Candy Crush Maker Opens At $20.50, Already Down 10%businessinsider.com 2 pointsMCarusi12 years ago3 commentsSaveHideCopy link On HNComments−coreymgilmore12yI don't understand these smartphone-game-makers going public. There seems to be a trend: they are all based off one game, have little (or none) in terms of net revenue, and do poorly in the market. Zynga: down ~50% since it went public.−MCarusiOP12yThere's been next to no news about how Don Mattrick was going to rejuvenate Zynga, either.−coreymgilmore12yKING did not do very well at all...http://www.bloomberg.com/news/2014-03-25/king-raises-500-mil...
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I don't understand these smartphone-game-makers going public. There seems to be a trend: they are all based off one game, have little (or none) in terms of net revenue, and do poorly in the market. Zynga: down ~50% since it went public.
There's been next to no news about how Don Mattrick was going to rejuvenate Zynga, either.
KING did not do very well at all...
http://www.bloomberg.com/news/2014-03-25/king-raises-500-mil...