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Monday, February 21, 2011

Zynga Mega Billions

If you happen to play Mafia Wars, or Farmville, or Cityville, and the list goes on then you already know who Zynga is. They are your Facebook drug dealer that you always feel the need to click and click and click and click. You click on the games so much that your computer mouse is an abused animal that puts you at the top of PETA’s hit list. I have a constant fear that the Zynga task force unit is going to break my door down on a daily basis. And yes I am addicted to Zynga online games.

Out on Wall Street, the folks at Zynga are up for a huge pay day with the company being valued at almost ten billion in an initial public offering. The number of visitors to the online gaming site is unreal at 275 million users per month. That leads the company to the street in their IPO to raise $500,000,000.00. That is a sweet payday for them.

Zynga, the company behind many of the Web’s most viral games, is in advanced discussions on an investment that would value the company at nearly $10 billion and could pave the way for an initial public offering next year.


Zynga has emerged as one of the fastest-growing companies on the Internet, propelled by the popularity of games like CityVille and FarmVille.

In CityVille, which began in December, users create and manage virtual cities, constructing buildings and collecting taxes.

The game, like most in Zynga’s stable, has flourished on Facebook, where it reigns as the site’s top-ranked game with 96 million active users a month, according to AppData. FarmVille is second, with 51 million players.

All together, Zynga’s games attract more than 275 million users every month on Facebook, making it the most popular gaming service on the platform and a major contributor to the social network’s revenue. – New York Times

I’m thinking that I need to create an online game at how fast you can bounce the checkbook. Or how about adding more duct tape to your vehicle so it passes inspection? Zynga has a gold mine thanks to all of the people addicted to Facebook but that was an article we already discussed here.

One thing is sure, Mark Pinkus, the big dog at Zynga will never have to worry about borrowing lunch money ever again. Good for him and all the people behind the scene at Zynga! I just wonder what level he is in Farmville, Mafia Wars and…


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