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> No one accidentally builds a Billion dollar business Mojang?
by speeder 11y ago
> No one accidentally builds a Billion dollar business
Mojang?
- AndrewKemendo 11y agoNope. Mojang CEO Carl Manneh made a conscious decision to push Markus to sell to MSFT after Markus was starting to get burned out. Mojang could have stayed small, reorganized and kept moving forward but they decided to go for a big win and sell to MSFT. So it wasn't an accident, as it happens it lined up so that interests aligned for the buyout.
- TillE 11y agoThat's just how it was sold for billions. Mojang was built into a massively profitable company without ever really intending to do that.
- crazy1van 11y agoThe decision to sell to Microsoft may have been conscious, but what about all of the other decisions that got them to the point where they could get a big sale? I'm talking about the years prior of building and selling Minecraft. I don't think those decisions were made with a billion dollar exit in mind -- and really those are the ones that count the most.
- AndrewKemendo 11y agoThe point is not that they decided "we are going to be a billion dollar company" and then chased it to get the MSFT acquisition. It's that when given options about which way to take it they took the Billion dollar route consciously instead of choosing to not sell and stay small - which again is how I read the article to promote.
- gozo 11y agoWhen talking about startups "a billion dollar company" usually means valuation. Considering Mojangs profitability they were probably a billion dollar company in early 2012.
- deelowe 11y agoThe decision to sell was a result of the valuation not the reason for it.