People don’t realise this. But the most ridiculous home business idea can make a looottt of Kaching!
You must have played the addicting game “Angry Birds” it was ranked the most popular and addicting game in 2010. If you haven’t where have you been?
Trema Holdings is the company behind Rovio, Father, Son nephew all are enjoying huge returns from the company CEO Mikael Hed’s father Kaj Hed, who is the owner of Trema Holdings, owns a major portion of the company which is approx. 70 percent. Son owns 0.6% of the company shares. Co-founder Niklas Hed owns 4.3% while, other investors Accel Partners and Atomico own 10 percent each.
Rovio’s valuation at the time of the company’s last $42 million investment in March was around $210 million. The company rejected the buyout offer from Zynga which shows its real worth. The offered amount was $2.25 billion. This means the company is worth more than that and majority owners own at least $1.57 billion. We don’t know about you but that’s a lot of Kaching. For a virtual bird business started in someone’s backyard. Lesson : there’s no such thing as a ridiculous idea.