Zynga to sell 43M shares in secondary offering, bought OMGPOP for $180M

Zynga filed a revised S-1 this morning with the SEC that contained a number of interesting details. It pegged the price of its recent purchase of NYC game company OMGPOP at $180 million. The filing also revealed the company will sell just under 43 million shares in a secondary offering. And while CEO Mark Pincus is offloading about 15 percent of his shares, his voting power will stay very much intact.

Senate passes crowdfunding bill, wisely adds protections for less sophisticated investors

With a 73-26 vote, the U.S. Senate brought my dream of a bonsai pet business one step closer to reality today. The bill added some much-needed requirements to the JOBS Act that passed in the House of Representatives, giving the SEC more authority to protect the less sophisticated investors who might want to help fund a new business venture.

The opposite of Goldman Sachs is … Silicon Valley?

In the wake of Greg Smith’s now-legendary resignation in The New York Times, worldwide scrutiny has naturally focused on Goldman Sachs. How will his assault on the bank’s culture impact its clients and its leadership? Is his description of the firm fair? However, these are merely superficial questions. The true implications are far broader and affect the prospects for economic growth across America and the world.