Zynga’s Leasing Agreement With Airbnb: A Material Transaction

The tech trendy SF-based email newsletter The Hustle reported on July 11, 2017 “Last night, we received an internal email from an anonymous, verified source at Airbnb confirming that the company has officially signed a multi-year, 5-story lease at Zynga’s headquarters in San Francisco’s SOMA district.” According to the email: “Phase 1 will begin in …

Netmarble Games: Stock Price Target 33% Below IPO

On May 11, 2017, Netmarble Games had an IPO on the Korea KOSPI stock exchange. Due to an enthusiastic demand by Korean, International, and Sovereign funds, the company was able to price the IPO at the high end range of 157,000 Korean won (KRW) / share, or approximately $138 USD / share based on an …

Netmarble Games IPO: A Fast Fade for Lineage 2?

Introduction Netmarble is the largest mobile game publisher in South Korea. The company has just secured investor commitments to buy 16.9 Million shares worth $2.3 Billion in a May 2017 IPO on the Korea KOSPI stock exchange.   This IPO would value the company at $11 Billion based on investor demand at the high end …

Netmarble IPO: How Greed Destroyed Its Kabam Acquisition

Netmarble is the ninth largest mobile app game publisher in the world and the largest in South Korea. In a month, the company is set to raise $2.3 Billion via an IPO on the KOSPI Korean stock exchange. If successful, the company will be valued at $11.7 Billion and catapult it to the level of …

Netmarble IPO: Priced for Perfection

Netmarble is the ninth largest mobile app game publisher in the world and the largest in South Korea. The company is seeking to sell 17 million shares on the Korean KOSPI stock exchange in early May garnering proceeds of between $1.8 Billion and $2.4 Billion USD (all USD figures converted from Korean Won at .00088 USD / Won). Roughly …