Angry Bird’s Ravio valued at 9 Billion; who owns the most?

Angry Bird’s Ravio valued at 9 Billion; who owns the most?

I love to play Angry Birds and down load every new edition as soon as it is released. Ravio is certainly a model that mobile game developers yearn to follow. But how much is it really worth and who owns most of the stock.

Check out this article from TNW – The Next Web by Robin Wauters.

Moble App consultant J.R. Atkins comments on Rovio's ownership and valueAngry Birds is most certainly a fun game, but it’s also turning into a huge franchise that is apparently poised to make some Friendly Fins a sizeable chunk of cash.

Finnish financial magazine Arvopaperi this morning revealed parent company Rovio’s ownership structure, based on public information from the country’s governmental registry. Let’s take a look, shall we?

Here’s a shareholder list, shamelessly copied from ArticStartup (with permission):

Kaj Hed / Trema International Holdings BV — 69.7%
– Niklas Hed — 4.3%
– Peter Vesterbacka — 3.1%
– Mikael Hed — 0.6%
– Employees — 1.3%
– Accel Partners — 10%
– Atomico Invest — 10%
– Felicis Ventures — 1%

The most striking thing about the structure is that someone actually holds a 69.7 percent stake in the fast-growing entertainment company, and that someone is chairman Kaj Hed, also the founder of investment firm Global Inter Partners.

Kaj Hed is the father of Rovio chief exec Mikael Hed, who is in turn the cousin of COO Niklas Hed. The management team is rounded out by globetrotter Peter Vesterbacka, Rovio’s CMO, who has acquired a 3.1 percent stake over the years.

Together, the Heds hold a nearly 75 percent stake in the company, and including Vesterbacka’s share, the management team controls 77.7 percent of Rovio.

It’s remarkable that Mikael Hed, who co-founded the game development studio in 2003 and has been its CEO for years, holds ‘only ‘ a 0.6 stake, but I assume there are agreements in place within the family to make sure the man is – and will continue to be – adequately compensated. 🙂

If Rovio is indeed currently valued at up to 9 billion dollars, that 77.7 percent translates to roughly $7 billion on paper between the four of them (at the high end of the company’s estimated value, to be perfectly clear).

Recent investors Atomico and Accel Partners together hold a 20 percent stake, while Felicis Ventures, the U.S. venture capital firm founded by former Google exec Aydin Senkut, has a 1 percent stake. That leaves 1.3 percent for Rovio employees.

As ArcticStartup points out, that means the post-money valuation of Rovio was $210 million when Atomico, Felicis and Accel pumped $42 million into Rovio.

For the record, Rovio is planning to go public. According to some reports, the company is even plotting an IPO in Hong Kong as early as next year.

 


If you like Instagram, you’ll love the related Apps

Dallas social media speaker J.R. Atkins likes the Instragram AppNancy Messieh of “The Next Web” did a great job of compiling a list of related Apps for Instagram, the photo sharing and filtering App for iPhone.

“You know an app is on its way to going mainstream when a major brand like Starbucks has its own account. There’s simply no denying Instagram‘s popularity. In fact, it looks like the app just got a little bit more popular when Justin Bieber shared an image of LA traffic using Instagram.”

The List:

Inkstagram gives you the missing web interface that Instagram so desperately needs.

Pictarine gives you a unique way to browse your own Instagram photos, along with photos from other online services including Flickr, Facebook, Picasa and Twitter.

ExtraGram is another site which gives you the means to keep up with your feed, with popular photos and to interact with other users in a browser.

Webstagram lets you keep up with your feed as well as see the latest popular photos on Instagram.

Gramfeed gives you a web interface making it easy to get to all of Instagram’s features in your browser.

Mac users can bring the Instagram experience to their desktop with Carousel, an app that allows you to interact with other users, comment and like photos, as well as follow and unfollow other users.

Flipboard makes it easy to keep up with your Instagram stream, and like Instagallery, takes advantage of the iPad’s larger screen.

InstaFB is an easy way to connect Instagram and Facebook in a much more efficient way than what Instagram provides.

Gramjunction gives you a visually appealing way to display the images that you’ve shared on both Instagram and Flickr.

Instadrop allows you to backup all of your Instagram photos using Dropbox. After connecting the two services, any photos you share on Instagram will be automatically saved to your Dropbox folder in real time.

Since there’s no easy or direct way to do this just yet, Edward Boches came up with a workaround to share your Instagram images with your Google+ followers in real time.

Insta-Great displays a slideshow of popular photos on Instagram.

Heroku allows you to to search Instagram photos, and you can also narrow down your results to photos taken using a specific filter.

Instagallery is a $1.99 iPhone, iPad and iPodTouch app which lets you keep up with your friends’ photos, view your own photos and your favourites.

Cartagr.am lets you browse Instagram photos based on location.

InstaCat has to be one of the most niche Instagram websites available and it displays photos of only one thing – Cats.

If you’re more of a dog person, InstaPuppy will bring you all the puppy-goodness found on Instagram to your browser. InstaPuppy does also have it’s own kitty sister site, InstaKitty, if the constant scrolling in InstaCat proves to be too much for you.

Instarium is a flash-based screensaver which you can download for your Mac or Windows computer.

Screenstragram is another screensaver which displays the latest popular Instagram photos, but it is currently a Mac only download, compatible with Snow Leopard and up.

Instagrid allows you to create a pretty slick online gallery of your Instagram photos.

Instawar pits Instagram photos against each other in a little game where two random images are displayed side by side.

Pic-a-Fight is similar to Instawar, minus the ability to create a diptych. You can add your own photos into the mix by connecting your Instagram photos.

Instaprint is one of the coolest ideas we’ve seen emerge as a result of Instagram’s popularity. If you have a special event or party, rent Instaprint’s special Instaprint Box. Each box is associated with a specific location or hashtag, so any photo tagged with either will be automatically printed. Instaprint is kind of like a photobooth and Polaroid camera all rolled into one

Instagoodies will provide you with a book of 1 inch stickers created using your Instagram photos.

Instamaker will turn your Instagram photos into t-shirts, mugs and postcards.

Stickygram turns your Instagram photos into fridge magnets.

If you’re looking for a way to print Instagram photos, Printstagram gives you a ton of cool options.

TeenyTile gives you a way to turn your Instagram photos into a cute little 2 inch ceramic tiles.

Postagram is an iPhone, Android and web-based app which allows you to send your Instagram photos as postcards.

If the smaller sticker size available from Prinstagram and Instagoodies doesn’t suit your taste, you can use ArtFlakes to order large 4 inch stickers using your Instagram photos.

With Keepsy, you can create a gorgeous book of your Instagram photos. In addition to Instagram, the site also supports Picasa, Flickr, PicPlz and Facebook, as well as the ability to upload photos from your computer.

For $19, HatchCraft will let you create a Boo Box simply by entering the url of your Instagram photo. A 4 inch print of your photo will be placed in a gorgeous bamboo shadow box to frame your photo.

Instaport makes it easy to download your Instagram images to a zip file, and a direct export service to Facbook, Flickr and RSS is in the works.

CopyGram works in the same way as Instaport, allowing you to download all of your Instagram images as a zip file, in addition to providing you with an easy-to-remember vanity url with your username.

 

 

 

 


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