Today was the day many have been waiting for because Zynga officially started trading on the Stock Market. Many analysts predicted failure and recommended selling even before trading began. I won't pretend to know anything about trading. I found an article written by Robert Hof a contributor to Forbes. The article is titled Zynga IPO Goes SplatVille What Whet Wrong?. I assume this means things didn't go how Zynga wanted them to. Many are glad to see the initial failure. This is because people are not happy about the way Zynga treats their loyal player base. There was one line in the referenced article that puts a damper on the celebrating. Zynga is still laughing all the way to the bank with your money!
If Zynga CEO Mark Pincus can keep his company on track, a disappointing IPO pop will mean precisely nothing in the long term.
Jim Brown had some fun and created the following loot item called Karma IPO. Perhaps we will see it in a Crate.
Thanks to Bastian for posting the Forbes link on the fan page.
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| Article written by Jennifer Patterson, Creator of the MW Loot Lady Blog, The Mafia Wars Loot Lady Facebook Fan Page and Co-Host of The Informant Podcast. |
LOL.......Thanks Jen :)
ReplyDeleteThis would be a great Henchman Crate Item , people would most likely buy it just to have one.
Mark already sold some stock a couple months ago for 119million dollars, he is laughing all the way to the bank for sure.
ReplyDeleteLOL - I've missed Susan's humor
ReplyDeleteI wonder why Dynga isn't having a Big celebration with the opening of it's IPO?!?! :-p
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