TECH Bits: Microsoft’s Mojang Deal A Bet On Community Building?
Lots of eyebrows shot upward this week on the news that Microsoft would spend $2.5 billion to buy Mojang, a little Swedish company that happens to be behind the big game franchise Minecraft. And maybe they should have. Digi-Capital's analysis of the deal suggests Microsoft spent at least twice as much for Mojang compared with other one-hit-wonder game companies. Just take a peek at their chart showing ratios of price to sales, and profits to sales, for Mojang and some… Read