With the likes of Zynga and PopCap prepping for IPO, not to mention the larger pull of social tech companies such Facebook, Groupon and LinkedIn, it's little surprise already floated games companies might feel a twinge of jealousy.
Or perhaps they're just being rational, while the market suffers another bout of irrational exuberance.
"I am sorry but when Zynga is worth $10 billion, something is a bit strange. If this is not a bubble, I don't know what is," Gameloft's CFO Alexandre de Rochefort is reported to have said, according to Reuters.
Who's your customer?
Apparently some of its US shareholders have been advising the company, which floated on the French bourse over a decade ago, to list on the NASDAQ.
De Rochefort said that while the company might get a 50 percent market cap boost, he doubted how long this situation would last, not least because of some market fundamentals.
"Zynga has made it very clear that their typical client is a female, 40 years old, staying at home in the mid-West," Gamasutra reports him as saying.
"Gameloft has not sold a single game to this kind of client in the last 11 years."
[sources: Reuters / Gamasutra]
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Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
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