Chris DeWolfe (Photo by Robert Scoble via Wikipedia)

Chris DeWolfe, the University of Washington grad who went on to co-found MySpace, continues to reinvent himself as an online gaming entrepreneur. DeWolfe’s profitable company, MindJolt, has made two recent buys and is considering others as it looks to take on top-dog Zynga.

The company just purchased Social Gaming Network and Hallpass, with Tricia Duryee at All Things D reporting that the deals will give the upstart momentum in both social and mobile games. Meanwhile, DeWolfe tells The New York Times that the San Francisco and L.A.-based company plans to gobble up other entertainment and gaming companies in the future.

There’s been some speculation that DeWolfe also may make a run at his former employer, MySpace.

Social Gaming Network is a maker of mobile games for the iPad and iPhone, including Mini Tycoon Casino and Skies of Glory. The company raised $18 million in venture capital from a high-profile set of investors in 2008, which included Amazon.com founder Jeff Bezos, Greylock, Founder’s Fund and others,

Hallpass, meanwhile, is a maker of Flash-based games.

The acquisitions come amid massive disruption in the ways games are distributed and played as more game players move to mobile devices such as the iPad and iPhone. MindJolt now employs more than 80 people, with the sites attracting roughly 20 million users per month, according to The Times.

The purchase of Social Gaming Network marks the third startup company backed by Bezos that has found a buyer in recent days, joining Seattle’s Pelago (purchased by Groupon) and Silicon Valley’s Kosmix (gobbled up by Wal-Mart for a reported $300 million).

DeWolfe is not the only UW Husky on the team at MindJolt.  Aber Whitcomb, who also previously worked at MySpace, is serving as the gaming company’s CTO..

John Cook is co-founder of GeekWire. Follow on Twitter: @geekwirenews and Facebook.

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Comments

  • Guest

    Congratulations to Jeff Bezos! He’s literally on fire after three successful exits in 30 hours.

    • Guest

      On what basis do you think they’re all successful?

      Most would think of “getting out more than I put in” successful, not just “getting something left of what I put in”. And, it’s bonus points if what you get back beat inflation, too.

      In the case of at least two of the three of these that you refer to, I can guarantee the amount the investors got back is less than what they put in.

      • Guest

        Inflation has been negative for the past few years, George. As a result, Jeff’s investments would beat inflation if they were placed in empty pickle jars.

        I congratulate a man for achieving a return in a market that has established itself as the new growth area in technology. Most men simply do not. Jeff does.

        • Guest

          You’re delusional. CPI-U for 2010 was 1.5%, 2.7% in 2009, and only 0.1% in 2008. There hasn’t been deflation in the CPI-U, for example, since the mid-1950s.

          Bezos is indeed a genius, I worked for him (directly) at Amazon for three years. But the return on Pelago was a loss of at least 60% versus invested capital. Kosmix was almost certainly a win, though.

          • Guest

            Social Gaming Network? Blue Origin?

            George, your old boss is a winner this week.

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