Wednesday, March 12, 2014

And so it begins...

Welcome to the harbinger of the next financial crisis.

King Digital Entertainment, maker of Candy Crush (and a bunch of other stuff that hasn't been nearly as successful) is going public with a multi-billion dollar valuation and 600+ employees.

Granted that they are profitable, and so the half billion dollars they raise will give them infinite runway. However, I have but three words: this. seems. crazy.

bless them, and I hope they're successful, but my gut tells me we've reached the peak. I think I'm heading towards a lot more cash.