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Changyou IPO a success
I reported on the imminent IPO of Changyou earlier in the week, and it appears to have gone well.
Chris Nuttall of the FT saysthat the Changyou IPO priced at the top of the range ($16), and that the shares had risen 25 per cent by the end of the first day’s trading.
A good result for Changyou and Sohu.
About Nicholas LovellNicholas is the founder of Gamesbrief, a blog dedicated to the business of games. It aims to be informative, authoritative and above all helpful to developers grappling with business strategy. He is the author of a growing list of books about making money in the games industry and other digital media, including How to Publish a Game and Design Rules for Free-to-Play Games, and Penguin-published title The Curve: thecurveonline.com
Watch Nicholas Talk at Pocket Gamer Connects London 2016
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