(keitai-l) Re: RIOT-E goes belly up

I suspect there will be more.  Typically with markets like this the
first mover developers who are VC backed never really make it to a
public offering.  They usually get bought out by larger companies in the
industry and at this point given their capital expenditures for new
console development no publishers around are really going to dump big
change into wireless for a while which means the prospects of larger
scale acquisitions is nill and with no true exit strategy why would
anyone want to push forward another round of financing.  

- Ben Sawyer

-----Original Message-----
From: keitai-l-bounce@appelsiini.net
[mailto:keitai-l-bounce@appelsiini.net] On Behalf Of Mika Tuupola
Sent: Tuesday, March 19, 2002 5:12 AM
To: keitai-l@appelsiini.net
Subject: (keitai-l) RIOT-E goes belly up




	The inevitable seemed to have happened:

	http://www.riot-e.com/press/content_pressreleases.html

	the lesson? It is not enough just to make flashy deals
	on rights to use spiderman pictures. 

-- 
Mika Tuupola                      http://www.appelsiini.net/~tuupola/


This mail was sent to address bsawyer@dmill.com
Need archives? How to unsubscribe? http://www.appelsiini.net/keitai-l/