Comments on: Gree’s IPO and service outage

By: David

David — Sat, 10 Jan 2009 15:32:12 +0000

thanks it’s a great article

enjoyed it =)

By: Japan #2 social network Gree worth $1.2 billion? Are you kidding? | Blissful Japan

Tue, 06 Jan 2009 08:07:15 +0000

[...] from around the web: http://fukumimi.wordpress.com/2008/12/20/grees-ipo-and-service-outage/ Gree, Japan’s #2 (and original) SNS had its IPO on Dec 17th, instantly valuing the company at an [...]

By: fukumimi

fukumimi — Wed, 31 Dec 2008 09:14:39 +0000

Haven’t dug through the IPO prospectus, but I seem to recall that more than half of their revenues were from account subscriptions, which is in stark contrast to most of the other SNS sites.

Total number of IPOs in 2008 was 49.

Believe me, the economic downturn is biting hard here in Japan, and is going to get worse before it gets any better.

It is partly because the IPO market was so crap this year that Gree’s IPO was so eagerly awaited by private investors. It was basically the last major internet company which hadn’t IPO’d. If you can call a company with just $30M in sales “major”.

By: Avi Telyas

Avi Telyas — Sat, 20 Dec 2008 07:03:05 +0000

Thanks. Very interesting! As if there is no Economic Downturn,

Two Questions:
1) Did Gree mention how many Premium account they have? Earning Per “Channel”: Ads, Affiliates, Premium account
2) How many stocks were IPOd?

Avi