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There was some exciting news for the Russian social-game company Drimmi this week as creator Nikita Sherman and the other owners agreed to sell the startup to Webgames for an undisclosed amount of money. Drimmi, which was founded in 2009 and raised $4 million (3,1 million euros) just 6 months after its founding from Mangrove Capital Partners and ABRT, was perhaps best known for the fishing simulator “Gone Fishing”.
Now, however, Sherman and some of his partners in the company have decided that it’s simply time to move on from the mobile-gaming business. In an interview this week, Sherman explained to Startup Afisha that the decision to sell now came about as a result of the recent plunge of Zynga’s stock. When I talked with him yesterday, he explained further, saying that it’s become difficult to come up with attractive and enjoyable games and that market conditions don’t really look at that great.
Sherman says that, given the amount of time and money needed to create these mobile games, it became so that it just really wasn’t worth the effort anymore. Given Zynga’s recent struggles, it’s perhaps not surprising that Sherman and the other decided to pursue a different venture. I asked him about his future plans and he told me that he, Olesia Kuznetsova, and some other members of the marketing team are now working on a different internet-based venture (described vaguely as “an original idea of internet service”), and that they’re seeking seed money for the time being (Investor alert!).
The company posted a blog entry just a couple of months ago touting the company’s success (14 projects and 26 million users internationally) and, just over 10.5 weeks later, they announce that they’ve parted ways with Drimmi and will seemingly now move on to other projects. Game Insight remains an unchallenged Russian leader in global game publishing aiming at $150 million in 2012, according to VentureBeat.
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