Not to say that this valuation indicates a bubble but I find it interesting to compare it to the Moorhuhn Game Series which was popular quite a few years ago. Seems to have been the equivalent of Angry Birds in the early 2000's.
Propelled by the game's popularity, its Bochum-based publisher Phenomedia AG, who had acquired Art Department, went public in late 1999 at the height of the dot-com bubble and attained a market value of up to one billion Euro.
Propelled by the game's popularity, its Bochum-based publisher Phenomedia AG, who had acquired Art Department, went public in late 1999 at the height of the dot-com bubble and attained a market value of up to one billion Euro.
http://en.wikipedia.org/wiki/Moorhuhn