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How one Israeli investor overcomes fears and continues to invest in games | GamesBeat | Games | by Dean Takahashi
venturebeat.com
God damn. Dude who was already big. Headed up Caesars Interactive stuff and bought Playtika, Israeli startup, for $150M in 2011 when they had under a dozen employees. Playtika would be sold for $4.4B to consortium of Chinese companies in 2016-07. 29x increase in 5 years. When Caesars was bought and taken by private in late 00s I think, it was valued at around $31B. Playtika got pretty damn big. Ahead of Zynga and Mojang. Only behind King and Supercell.
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Apparently the initial sale also caused Israel to become big in [mobile] games. 200+ game startups in Israel now. Impressive.
#acquisitions #modern_era_games #pattern_our_way_of_taking_making_money_is_fair_fine_ala_SV #mobile_games #video_games #beast #startups #freemium #modern_era #gambling #boss_peeps #pub
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