Earlier quoted context omitted.
I'm in this industry, and I have knowledge about this. It's important to point out that it takes a long time for uptake of new versions of ad SDKs. The general assumption is that it takes about 6 months after release of a new version for 50% of ad traffic to come from that version or newer. Also, for every version you release, approximately 1% of traffic will never upgrade past that version. In that kind of world, ov…
> But let's say an advertiser comes to you and says "we want to spend $1M / day to advertise our 10GB game, but only to devices that could install it." I don't want to call you a liar, but having seen ads that are presumably targeted at me, it feels like a total fiction to say that anyone is actually capable or interested in doing this. I get advertisements for just absolute nonsense garbage that has no bearing on my…
Are there whales that spend $1m / day in advertising. Absolutely, 100%. Are they running at all times? No. We typically see that kind of spend from a single advertiser around 30 days out of the year. They're short campaigns, typically around a launch of a big title, and they always try to target as narrowly as they can to maximize their impact.
You're right about it using IP geo-location to guess where you are and what language you want. We also use that to determine if we should show you the GDPR disclosures. But try looking at ads on a Xiaomi phone versus a Samsung and you'll see a different set of ads, because one of those purchasers tends to have more disposable income.