The Walt Disney Company on Tuesday became Hollywood’s leader in the booming social game business by acquiring Playdom in a deal worth as much as $763.2 million.
Playdom is one of a cluster of tech start-ups that make simple online games and sell virtual goods — like a $2.50 outfit for a character in [...]

Quepasa.com continues to get record traffic and page views.  This bodes well for new membership signups and unique visits for the month of July.
The high profile political campaign is to be launched in mid-August, along with the previous announced 3.5 million dollar Ecological campaign.  These high profile campaigns will bring more visibility to Quepasa.
With gaming, [...]

Global revenue from the sales of virtual goods will reach $6 billion by 2013, according to Minneapolis-based investment firm Piper Jaffray, which isn’t too shabby for a product that has been deemed by many to be “intangible” or “non-existent.” To the contrary, consumers have shelled out millions for clothing, housing and miscellaneous gifts [...]

Quepasa Corp (QPSA) presented today at 10:40AM EST at the Sidoti Microcap conference in NYC.  Quepasa Corp owns (www.Quepasa.com), one of the world’s largest, trilingual, Latino social networks.
[View Power Point Here]
John did a great job presenting the story and it is quite impressive how far the company has come the last six months.  He is [...]

Quepasa Corp announced today the signing of $3 million in additional DSM (Distributed Social Media) advertising campaigns. This makes $7.4 million in DSM campaigns signed in 2010 YTD.  The company needs about $4.5 million in annual revenues to cover their $350,000/month burn rate, so these additional DSM contracts should catapault the company well into positive [...]

Skill based games are going to be the next generation of monetization on the net.  A skill based game is when skill is more predominant then chance so it’s not considered online gambling.  For example, if I’m playing an online game or video game against someone else whatever the type of game, we both put [...]

By now, most people in the social gaming industry have heard about “whales”, those players who spend massively on virtual goods and gifts in games like Mafia Wars or Happy Aquarium. Whales have become a significant source of revenue for social game companies, especially in [...]

Voiceserve Inc (VSRV): I’ve invested in 2 new companies and one of them is VSRV.  VSRV is a VoiP software company.  The company has been growing 10-20% quarter to quarter for the last couple years now.  If they continue at this clip, VSRV will be a very profitable company in a year and will likely [...]

Research firm Frank N. Magid Associates and in-game commerce platform PlaySpan report that 13 percent of the North American population (12 to 64 years) with internet access purchase digital goods, and that those consumers spent an average of $99 on those items in 2010 — a 14 percent increase over the average of $87 spent [...]

Last week Quepasa Corp (QPSA) announced a partnership (50/50 rev share) with Zoosk.com.  Zoosk is one of the leaders in online dating and this agreement could lead to quick monetization of Quepasa’s membership.  Here is a ThinkEquity report on Zoosk.com and a Q/A with its CEO.  Zoosk is growing revenues 20% month/month and values its [...]