Mobile Gaming Startup Funzio Is Raising $50M At A $350M Valuation

[AppleMacGuy]

What our patronage of the Funzio juggernaut and associated dollars spent on gold are creating:

http://techcrunch.com/2012/04/16/mob...50m-valuation/

[Burn]

This is because of the recent surge in demand for Bus Stops.

[richard118]

Wow never thought funzio was a major player. Used to think cc and mw were nitch games with less than widespreadappeal

[CounterSniper]

What our patronage of the Funzio juggernaut and associated dollars spent on gold are creating:

http://techcrunch.com/2012/04/16/mob...50m-valuation/

Interesting Read. Thx for the link.

[AppleMacGuy]

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...

[Burn]

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]

[xclusiv]

what does it mean by 350m valuation?

[BigCheese]

wow .. thanks to all gold spender

[Burn]

Most usually it refers to the price the company would be prepared to sell for, if someone wanted to buy them out completely.

[murf]

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]

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...