are deployed into
games with the potential to return capital efficiently, without
correlation to larger economic
trends or relying on a decade of
portfolio growth to generate
returns.
Up-front capital is provided to
developers to bring products to
market in exchange for royalties
and residual participation —
creating recurring cash flow for
investors.
MAY 4, 2026
HELLO GIANT
01.
Proven Operators
Decades of AAA production, franchise development, and global execution
02.
Selective Deal Access Operators
Relationships and sourcing pipelines built across games, film and entertainment
The approach is hands-on and operator-led. As production accelerates through new tools and AI, HELLO GIANT's advantage is not speed alone –– but judgment, experience, and execution as an impenetrable moat. Technology lowers the barrier to entry; world-class expertise takes decades to build.
03.
Disciplined Execution
Hands-on operational oversight from early development through launch
04.
Leading Expertise
Deep knowledge across storytelling, technology, and audience engagement
05.
Modern Distribution
Community-driven go-to-market systems designed for today’s landscape
06.
Structure
Project-based / go-to-market financing; waterfall revenue share; annual capital
distributions to investors
07.
Seniority
Senior to prior investments; last money in, first money out (LIFO)
08.
Rights
Quarterly tranche-based cash deployment
sales audits; cross-media royalties; step-in, cure, and approval rights negotiated on a project-by-project basis
09.
Protection
Collateral of all Creative & Technical IP, digital & physical assets, equity warrants
10.
Waterfall
Taxes › Platform fee (30%) › Publisher + Investors › Developer
01.
Unmatched Sourcing Pipeline
The best creative talent in the industry knows us and seeks us out. Industry-leading network of expert partners.
02.
Experience-Led Diligence
Deep diligence where each veteran operator at Hello Giant spends extensive time with their counterparts on the production team.
03.
Strategically-Aligned Investment
Content review and GTM strategy
embedded with the developer;
hands-on operating partnership.
Three pre-investment gates
04.
Production Milestone Gates
The best creative talent in the industry knows us and seeks us out. Industry-leading network of expert partners.
05.
Product Launch
Coordinated GTM, distribution, and creator activation across all platforms.
06.
Harvest Period
Royalty payments and residuals
returning distributions to LPs.
Three pre-investment gates
SCALABILITY
We provide investment flexibility across a diversified portfolio of products designed to return capital quickly — with a process that doesn't require outsized growth to succeed.
EFFICIENCY
Our unmatched experience bringing world-leading IP to market comes with the knowledge necessary to maintain focused and
efficient pipelines.
MARKETABILITY
Gaming exists within an era of
content overload. We have the
expertise and talent to build
experiences that cut through
the noise and find a sustainable
place in the market.
FUND PROFILE $50M
Total raise, deployed across 15-20 investments 7-year term
01.
CAPITAL STRUCTURE
Last-In-First-Out (LIFO). Structured downside protection investing in games close to launch with proven market traction and deep diligence on team
capabilities.
02.
RETURNS PROFILE
Annual cash distributions.
Targeting 20% IRR.
03.
CROSS-MEDIA RIGHTS
Royalty rights on sequels & other media derivatives. Maximizes long-tail potential.
CAPITAL DEPLOYS ONCE. REVENUE RETURNS IN WAVES
Illustrative 5-year model: staged deployment, launch-driven revenue events, cumulative fund receipts, and annual LP distribution opportunities.
Return Profile | 2027
Cumulative Receipts
n/a
Return Profile | 2028
Cumulative Receipts (Bull)
Cumulative Receipts (Base)
Cumulative Receipts (Bear)
Cumulative Deployment
Annual Revenue Events
06M
04M
02M
26M
04M
Return Profile | 2029
Cumulative Receipts (Bull)
Cumulative Receipts (Base)
Cumulative Receipts (Bear)
Cumulative Deployment
Annual Revenue Events
30M
22M
14M
35M
18M
Return Profile | 2030
Cumulative Receipts (Bull)
Cumulative Receipts (Base)
Cumulative Receipts (Bear)
Cumulative Deployment
Annual Revenue Events
65M
48M
32M
40M
26M
Return Profile | 2031
Cumulative Receipts (Bull)
Cumulative Receipts (Base)
Cumulative Receipts (Bear)
Cumulative Deployment
Annual Revenue Events
99M
73M
50M
40M
25M
LIMITED PARTNERS
FAMILY OFFICES / INVESTORS
V
HELLO GIANT FUND
MEDIA & ENTERTAINMENT FUND
V
HELLO GIANT CAPITAL
MANAGEMENT COMPANY
LLC – DELAWARE
V
HELLO GIANT STUDIOS
OPERATING COMPANY
C-CORP – DELAWARE
—
Late-stage investments (LIFO)
—
Technical and Creative diligence
—
Revenue waterfall seniority
—
Reserve policy
—
Launch-window discipline
—
Security interests where available
—
Tranche-based deployment
—
GTM validation before investment
—
Sales audit rights
—
Portfolio diversification
—
Downside case underwriting
The industry keeps growing — projected to exceed $350B by 2030.
Yet capital deployment has
cratered. Funds have retreated, and record demand sits without backers.
Money is being left on the table.
Capital deployed now will be
ahead of the cycle when the engine kicks fully back into gear.
GENERAL PARTNER
DAN BUNTING
Dan Bunting is a veteran game industry executive and investor with more than 25 years of leadership experience.
Formerly Co-Studio Head at Treyarch, he helped build the Call of Duty: Black Ops franchise while leading large-scale AAA development.
He now invests in and advises emerging studios with a top-decile venture track record.
GENERAL PARTNER
JONATHAN BERUBE
Jonathan Berube is a Creative Exec with 25 years leading world-class creative teams across Film, Television, Games and VFX.
His experience spans James Cameron's Avatar sequels, Blizzard Entertainment, Stranger Things, and Westworld and more.
At Hello Giant, he is applying that experience to build scalable entertainment IP through a modern studio and investment model.
Head of Publishing / Fractional CM
GUY COSTANITINI
20+ years bringing games to market
Riot's League of Legends, Marvel games, CD Projekt Red's The Witcher 3 & Cyberpunk 2077
Prior projects led to $900M acquisition, multiple billion dollars in sale
VP, Game Design
COLM NELSON
25 years as a Game Designer & Director
Projects include Bungie’s Halo 3, Blizzard’s Starcraft 2 & Diablo 3, and Activision’s Call of Duty series (2010-present) Worked alongside Dan for 14 years, one of t he most talented designers in t he industry
Character Art Director
25 years as a 3D Artist and Art Director
Created some of the most memorable leading characters in gaming, including Naughty Dog’s Uncharted series, Star Wars Jedi: Fallen Order, Titanfall, Diablo 4 and CRYSIS Unmatched skill set in both creating highest quality content and mentoring developers to reach master level execution
Creative Director Narrative & Cinematic
MIKAL VEGA
Former Navy SEAL, Hollywood Actor, Stuntman, Writer & Director
Call of Duty Performance Capture Director In discussions with IP holders of the “Shepherds” book series to adapt to Games, Film & TV
Investment Advisor
BEN CHAN
Venture Partner with Berkeley Frontiers Fund (University of Berkeley alumni investment fund)
Expert in APAC region business development, investment and media financing.
Former Microsoft & Activision-Blizzard technology and sales team
Strategic Advisor
BRETT BROWN
Previously founded and ran Double Jump Capital for 10 years which is structured the same as Hello Giant
Sold Double Jump Capital portfolio holdings to a game publisher for 4x capped
Comes from a multi-generational single-family office (Dorado Peak Capital) with extensive access to strategic partnership
MAY 4, 2026
HELLO GIANT
MAY 4, 2026
HELLO GIANT
APPENDIX
Dan Bunting's individual investment track record across active games and gaming-adjacent companies — the operating evidence behind the fund's diligence approach.
MAY 4, 2026
HELLO GIANT
PORTFOLIO GROSS IRR:
~70% ANNUALIZED PORTFOLIO MOIC (TVPI): 2.11X
Emptyvessel
Pre-Seed › Seed › Series A › Publishing Deal
First title 'Defect' is a cyberpunk PvPvE tactical shooter. Approaching 10M YouTube trailer views with minimal ad buys, affirming product-market fit. After closing a Series A with global Korean publisher NCSoft a year ago, secured a full publishing deal for Q2 2027 launch.
Legion Studios Pre-Seed › Publishing Deal
First title 'Covenant' is a dark fantasy first-person action Souls-like. Over 1M organic YT trailer views with zero spend, plus 2M+ TikTok organic. Angel + advisor stake (1.0% combined). Signed publishing deal with FICTIONS (former Annapurna team, backed by Haveli) for full production budget.
PORTFOLIO GROSS IRR:
~70% ANNUALIZED PORTFOLIO MOIC (TVPI): 2.11X
HydraTac Pre-Seed > Seed
Powerhouse team including former exited founder of CAPE (sold to Motorola) and former head of indie studio Giant Enemy Crab. Two units: consumer gaming in tactical military-simulation, plus defense tech for autonomous and piloted drone training. Closing a $5.5M round led by AE Industrial Partners (AEI) at $2.5M, with Granite Hill Capital Partners ($1.25M) and 1AM Gaming ($500K). Round fully subscribed within 48 hours of term sheet.
lil Snack Pre-Seed › Seed › Series A › ARR (multiple media deals)
Backed by a16z. Early mover in fast-follow of NYT Crossword app ($1B annual revenue). Multiple large media deals with BuzzFeed, Amazon, Wheel of Fortune, Hasbro. Hyper-casual daily puzzle and social game positioned to own the media landscape in casual daily games.
PORTFOLIO GROSS IRR:
~70% ANNUALIZED PORTFOLIO MOIC (TVPI): 2.11X
Windwalk Games Pre-Seed › Seed › Publishing Deal › ARR
Indie team with two successful launches. More notably, B2B platform Harbor for organic community growth has secured contracts with Scopely (Monopoly GO), CCP (Eve Online), Universal Music Group, Suno AI, and the Democratic National Party. In acquisition talks.
Refactor Games Pre-Seed › Seed › Publishing Deal › Distribution Exclusivity (FIFA + Netflix)
Started as an indie sports games competitor, secured the FIFA license after EA lost the rights — a David vs. Goliath story. Publisher Delphi Interactive signed exclusive Netflix distribution to align with the FIFA World Cup in Summer 2026.
SAFE @ $5M cap
Dec 2023 - Angel Investment
Dec 2025 holdings: $2.61M
+141.4% Year over Year
~3.48x on issue price
Legion is an independent studio backed at pre-seed in late 2023 by a16z, 1AM Gaming, and Dan Bunting (angel + advisor).
In December 2024, a home-made reveal trailer earned ~700K organic YouTube views with zero ad spend.
In May 2025, Legion received $8M in non-dilutive full project financing from publisher FICTIONS for a 2027 release.
POSITION SNAPSHOT
Security: SAFE (Cap @ $5.0M)
Concluded holding value
12/31/2025 @ $2,611,337
Shares modeled: 2,044,900
Fair value per share
12/31/2025 @ $1.2770
MARK MOVEMENT 2024 → 2025
Holdings: $1,081,540 → $2,611,337
Change: +$1,529,797 (+141.4%)
Issue price: $0.3668/share
Implied cost basis: ~$0.75M 2,044,900 × $0.3668
Paper gain vs issue: ~+$1.86M ~3.48x multiple
VALUATION CONCLUSION (12/31/2025)
Concluded equity value: $15.568M
Methodology: 100% Backsolve — Option Pricing Model
Current valuation cap: $30M
Status: On track (2027). Publisher financing committed.
MAY 4, 2026
HELLO GIANT
THANK
MAY 4, 2026
HELLO GIANT