Pretty much this, whenever I hear about rapidly expanding companies with shady histories all I can think is 'Dot Com Bubble Burst anyone?'.archvile93 said:I'm sensing an inevitable horrible crash and burn. These fast growth companies can never grow their bases quick enough to support their overall growth. Shady business practices also always seem to come back and bite the offending company in the ass.
Exactly what I am thinking, if Zynga doesn't diversify, then I wouldn't be surprised if in a year or two it'll become a butt of all our jokes. But their success is undeniable, but I would be hesitant to follow blindly after their lead if I was a head of a company.Blind Sight said:Pretty much this, whenever I hear about rapidly expanding companies with shady histories all I can think is 'Dot Com Bubble Burst anyone?'.
Do you really want Zynga in March Madness again after what happened last year?Xan Krieger said:Firstly let me change my pants.
*five minutes pass*
As much as I hate to admit this, I guess Zynga really does belong in March Madness. Even if they are a bunch of scammers we let Activision in and we know that's headed by Bobby Kotick.
"constantly changing" Really?Ben Gepfrey said:I have been playing Mafia wars for two years and Zanga does this because their games are constantly changing. They get you hooked and keep you there. I play lots of games but there are none that I play daily except the Zanga facebook games.
You called that one from a mile away.Loonerinoes said:the overwhelming majority of your fanbase can't spell your name and just want to keep clicking on facebook.
Well they are a legitimate game company, as legit as valve or bioware, we just need to remove the ability to vote without having been here for a few months and we need to remove the ability to vote from Facebook.Glademaster said:Do you really want Zynga in March Madness again after what happened last year?Xan Krieger said:Firstly let me change my pants.
*five minutes pass*
As much as I hate to admit this, I guess Zynga really does belong in March Madness. Even if they are a bunch of scammers we let Activision in and we know that's headed by Bobby Kotick.
OT: Well we will just have to see how long it lasts after all as far as I know Zynga is a privately owned company so you can't really put an accurate price on it comparitive to EA since it is not on Stock Market.
I would play that every day, especially if it didn't have those crappy eldar. I hate those things so very much.thiosk said:I just wish casual, social games were awesome. Like, can't there be a warhammer 40k casual social game?
It's based off of valuation of shares being sold on the secondary market. Most of the big, privately-held tech companies (Facebook, LinkedIn, Zynga, GroupOn, Twitter, etc) issue options to their employees. The employees can then sell those options to investors who want to buy shares before the company IPOs. Because these companies are required to provide certain financial data to prospective buyers, a fairly accurate estimate of the company's valuation can be determined.insanelich said:Critical research failure, I'm afraid.
The value of a privately held company? This is nothing short of guessing.
Move along, nothing to see here.