What I love seeing are people who have a mobile and web strategy that work together. I haven’t seen it done well that many times. We believe that on the web, there is no limit. There is no geographic limit. But with mobile, there is a geographic limit. We look at just the example of, look at the valuation of Ngmoco versus Zynga. Zynga’s revenue financial is much higher because they are on the web. I do believe the multiples are better on mobile, but I do think that someone is going to marry those two, and that’s the concept that I am looking for.
Patrick Cheng, SK Telecom Ventures
