The Mobile Candy Is Turning a Bit Sour

摘要

A year ago, Kevin Chou decided against an initial public offering for his company, Kabam, which makes smartphone games based on popular Hollywood franchises. Instead, the chief executive officer opted to let employees and early investors sell $40 million worth of stock to investors, a move that didn't subject Kabam's finances to public scrutiny on a quarterly basis. "We've kind of taken the need for an IPO off the table," says Chou. It was the second time Kabam had done that in two years.