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fighting the lack of good ideas

Category: finance

zynga and the [potential] folly of relying on others

Posted on 5 July 2011 By antipaucity

Zynga is getting ready to IPO. They’re the group that does “Farmville” and other games on facebook. The problem with their planned $1B IPO, though, is that they rely completely on facebook’s continued existence to make any of their earnings. Last year their profits were in the neighborhood of $400M. That’s a lot of dough….

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