Business Insider messaged (a few times) to take issue with my quick hit on them yesterday. They note this in this story: “OMGPop Sold Way Too Early — They Left $800 Million On The Table”, they’re actually quoting someone else.
Just insert this one instead: Here’s Why $200 Million Is Cheap For Draw Something
It’s a robust three sentences of analysis linking to other analysis. And it’s the same basic idea: OMGPOP was dumb to sell — one year after their analysis that OMGPOP was crazy to think they could compete with Zynga.
Compete they did. Forced Zynga’s hand they did. It’s a great exit for everyone involved — entrepreneurs, investors, and Zynga. No second-guessing required.