Christa Quarles Hired As CFO Of Playdom
Christa Quarles was a research analyst with Thomas Weisel. However there is a report that she has joined social gaming company Playdom as the company’s new CFO. Last year Quarles was ranked the fifth best brokerage analysts by Forbes. This indicates that Playdom is either interested in a buyer or is planning to go public sometime in the near future.
Playdom competitor Playfish sold to EA for $400 million. Another Playdom competitor Zynga.com is making hundreds of millions in revenues every year. Playdom’s business model has been proven by these two rivals. Playdom themselves raised $43 million in funding. The company is also inching towards $60 million in revenues this year.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry