3 ms·

While I agree that this doesn't seen like a great ipo candidate, how is 850k per day a "minor" success.

• debacle 13y ago
  That's a rough estimate from a third-party that has little to no data. Even if they are making 850k per day, they aren't going to be making that same amount of money on the game in 1 year (because something new will have come along), so a 5 billion dollar valuation is probably about five times more than what they're worth, give or take.
  • ChuckMcM 13y ago
    This is one of those cases where having a 'confidential' S-1 is weird for me. Prior to opening day they have to have a 'public' S-1 so what is the big deal? Actual numbers on paper leading to a buzz kill ? I don't know. But as an investor I treat it as a negative.
    • JonFish85 13y ago
      I wonder if it's to avoid people seeing a sharp drop in revenue. If they report now and then revise in a few months a drop of 50% or more, people will back off in a hurry.