Brock Pierce is CEO of Playsino and a Managing Director of the Clearstone Global Gaming Fund.
Pierce is best known for pioneering the market for virtual goods in online games. He has founded eight companies, acquired more than thirty companies, and closed a dozen corporate finance transactions, securing more than $200 million on behalf of his companies.
Pierce founded IMI Exchange, formerly Internet Gaming Entertainment (IGE), in 2001. The Company raised over $100 Million from blue chip investors such as Goldman Sachs and Oak Investment Partners. Today, IMI Exchange owns the world’s leading marketplaces for the trading of virtual goods with system wide annual revenues exceeding $500 Million. Pierce currently serves Vice Chairman of the Board.
Among his other current ventures, Pierce spun Xfire out of Viacom and sits on the board. Xfire is a communication and social tool for hardcore gamers. Pierce is also the founder of ZAM, one of the largest gaming networks providing information and services to more than 15 million gamers monthly; IGE, the largest etailer of virtual goods in the Western World; Playsino, a leading social casino game publisher; EverTune, a patented proprietary technology which keeps any stringed instrument in tune for the life of the string set by utilizing a unique spring system to maintain constant tension; and RevenueAPEX, a specialty finance company advancing receivables for the Internet industry.
Prior to founding IMI Exchange, Pierce co-founded the first and most ambitious Internet television firm of the 1990s, Digital Entertainment Network (DEN), a company focused on the delivery of entertainment over broadband. DEN raised more than $88 million from investors such as Microsoft, Intel and NBC.
Also since 2010 to present, Pierce is one of two overseas advisors to the China Youth League of China, which governs the education and recreational activities for China’s youth up to the age of 28.