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Message
Clash of Clans propels developer from $0 to $3 Billion
Posted on 10/22/13 at 12:18 pm
Posted on 10/22/13 at 12:18 pm
This is insane to me
They only have two games currently, one of which is Clash of Clans
quote:
"Basically it was just one room with very small windows," recalls Mr. Koponen, an early investor in startups. "At that point, they didn't have chairs for everyone." The company's co-founder, Ilkka Paananen, was hunched over a cardboard box he used as a desk as he discussed the company's plans.
On Tuesday, Japan's SoftBank Corp. 9984.TO +1.87% agreed to buy 51% of the Finnish company, which has two games and just 100 employees, for $1.5 billion. It is the largest ever investment for a mobile-app company, according to Rutberg & Co. Two of Supercell's co-founders stand to make more than $200 million apiece.
They only have two games currently, one of which is Clash of Clans
5
Posted on 10/22/13 at 12:21 pm to TulaneTigerFan
Just go to show you all it takes is one good idea at the right time.
Posted on 10/22/13 at 12:29 pm to TulaneTigerFan
He can thank the Gaming Board
Posted on 10/22/13 at 12:30 pm to hg
Yeah, that's why I posted it here. I know people on this board love it
Posted on 10/22/13 at 12:37 pm to TulaneTigerFan
Castle Clash >>> Clash of Clans
Posted on 10/22/13 at 12:45 pm to TulaneTigerFan
Funny thing is Candy Crush is a higher grosser than CoC.
I'd love to invest in anybody that has one of these type of ideas floating around their head fwiw.
I'd love to invest in anybody that has one of these type of ideas floating around their head fwiw.
Posted on 10/22/13 at 12:53 pm to McRebel42
King has made a boatload of money off of Candy Crush also. Hit mobile games are the source of the biggest profits in gaming right now.
Posted on 10/22/13 at 1:00 pm to TulaneTigerFan
Where you been?
Posted on 10/22/13 at 1:20 pm to tduecen
I was busy playing Final Fantasy Tactics all day Sunday while watching the games 
I was watching, just didn't participate in the league thread much.
I was watching, just didn't participate in the league thread much.
Posted on 10/22/13 at 1:22 pm to TulaneTigerFan
Oh.... Wanna get rid of a RB?
Last hijack from me
Last hijack from me
Posted on 10/22/13 at 2:36 pm to tduecen
Hmmm, I feel like I gotta hold Joique due to Reggie's questionable health. Kenbrell is tempting though. Let me ponder it. I'll give you a response by the end of the day
Posted on 10/22/13 at 3:11 pm to TulaneTigerFan
Another RB? Instead?
Posted on 10/22/13 at 3:20 pm to tduecen
quote:
Castle Clash >>> Clash of Clans
troof
quote:
Clash of Clans propels developer from $0 to $3 Billion
6% of this is from Chickens kids.
Posted on 10/22/13 at 8:26 pm to TulaneTigerFan
Sup
Eric
Bell
Posted on 10/22/13 at 8:34 pm to TulaneTigerFan
quote:
I was busy playing Final Fantasy Tactics
How is it?
Posted on 10/22/13 at 8:47 pm to The Dudes Rug
Really good. The job class system is deep and has led to me doing a lot of grinding to unlock different classes. It's definitely the best strategy game I've played, way better than a few I tried for the ps3
This post was edited on 10/22/13 at 8:48 pm
Posted on 10/22/13 at 8:51 pm to tduecen
quote:
Castle Clash >>> Clash of Clans
get that shite outta here
Posted on 10/22/13 at 8:59 pm to TulaneTigerFan
quote:
agreed to buy 51% of the Finnish company, which has two games and just 100 employees, for $1.5 billion.
Where does 3 Billion come from?
Posted on 10/22/13 at 9:01 pm to DoUrden
The author of the article is assuming that if their value for 51% is $1.5 billion then their total company worth is $3 billion. It's a sketchy assumption, and I almost didn't use it in the thread title, but whatever.
Posted on 10/22/13 at 9:05 pm to TulaneTigerFan
quote:
Really good. The job class system is deep and has led to me doing a lot of grinding to unlock different classes. It's definitely the best strategy game I've played, way better than a few I tried for the ps3
I may start it soon. I have fricking mono so that means plenty of time for games.
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