Kabam: What Causes A Unicorn To Stop Skating To Where The Puck Is Going

The growth in the numbers of technology startups valued over $1 Billion, so-called unicorns, has abruptly stopped and even reversed. In the last several months, a number of unicorns have seen their valuations marked down by mutual funds. This has been accompanied by a number of titillating articles about frivolous spending — Dropbox’s Chrome Panda sculpture — and debauchery — Zenefits’ […]

Kabam’s Downfall: Talking the Talk

The growth in the numbers of technology startups valued over $1 Billion, so-called unicorns, has abruptly stopped and even reversed. In the last several months, a number of unicorns have seen their valuations marked down by mutual funds. This has been accompanied by a number of titillating articles about frivolous spending — Dropbox’s Chrome Panda sculpture — and debauchery — Zenefits’ […]

Kabam’s IPO Plans Are Kaput

Summary Kabam is a mobile game startup with IPO aspirations and a reportedly $1 billion-plus valuation. In early December, the CEO delayed IPO plans, blaming generally unfavorable conditions for a mobile game company IPO. We show that the real reason for the delay was the disastrous performance of two of three new releases based on […]

Kabam: Mobile Gaming Company IPOs after King and Zynga

Click here to download the Permalink. Kabam is a San Francisco-based mobile gaming company with three hit games each of which has reportedly grossed over $100 M since launching.  In a recent interview with the Wall Street Journal, Kabam’s CEO Kevin Chou disclosed that “Kabam has raised $125 million from investors including Canaan Partners, Redpoint […]