Entrepreneur sold his two board games for 24 million dollars

Entrepreneur sold his two board games for 24 million dollarsMr. Shane Yeend has sold two of his very first developed board games for 24 million dollars. The board games were sold to a Canadian toy firm named Spinmaster after agreement of a deal which involves earn out clauses for next 18 years.

The two board games to the Canadian company are ‘Fact or Crap’ and ‘Battle of the Sexes’, the second one was the biggest board game of Australia and the sixth largest board game in the US at one point of time.

Shane Yeend has said that he was very happy with the deal and for getting the opportunity so quickly for which people spend their whole lives. He has also said that he is expecting for at least 10% growth in the game business in next one year but to reach there the gaming firms would have to survive with the business losses of the past.

He had attempted to sell his company for 180 million dollars in the year 2007 due to the global economic crisis but then changed his decision. Now he is feeling very happy with his decision and trying to promote the business.