Tag Archives: public

Zynga Levels Up

Social gaming gargantuan Zynga sets it’s IPO date for mid-December. Is this a historical “inflection point” representing the peak for the social gaming industry? Or is it just another step by Zynga towards world online gaming domination? Articles and analysis by:

Reuters Canada ” The IPO is expected to value the fast growing social gaming company at around $10bn, below some earlier estimates of as much as $20bn.”

New York Times ” In the first nine months of the year, the company notched $828.9 million in revenue, more than double the period a year earlier. It’s also profitable, earning $121 million since the start of 2010.”

Games.com “Zynga will reportedly ask between $8 and $10 a share on the Nasdaq under the ticker ZNGA–a fairly noticeable one, no?”

UPDATE: TechCrunch provides a short article regarding Zynga’s valuation and another with Zynga’s slides  here  Also, VentureBeat lists several reasons why Zynga’s street valuation tumbled pre-IPO.

MSNBC asks the question, “Is Zynga worth 9 $billion?”

NPR ” The big picture here is that Zynga is a rare instance of success in the social media landscape. That is to say, it’s actually making money”

memeburn ” The company’s games on Facebook have more than 200-million active users. In fact, four out of the top five games on Facebook are from the Zynga stable. ”

UPDATE: Dean Takahashi from VentureBeat takes an in-depth look at Zynga and CEO Mark Pincus .

TechCrunch discusses how Zynga got a fast start on the Facebook platform in 2009 and never looked back

Reuters provides an insightful look into the company as it prepares to go public.

TechCrunch writes that going into their IPO, Zynga has locked down the top 5 gaming rankings on Facebook.

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Filed under Facebook, social, social games, Uncategorized, Zynga

Zynga IPO: The Countdown Begins

Social gaming titan Zynga’s recent filing for an IPO later this year has captured the imagination of Wall Street. It’s success or failure in it’s debut and as a public company will have a far reaching impact on the entire industry. The following articles examine Zynga’s postion within the marketplace.

The Los Angeles Times  ” While Zynga has not yet priced shares for the public market, some investors are speculating that shares could be as high as $20 or more, which would give Zynga a market valuation of roughly $16 billion. “

Wall St. Cheat Sheet  ” Zynga CEO and Harvard Business School Alum Mark Pincus is demonstrating a very cunning business acumen, also accumulating $1 billion in cash reserves v. $234 million in liabilities. Other impressive stats for the company are its 2,000 employees, 148 million users (across 166 countries), and the fact that none of its senior management is under 40 years old (contrary to the usual fare for tech startups). “

The Huffington Post   ” Zynga sees its market opportunity in the context of: a) the growth of social networking; b) a culture of the “app economy” whereby developers have access to social network platforms; and c) A “free-to-play” gaming culture that allows users to play games for free, thereby attracting a broader set of users and a richer ecosystem for social interaction within the gaming environment. “

CNNMoney  ” The big remaining question for Zynga is how underwriters and investors value the its IPO. Initial reports valued the company at $10 billion. It would be very considerate of Zynga to list at that price and leave money on the table, but it’s not going to happen. Remember that LinkedIn, which is expected to make $420 million this fiscal year, was worth $9 billion on its first day of trading. By that measure, Zynga could debut and see its value rise above $20 billion. “

Forbes  ” Zynga’s valuation is high relative to its peers. While Zynga has yet to set an offering price, Zynga is valued at $15.4 billion on the SharesPost secondary exchange — more than Activision Blizzard (ATVI) and Electronic Arts (ERTS) — worth  $13.5 billion and $8 billion, respectively, according to Bloomberg. “

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