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Take-Two Interactive Financial Deep Dive (Pixels & Profits #6) ft. Eric Kress
GameMakers
The Importance of Credibility
I think he had a lot of credibility up until that point. He kept saying we can build a mobile business organically and with small tuck in acquisitions. And I think he felt like he couldn't do it without mobile. Zinga was the only acquisition that could get him there, I suppose. But no, I agree with that. It was just horribly timed, bad acquisition. They gave up 40%. That's crazy. JP Morgan and lion tree advise take two. What the fuck do they know about gaming? Right?"
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