Saturday, June 4, 2011
...Zynga
Earlier this week it was announced that Groupon was preparing to go public. While this was interesting it was not a huge wave maker, that and everyone is still waiting for Facebook to go public, it is sure to be as popular as Google was when it went public. But then Friday Zynga announced that is was going public and that was something that peaked my interest. Zynga does something, it makes games, games played by millions of people around the world. Zynga is estimated to be worth $14.5 billion due to hits like FarmVille, FishVille and Mafia Wars just to name a few. Zynga is sure to make a lot of money on its opening day. Unlike Linkedln and Groupon Zynga makes money. Groupn has lost $527 million last year and the 1st quarter of this year combined, and Linkedln only made $15 million last year and before that is virtually made no money at all. If you are a risk taker and like to make fast money I would seriously advise you to take all of your money and invest in Zynga when it goes public, I will. I am giving this news 2 Digits Up for sure.
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