More Reviews
REVIEWS Funk of Titans Review
It’s always particularly tough to find the funk of a game when it already doesn’t have much rhythm.

Citizens of Earth Review
Do you like turn-based RPGs? Do you enjoy laughter? Does your hair contain enough product to qualify you to be VP of an entire planet? If so, then you'll enjoy playing Citizens of Earth.
More Previews
PREVIEWS The Witcher 3: Wild Hunt Preview
CD Projekt RED delivered hands-on of their latest installment of their HBO-like fantasy RPG. How does the monster-hunting mutant fare this go around?
Release Dates
NEW RELEASES RUGBY 15
Release date: 02/01/15

DEAD OR ALIVE 5 Last Round
Release date: 02/17/15

Dragon Ball XENOVERSE
Release date: 02/24/15


LATEST FEATURES 5 Best Zelda Games of All Time
Nintendo's epic adventure series has seen many entries over the years. Here are the very best of the bunch.

Blades of Steel, NHL 94, More 90's Hockey - Old Games With Grandpa Heath
If Captain Comic were picking players for a pickup hockey game, who would be his first choice? Probably Cliff Ronning.
MOST POPULAR FEATURES PlayStation Downloads January & February 2015 - Monopoly, January's Free PS+ Games
Have you been playing online with your PlayStation devices? Make sure to get these free games for the month of January in our weekly update feature.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437
Finally Broke My Crowdfunding Rule
By oblivion437
Posted on 01/12/15
I've had a long-standing rule to avoid getting involved in any sort of crowdfunded activities.  I didn't donate to Shadowrun or Wasteland, but I did buy and enjoy both of them (I'm plugging both of those games right now, just so you know they're good).  I haven't...

GAMING NEWS

Angry Birds Developer Rovio Says $1.2B Evaluation Is Too Low

Posted on Friday, October 14 @ 13:14:58 Eastern by


Based on funding talks in August, Angry Birds developer Rovio has been valued at $1.2B based on the 400 million and free downloads of the game since 2009, but "Mighty Eagle" Chief Marketing Officer Peter Vesterbacka believes that this estimate is conservative:

We're happy with our valuation but we think it's probably a bit north of that.

We're not ready to file for an IPO tomorrow. Maybe a year from now... We're insanely profitable... We're not a publicly traded company yet but we can fund our own growth.

We think we have a good shot at being the first entertainment brand that has a billion fans -- people we can talk to and have a dialog with every day.

Disney started as a black and white cartoon about this little mouse. Nintendo has been working on Mario for 26 years. Angry Birds is less than two years old.

Walking through the Chinese mall next to my apartment, I see Angry Birds merchandise in stores normally reserved for the likes of Mario, Sonic, and Final Fantasy. I have my eyes on some of the Angry Birds pillows, and I haven't even played Angry Birds. I just know that I can throw the pillow at someone and laugh about it. The point is that I have no idea whether $1.2B is really a low estimate, though it might be one that's set-up for crash-and-burn failure.
Tags:   Rovio, Angry Birds
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus