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Candy Crush Saga worth $8 Billion

03-25-2014, 02:30 PM
#1
Joined: Jun 2013
Posts: 2,264
Candy Crush Saga worth $8 Billion

Candy Crush will be valued tomorrow at almost $8bn (5bn) when it makes its debut on the New York Stock Exchange tomorrow.

http://www.theguardian.com/business/...on-gaming-firm
03-25-2014, 02:58 PM
#2
Joined: May 2013
Posts: 465
It will follow Zynga to new lows. Both companies are run by scumbags.

03-25-2014, 03:12 PM
#3
Joined: Feb 1983
Location: Barcelona
Posts: 1,268,019
Quote:
Originally Posted by Papa Deuce View Post
It will follow Zynga to new lows. Both companies are run by scumbags.
FWIW, King's business model is vastly different from Zynga's... But don't let me get in the way of this unstoppable hate train.
03-25-2014, 03:26 PM
#4
Joined: May 2013
Posts: 465
Quote:
Originally Posted by Eli View Post
FWIW, King's business model is vastly different from Zynga's... But don't let me get in the way of this unstoppable hate train.

True, but only scumbags would think they should be able to trademark the word saga.... essentially hurting so many other companies with the loss of a ubiquitous word, especially when it appears that they pretty much stole Candy Crush Saga from a previous developer.
03-25-2014, 08:21 PM
#5
Joined: Mar 2014
Location: Richardson, Texas
Posts: 99
Well looks like I have a new company to follow on the market.
03-25-2014, 09:32 PM
#6
Joined: May 2013
Posts: 465
Quote:
Originally Posted by iamcartez View Post
Well looks like I have a new company to follow on the market.

I am not a professional stock picker, but I am retired, and I make most of my money from picking stocks.... I would say that 80% of my stock picks have made from "some" money to "awesome" money, and maybe even 1 could be called "Insane" money based on my original investment amount......

Here is how I see this IPO......

Small bump early....... stays about the same for a time...... slowly declines to about $3 a share UNLESS some company buys them out before that all happens. There is no way in hell that this company is worth 8 BILLION dollars. The gaming world is fickle...... today's superstar is tomorrow's forgotten stepchild......
03-29-2014, 06:34 AM
#7
Ouch.. Poor guy

Quote:
Toby Rowland
No shares. Founder, $0

Toby Rowland co-founded King with Morris and Zacconi, and was co-chief executive until 2008, but he sold his shares in 2011

His 40m shares were sold back to King for a mere $3m, according to data from PrivCo. Had Rowland stayed in, he would have been King's largest individual shareholder today, with a stake worth up to $966m.
03-29-2014, 07:20 PM
#8
Joined: Feb 2009
Location: United Kingdom
Posts: 2,485
Quote:
Originally Posted by HansKaosu View Post
Ouch.. Poor guy
He's not poor compared to most people!

3m is not a bad deal. Sure, not as good as it could have been, but heck... That's a decent amount

If something online is free, you are not the customer - you are the product.
03-29-2014, 08:54 PM
#9
Joined: Feb 1983
Location: Barcelona
Posts: 1,268,019
Quote:
Originally Posted by Papa Deuce View Post
True, but only scumbags would think they should be able to trademark the word saga.... essentially hurting so many other companies with the loss of a ubiquitous word, especially when it appears that they pretty much stole Candy Crush Saga from a previous developer.
Again, you don't have an $8b company without protecting your interests to the fullest extent of the law. If you had your own $8b publicly traded company and decided to ignore your trademarks you'd quickly find yourself out of a job.
03-30-2014, 12:24 PM
#10
Joined: Mar 2010
Location: Dallas
Posts: 1,871
Quote:
Originally Posted by Eli View Post
Again, you don't have an $8b company without protecting your interests to the fullest extent of the law. If you had your own $8b publicly traded company and decided to ignore your trademarks you'd quickly find yourself out of a job.
So you believe it's fine that King tried to trademark the word 'candy'?

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