3 thoughts on “Is Tetris Worth $137 Million?”

  1. Pingback: FayerWayer
  2. where do you get your data on jamdat? i look at the public filings and i see a very different picture: they indeed get ~$12MM rev/qtr, but they lose money on that revenue, or barely break even (see their P&L). More important, they are gushing cash — they had negative cash fklow of $6MM in Q4’04 (see their cash flow statement). Finally, they are diluting ~50% to buy Blue Lava, and forking out nearly their entire cash reserve ($60MM — see their most recent balance sheet).

    I wish these guys well, but jeez louise, the froth and hype surrounding cel phone games is a bit scary.

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