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JUN 18, 2013 - Business Insider

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Why You're Absolutely Right To Think The Candy Crush IPO Is A Terrible Idea

Many people are baffled as to why anyone thinks it would be a good idea for King, maker of the super-addictive mobile phone game Candy Crush Saga, to file an IPO. Bad things happen to mobile game companies who want to sell equity on the stock market, as Zynga has recently discovered. But then you hear about the guys who made Bejeweled — acquired for $700 million-plus in 2011 — and it becomes clear. Perhaps Candy Crush is the new Bejeweled, and perhaps King is the new PopCap.That, obviously is the temptation.Unfortunately, the odds are going to be against King. Here's ... Read More

Tags: Why You're Absolutely Right To Think The Candy Crush IPO Is A Terrible Idea,  Accel Partners Latest News