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King.com, makers of Candy Crush, files for $500mm IPO (sec.gov)
2 points by spiderbro 4499 days ago
2 comments

Some highlights:

- $570mm net income generated on $1.9bln revenue in FY2013

- 128mm daily active users

- Candy Crush Saga accounts for 80% of gross bookings

Given those numbers a $10bln IPO valuation wouldn't be absurd.

If you read between the lines, it's the classic case of investors knowing it's the best time to cash out for their ROI.