PopCap Games May Go Public
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In an interview with Forbes' Oliver Chiang, PopCap Games CEO Dave Roberts confirmed that his company is gearing up for a possible initial public offering in the second half of 2011.
According to the Forbes report, "PopCap just took its first-ever round of funding, $22.5 million, last year in October," money which was used to capitalize on opportunities and fuel expansion.
Going public in 2011 could help the company expand exponentially faster, but apparently there isn't a lot of urgency to do so from the company's current ensemble of private investors.
“We’ll look at [an IPO] for the second half of next year,” Roberts told Forbes. Adding, “There are no investors pushing for it, so we will really only look at it if the markets align.”
Source: Forbes.
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