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View Full Version : Mobile Gaming Startup Funzio Is Raising $50M At A $350M Valuation


AppleMacGuy
04-17-2012, 05:28 AM
What our patronage of the Funzio juggernaut and associated dollars spent on gold are creating:

http://techcrunch.com/2012/04/16/mobile-gaming-funzio-raising-50m-350m-valuation/
Burn
04-17-2012, 05:36 AM
This is because of the recent surge in demand for Bus Stops.
richard118
04-17-2012, 05:36 AM
Wow never thought funzio was a major player. Used to think cc and mw were nitch games with less than widespreadappeal
CounterSniper
04-17-2012, 05:44 AM
What our patronage of the Funzio juggernaut and associated dollars spent on gold are creating:

http://techcrunch.com/2012/04/16/mobile-gaming-funzio-raising-50m-350m-valuation/

Interesting Read. Thx for the link.
AppleMacGuy
04-17-2012, 06:15 AM
This is because of the recent surge in demand for Bus Stops.

Are you sure? I though it was 'cos of the high demand for Trees...:p
Burn
04-17-2012, 06:24 AM
The more trees there are, the more we can get away with taking the cats out of our Nissans ;)

Stillen supercharger kit for my 370, Hmmm. Or just trade it in for a GTR, Hmmmmmm.
Burn
04-17-2012, 06:33 AM
http://youtu.be/NUzwZqGyvDA
xclusiv
04-17-2012, 06:58 AM
what does it mean by 350m valuation?
BigCheese
04-17-2012, 07:02 AM
wow .. thanks to all gold spender
Burn
04-17-2012, 07:05 AM
Most usually it refers to the price the company would be prepared to sell for, if someone wanted to buy them out completely.
murf
04-17-2012, 07:13 AM
what does it mean by 350m valuation?

If you look at the % of ownership the new round of funding gets, you can calculate the implied value of the total company. So, if $50m of new funds puts it at a $350m valuation, I guess the new investors are getting a 1/7 ownership %.
AppleMacGuy
04-17-2012, 07:15 AM
If you look at the % of ownership the new round of funding gets, you can calculate the implied value of the total company. So, if $50m of new funds puts it at a $350m valuation, I guess the new investors are getting a 1/7 ownership %.

I was about to write the gist of what he said...