$7.5 million a month at the very beginning of their hockey stick growth, and they are willing to sell for $200 million? Deal of the century for Zynga...
They should have leveraged this into a massive funding round and started making acquisitions, growing etc. Nobody is ever going to compete with Zynga if people cash out to them the first chance they get every time.
It took OMGPOP over 5 years of concentrated efforts to succeed. http://en.wikipedia.org/wiki/List_of_games_on_Omgpop
Stop being so unbelievably rude.
They absolutely do. But they are now the latest example of what not to do the second you finally gain traction. As I said in another comment, Facebook got this right. So many others do not, and it is really a pity in the social gaming space as there is a huge need for somebody to compete with Zynga.
The game industry graveyard is littered with 1 hit wonders that never managed to repeat their success after a single massive home run.
You realize that OMGPOP is founded and staffed by real human beings, who are probably reading these threads today, right?
I can respect the opinion that selling to Zynga was the wrong call - but your tone and wording is entirely inappropriate.
If the founder and employees of the company were sitting across the table from you, would you still call them cowards?
fwiw I was talking about the investors/CEO etc, the people who made the decision on the sale. Not the employees.
NimbleBit (TinyTower guys) rejected a Zynga acquisition offer. I hope that most game companies hate Zynga too much to allow themselves to be acquired by them.
I guessing that OMGPOP's investors pushed heavily toward this solution after years of little traction.