According to a story in The Advertiser, entrepreneur Shane Yeend has sold two of the first board games he developed for $24 million.
“Fact or Crap” and “Battle of the Sexes” – which was Australia’s biggest board game and the sixth-largest board game in the US at one point – have been sold to Canadian toy company Spinmaster in a deal that involves earn-out clauses covering the next 18 years.
“It is a lot of money for a cardboard box,” Yeend said.
“It was the first thing that got us into the games business. So many people spend their lives trying to take games around the world – we are getting three or four out of 10, so it’s a good average.”
Photo by The Advertiser.
|100 People you Should Follow on Twitter in 2014|
|How the heck does the stock exchange work, anyway?|
|This Video Will Make You Wish You Were an Entrepreneur in the 1980s|
|The Chinese Train That Never Stops|
|Even the Shopping Cart Needed Marketing|
|Entrepreneurs Take Too Many Showers|
|Science is Cool, Even the Science of Christmas Trees|
|3D Print Your Unborn Baby|
|How to Attract Better Clients|
|The Economics of North Dakota’s Oil Boom|