Tag Archives: valuation

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

7-9 BIIIIIIIIIILLLLIIIIOOOOON!!!!

Zynga’s recent funding round indicates a valuation of approximately 7-9 Billion dollars. Articles and analysis from:

Benzinga ” Zynga, the developer behind the popular CityVille and other online social games, is reportedly in talks with investors about a round of funding worth $250 million that could value the company between $7 billion and $9 billion. ”

The Wall Street Journal ” The huge audience for its games—Zynga has a total of 275 million active monthly users across all its titles—helped Zynga generate about $400 million in profit last year on approximately $850 million in revenue, said another person familiar with its finances. “

VentureBeat ” Zynga doesn’t need a lot of money for operations, but it has been buying about one company a month to acquire new developer talent so that it can keep making better and better games. To date, Zynga has raised $360 million from investors, not counting a rumored Google investment that was never announced. “

VatorNews ” Zynga is widely considered the most successful developer on the Facebook platform, with four titles to its name in the top ten: Cityville, FarmVille, Texas HoldEm Poker and FrontierVille. CityVille alone draws 96.3 million monthly active users. In total, the company serves 275 million monthly active users. ”

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Filed under CityVille, Facebook, FarmVille, gaming, Mafia Wars, social games, social networks, Virtual Currency, virtual goods, Zynga

Google gobbles up Slide

Social game and application developer Slide is acquired by Google. How will Google leverage Slide’s technology for their new Social Network? Articles and analysis from:

InventorSpot ” Google Wave was not the answer, whereas Slide and Zynga appear to be the right moves if Google is ever to gain traction in this space.”

TechCrunch ” And sources also tell us that this is not the last move Google is going to be making to cobble together a serious social gaming and apps strategy to counter Facebook.”

CNET ” Slide founder Max Levchin, one of the co-founders of PayPal, was one of the subjects in Lacy’s 2008 book, “Once You’re Lucky, Twice You’re Good: The Rebirth of Silicon Valley and the Rise of Web 2.0.”

Fortune ” SAI says the deal was closer to $228 million…still not an incredible return on the rumored $78 million in total venture capital it received.”

GigaOM ” If Google is really trying to go social and get on the social gaming bandwagon, this deal is comparable to buying a Kia and hoping it can help you race past a Mercedes AMG 65 on the Autobahn.”

BusinessWeek

eWeek

Los Angeles Times

CNN Money

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Filed under Facebook, Google, Slide, social games, Zynga