Western operations to be profitable this summer
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Keith Katz | 18:54 - 9 May 2013
I think you have to ask the question: was this achievable without plunking down $300mm? There have to be better ways to net this kind of revenue over a 3 year time horizon than deploying this much capital. But what do I know =)
jon jordan | 18:17 - 9 May 2013
I agree, but if the quarterly revenue keeps growing...
That's why they say "turn Mobage West into a profitable operation during the summer" - I guess that means in q-o-q burnrate terms
love to see similar figures from GREE though!!
Keith Katz | 16:01 - 9 May 2013
Jon, I'd bet you that $90mm that DeNA still hasn't come anywhere close to seeing a positive ROI on that investment. We have no idea what the margins are on that revenue--I'd bet very, very slim. Not to mention the amount of money poured in post-acquisition, opportunity costs of deploying that capital elsewhere, the fact that these revenue figures aren't necessarily a direct result of the acquisition, etc.
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