Deconstructor of Fun cover image

TWiG 228 - Sega Buys Rovio! Monopoly Go feels the Love! CoD Warzone Goes P2W!

Deconstructor of Fun

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The Mistakes of Rovio

The value of Rovio was like 2.2 times revenue, 13 times EBIT when it went public seven years ago. This is a far cry from their valuation that they expected when they were able to do that. For Sega, I think they get a Western developer for relatively reasonable price with an amazing IP. But my only real concern here is there's absolutely no synergies here."

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