Public PopCap
PopCap, those purveyors of digital crack that goes by names such as Bejeweled, Bookworm Adventures and Peggle, have exciting news for the Motley Fool crowd and mildly interesting news for everyone else: sometime this year the company wants to look into going public and offer an IPO. That cracking noise you just heard was the sound of a bunch of investor gamers snapping their calculators in unrestrained glee. Stocks for game companies have done well overall this past year, so if PopCap goes public, it wouldn't be a bad idea to look into investing.
When a company goes public, there is a concern that investors and stockholders start mucking with things and then the once-great company they all invested in takes a nose-dive because there's too many line cooks trying to be chefs in the kitchen and spoiling the soup. Or something. I think that analogy got away from me a bit there. Anyways, analyst John Taylor of Arcadia Investment Corporation feels confident that PopCap would be able to keep their focus and resist pressure from investors to keep producing a quality product, which is very good news to hear.
It's nothing definite, but the fact that PopCap has expressed interest means that if you have an interest, now's the time to start planning and preparing. Start saving up some money and learn how to invest and you'll be ready to go when they go public. And if they don't, you'll be totally set financially for Christmas shopping this year.
[via Gamasutra]
Digital Lit
Posted to News on 2 February 2011
Other stuff like this: investment, IPO, Popcap
