Great Time For Start-Ups, Says Playfish Founder

Oct 31, 2010   //   by paulgreen   //   SME News  //  No Comments

Entrepreneurs should brush aside economic doom and gloom because now is a great time to start a company or sell a young business, according to leading European entrepreneur Kristian Segerstrale.

UK-based Segerstrale, who sold social gaming company Playfish to Electronic Arts for an initial $275 million (£173 million) last November, says that those running start-ups in Europe should stop being ‘shy’ and not be afraid to take on big business.

Adds Segerstrale, ‘Almost any business today can go out and be a dinosaur slayer. That’s what we decided to do with Playfish, take a $50 billion [games] industry and turn it on its head.’

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