Secret of Success – Hristo Tenchev (XS Software JSC)

Hristo Tenchev - XS Software JSC

I had the chance to convert my greatest hobby, computer games, into a business. With five friends, we created the first web browser based game in Bulgaria (Bulfleet) that rapidly became very popular and we grew very fast. Eight years later we have more than 35 million registered players in over 80 countries worldwide. We started lean but venture capital was key to helping us break into new markets and develop new platforms.

The best way to help start ups and SMEs like me grow would be to develop more incubator and accelerator funds and programmes; and to ensure that education is of highest quality for all, especially in IT.

“Entrepreneurs are important to society because we kick-start new ideas, services, products and make our lives better.”

Hero(es): Computer games

Start up capital: Own

Growth rate p.a: 10%

Mentor(s): Yes, including my partner Svetlin Nakov

Can you code? Yes

Employees: 130

Education / Training: Computing

Product / Service:  Gaming

Tags: , , , , , ,