He leaves AGBO on high note with the studio being reportedly evaluated at $1.1 billion after receiving a $400M investment (for 38% stake) from Tokyo based video game maker, Nexon Co. Ltd last year.

Joe and Anthony Russo’s production company AGBO has received a $400 million investment stake from Nexon Co., a Tokyo-listed video game company, valuing AGBO at $1.1 billion.

As the Co-Founder and Vice Chairman of AGBO, Larocca focused on creative development and production. Said Joe and Anthony Russo in a statement to Deadline, “We founded AGBO with Mike seven years ...