The valuation was good and so was the investor, so it became a smart strategic decision to take the money. It's always good to have a well-stocked war chest.
More Quotes from Greg Ballard:
This year, we'll see games based on musical acts that will be successful.Greg Ballard
The company was being bled to death by the lawsuit,
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One thing that the mobile-games business has learned in the past year is that brands without good games behind them don't do the industry very good and they don't do very well commercially. There's a lot of risk around doing those sorts of games. For a music label it might be worth the risk. For a game company, it might be a little scary.
Greg Ballard
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