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(Reuters) - King Digital Entertainment Plc, maker of hit mobile phone game "Candy Crush Saga", expects to be worth up to $7.6 billion when it goes public this month in the United States, amid concerns about its over reliance on the game.
"King has only has 665 employees and parcels development out to small, autonomous teams of designers working with a "startup" mentality. Last year, the company spent $110.5 million on research and development, roughly 6 percent of sales."
“I have spent over three years working on this game as an independent app developer. I learned how to code on my own after my mother passed and CandySwipe was my first and most successful game; it’s my livelihood, and you are now attempting to take that away from me. You have taken away the possibility of CandySwipe blossoming into what it has the potential of becoming. I have been quiet, not to exploit the situation, hoping that both sides could agree on a peaceful resolution. However, your move to buy a trademark for the sole purpose of getting away with infringing on the CandySwipe trademark and goodwill just sickens me.”
Update: Feb. 22 2014
Wow! Thank you everyone for the overwhelming support over the last week. It means so much. Never expected this kind of response. -Albert
I dont understand why young people like Mark Zuckerberg waste their time, money and energy on trying to achieve more than they already have.