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I honestly could not help but laugh at the Softbank for burning their money like this. But what do I know, I haven't raised that kind of funding before, maybe
by drenvuk 9y ago
I honestly could not help but laugh at the Softbank for burning their money like this. But what do I know, I haven't raised that kind of funding before, maybe running boxes on aws with persistent storage is too difficult for most game developers.
$500MM though? The skeptic in me is saying they're going to write the majority of this down in 5 years.
- denizen_kane 9y agoYup, and they recently wrote down half a billion in Ola and Snapdeal in India. Basically, this investment gives Improbable a 5-10 year time horizon to basically do whatever they want. But they can't just work with every game dev studio under the sun -- they actually have to grow the entire MMO market in order to actually turn a profit for investors.
- pzone 9y agoJuicero investors only pissed away 120 mil. This is four times that.