Do gambling and Facebook games go together?
Social gaming giant Zynga has hired Electronic Arts’ top mobile and social executive Barry Cottle as Zynga’s new executive vice president of corporate and business development.
Guest Post The predictions I made for 2011 turned out pretty well, since I framed things like any good fortune teller or horoscope would have done. I was vague enough to allow flexibility but detailed enough to sound spot on. I would say I hit four for four:
As the founder of Social Gaming Network, Shervin Pishevar squared off against Zynga in the early days of social gaming. But Pishevar veered off into iPhone gaming while Mark Pincus stayed put on Facebook with social games.
Zynga’s initial public offering wasn’t as popular as the company hoped, with the stock closing at $9.50 a share, down 5 percent from its offering price of $10 a share.
To mark Zynga‘s stock-market debut, we’re releasing a 63-page e-book on the history of the company.
Zynga chief executive Mark Pincus rang the opening bell — in a virtual way, from Zynga’s headquarters in San Francisco — as trading began for Zynga’s initial public offering today.
With the IPOs of Zynga and Nexon this week, the social and online game industries have their first billion-dollar public offerings. May many more follow.
After months of delay, social game maker Zynga is finally about to go public. The company priced its stock moments ago at $10 a share, the upper-end of the price range.
Zynga is expected to go public any day now. The social game maker could raise more than $1 billion at a valuation of $8.9 billion as it seeks to spread its social games to all platforms where gamers congregate.
Zynga co-founder and chief executive officer Mark Pincus said today that his company could double its number of paid subscribers.
Zynga plans to raise around $850 million to $1.15 billion at a $5.9 billion to $6.99 billion valuation in an initial public offering that will be priced on Dec. 15 and begin trading the next day. Counting options, the value would be $7.6 billion to $8.9 billion.
Guest Post Three years ago, Mark Pincus told me that he was going to make Zynga more valuable than EA within five years. It took him only two.
Social game maker Zynga is reportedly planning to go public on Dec. 15 at a valuation of $10 billion, according to a report by Reuters.
Zynga‘s tens of millions of regular players and burgeoning revenues have many investors excited about its fast approaching Initial Public Offering, but Take Two CEO Strauss Zelnick is definitely not one of them.
The claws are out for Mark Pincus, chief executive of social game maker Zynga, today. First, the New York Times published a negative story on a potential talent drain at the social game company. Now Glass Door, the career services firm, says that Pincus has a 46 percent approval rating among his employees.
Social gaming powerhouse Zynga has been the buzz of the blogosphere today and the star of a back-and-forth over whether the startup is being equitable with how it hands out (and possibly takes back) equity to employees.
Zynga may be losing some ground after spending years completely dominating the Facebook social gaming market.
Zynga made some changes to its accounting and disclosed new stock repurchases, setting off alarm bells at one analyst firm that studies the value of private companies.
EDITOR’S NOTE: Each week, I’m writing a column on business and technology called The DeanBeat, while executive editor Dylan Tweney is writing a column on business and technology called Dylan’s Desk. They are available to newsletter subscribers a whole day before they appear on the VentureBeat website.
Editor's Pick Mark Pincus, chief executive of Zynga, has been out of the public eye for months, mainly due to regulatory restrictions on what CEOs of companies filing for initial public offerings can say in public. But yesterday, he finally got on stage for Zynga’s big games rollout.
Zynga is announcing 10 new social games today, , showing off the firepower of the company recent acquisitions of game development talent.
Social gaming company Zynga today unveiled Zynga Direct, its new online distribution service. It will give Zynga a way to deliver its games to players on computers or mobile devices, without having to go through Facebook.
As part of a big game platform Zynga is announcing today, the company is launching three new titles that will run across platforms and can be embedded in Facebook’s new mobile iPad app. The three new games use the HTML5 web platform format so they are compatible with any mobile device and the web.
Editor's Pick LinkedIn cofounder Reid Hoffman might be one of the most successful entrepreneurs to emerge from the post-dot-com era, and today he shared some of the secrets to his success.
Social game maker Zynga is remaking its stock rules to give chief executive Mark Pincus 70 times more voting power than the shares that will be sold in its planned initial public offering, according to Bloomberg.
Facebook game developers were furious when they found out about the tight relationship between Facebook and Zynga.
[Updated: Facebook has made a statement about the filing.]
Social game maker Zynga has outed its minority investors, which stand to make some serious cash off the company’s upcoming $1 billion initial public offering, according to a recent filing with the Securities and Exchange Commission.
Zynga founder Mark Pincus (pictured far left) will benefit the most from his company’s planned initial public offering, according to Zynga’s SEC filing.
Social games maker Zynga, the developer behind smash hits like FarmVille and CityVille, has raised a total of $845 million in its four years of operation, according to its S-1 filing with the Securities and Exchange commission on Friday.
Social games maker Zynga, the developer behind smash hits like FarmVille and CityVille, filed for an initial public offering on Friday. It is one of the largest initial public offerings expected this year, alongside group-buying site Groupon.
Massively popular social gaming company Zynga today filed for a $1 billion IPO along with some staggering numbers, including that the company had already earned $90 million in profit in 2011. The filing also revealed what sort of compensation the executive board earned in 2010.
Social games maker Zynga, the developer behind smash hits like FarmVille and CityVille, filed for an initial public offering today, according to a filing with the securities and exchange commission.
Social games maker Zynga, the developer behind smash hits like FarmVille and CityVille, filed for an initial public offering on Friday, according to a filing with the Securities and Exchange Commission.