Charles Forman didn’t think Zynga would actually buy his company. OMGPOP had fielded “a lot” of acquisition offers and investment opportunities before talks with Zynga approached their final stages.
“It was a stressful time because deals fall apart, deals fall through,” Forman recalled to Mashable last month in an interview for a larger story about founders following up successful startups. “I was just certain that the deal was going to fall through.”
But on March 21, 2012, Zynga announced that it had acquired OMGPOP, “makers of the popular cultural hit mobile game, Draw Something.” The price tag for the deal was reported to be around $200 million. Forman had already moved on to a new startup by that point, though he remained on OMGPOP’s board and personally gained tens of millions of dollars from the deal. Read more…
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