Posts Tagged ‘Omgpop’

Omgpop posts
Kevin Rose moved to Google Ventures

Kevin Rose moved to Google Ventures

Kevin Rose has always been known as an “ideas guy”. His ventures haven’t always paid off as well as they could have with Revision3, Pownce, and Milk all selling for less than many would have thought and with Digg dropping out of prominence in the social news arena, but he’s tasted success with all of them at one point or another. Google is banking on that by moving him to Google Ventures after trying him out on the Google+ team for a short stint. Rose has had success in picking winners with a portfolio that has include Twitter, path, OMGPOP, and Foursquare. Three-year-old Google Ventures claims to have…

The $200 million "Draw Something" fad is ending

The $200 million "Draw Something" fad is ending

Someone should have seen this coming. Someone should have said something. After forking over $200 million to buy OMGPOP for the singular purpose of getting control over Draw Something, Zynga is wondering why 5 million daily active users (around 1/3rd of the total) abandoned the game last month. It’s a lesson in size and scope. People did see this coming. Zynga was told. They didn’t heed the warnings and saw something that they thought would have staying power. They thought of a clever advertising model that would have users drawing brands for a price to the brand. They had to do something because…

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