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Zynga Sets Price Range For IPO At $8.50 To $10 Per Share, Will Raise Over $1B | TechCrunch
@Eugene Leafty
Their profit and user base is suffering because they put out bug laden products. Their games are so buggy that many users are scared to put money in the game because their experience tells them to expect a bug that will make that money a waste. It only hurts Zynga more that all these users are contacting their customer support to request help, but I will say that Zynga has pretty good customer support. Their user base would be dwindling even faster if it wasn't for the quality of their customer support.
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@George Kollias
Putting their dependence on the Facebook platform aside, something they are working on, Zynga is a company with healthy numbers, a robust plan and a bright future. I believe they will fare much better than the recent tech IPOs, and that they should.
@Frederik Verleye
When will they be available to buy?
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Trying to make money by investing in Zynga's stock is like waiting for money to fall from the sky. An easier way to earn money is to get hired by one of the big tech companies that are currently hiring. http://pnoy.me/ea
@Dustin Weirich
When all of their investers are selling that might be a clue that you should not be buying. Just a thought.
@Alexander Pak
Everybody is out, so why I should go in?
@Jerry Louis
Zynga is not growing and therefore does not deserve such a high revenue multiple. They invented a new measure of revenue in order to give the appearance of high growth when in fact there is none (see revenue vs. bookings in their S-1). Anyone who buys Zynga at a valuation > $2B is a sucker and will lose money. See this article dated 3 days ago from Forbes: http://www.forbes.com/sites/ericjackson/2011/11/29/should-you-buy-zynga-no-way/
@Mark Monroe
That is too insane. There is no way the company is worth that much.
@Anthony Trollope
Founder is not selling any shares. I wonder if that is under duress as investors seek a payout.
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