Wednesday, June 29, 2011

Zynga $2bn IPO - FT.com

$850M revenues makes it a 23 times revenue bet. Social gaming, does this match the rest in the current gold rush?

Zynga set to rival networking peers with $2bn IPO - FT.com

"Marc Andreessen, the founder of Netscape and a venture capital investor in Zynga, said: “Zynga is an absolute phenomenon. Mark Pincus [Zynga’s chief executive] ... has an unbelievable vision for the next 10 to 20 years. "

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