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 …
Continue reading “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. 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 …
The year 2016 will be remembered as a year when titillating stories came out about Unicorn excesses — Dropbox’s Chrome Panda sculpture, Hampton Creek’s covert buy-backs of Just Mayo inventory, and Zenefits’ sex in the stairwell. This is a story about Kabam, another fallen Unicorn, and its excesses. More than just descriptive, we analyze its history to …
Continue reading “A Unicorn Startup’s Kiss of Death: Kabam Field”
“A Twitter feed of a college basketball game is like being in a room with 20 stoned Bill Waltons” “A Twitter feed of an NFL game has become shoutcasting without the noise.” In July 2016, Twitter announced a pair of deals with the National Football League and the National Hockey League to live stream a …
Continue reading “It’s In the Metagame: A Monetization Opportunity for Twitter”
(Original publication date: 6/7/16) (Our suggested “moonshot” for MZ: ending urban traffic congestion via a real-time pricing platform + “connected car”) (Our suggested new tagline for MZ: “put a price on it.” Shoutout to Portlandia for its “put a bird on it” tagline for a hand-crafted gift store capturing its big picture strategy) Short Postscript …
Continue reading “Machine Zone (MZ): A $10 Billion Dollar Unicorn in the Making”
