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View Full Version : Gree stock trading at all time low and quote from previous owner



thundarr
10-28-2013, 08:23 PM
Gree's stock is trading at an all time low and now we can see why. Maybe the golden geese (players) are running out of golden eggs and money. Wars less than 3 weeks apart, come on. This game is like a treadmill you can't go on like this forever. Quote from Gree's co-founder and President Anil Dharni, May 4, 2012 when Funzio was acquired by Gree:


"Dharni said both he and the company’s co-founder and CEO Ken Chiu started talking with Gree a few months back, and since then had discussions with a number of other suitors, whom Dharni characterized as the “usual suspects.”

What stood out about Gree was its vast experience and knowledge about the mobile gaming space, he said.

“Mobile games in Japan make a ridiculous amount of money and we are just getting started in America. They are two to three years ahead of us in terms of understanding game mechanics and monetization. We can learn so much from them,” he said. “They are super smart and hungry folks and their vision matched ours. We had excellent alternative options, but we found the perfect partner.”

Blade of 3
10-28-2013, 08:30 PM
Maybe if they worried about the fun of the game and then money, maybe there would be more players and the players wouldn't hate spending money.

Matt Thornton
10-28-2013, 08:31 PM
interesting article. what was your source ?

swag
10-28-2013, 08:42 PM
I wouldn't be surprised to see them work on something similar to Clash of Clans or Castle Crash... after milking this game for all of the money of course. Wonder if it will last until the introduction of raid bosses or not.

thundarr
10-28-2013, 08:43 PM
interesting article. what was your source ?

http://allthingsd.com/20120504/funzios-big-exit-to-gree-fueled-by-only-three-hit-game-titles/

swag
10-28-2013, 08:47 PM
Nvm. They're completely ripping off that genre with "Call to Arms"

I doubt they can do much though with their current business model - money first, customer satisfaction later.