TECH CRUNCH – Nov 11 – Playdom, a
top social gaming developer, has signed a $43 million deal based on a
$260 million pre-money valuation. This is their first round of
outside funding. Playdom has 28 million monthly subscribers, 60% of
which are from MySpace and 40% are from Facebook. 70% of their
revenue comes from direct payments, 10% from advertising, and 20%
from offers. FULL ARTICLE @ TECH CRUNCH