Report: Zynga Valued at $7 - 10 Billion

February 18, 2011 -

Stories from All Things Digital and the New York Times report that Farmville and CityVille maker Zynga managed to raise $500 million in investment based on a valuation of $7 - $10 billion dollars. The Wall Street Journal contradicts that $500 Million, reporting that the company raised around $250 million.

All Things Digital claims that "Zynga has already raised more than $500 million from a panoply of Silicon Valley VCs, such as Kleiner, Andreessen Horowitz, as well as Russia’s DST Global."

The New York Times report goes on to say that the investment may "pave the way for an initial public offering next year."

Because Zynga is a privately owned company it is hard to gauge the exact amount of revenue and profit it generates each year. The last estimation, coming from the Wall Street Journal, puts the company at $400 million in profit from $850 million in revenue for 2010.

The latest estimate (from the Wall Street Journal) is that the firm generated $400 million in profit from $850 million in revenue last year.

Source: Develop

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Re: Report: Zynga Valued at $7 - 10 Billion

And this crystallizes all that is wrong in the world.

Re: Report: Zynga Valued at $7 - 10 Billion

So which is it?  Million or billion?

 
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black mantaRight. "Leave us alone to let us play our video games devoid of of deeper analysis and influence. They're just playthings." You do realize how damaging that is; potentially undoing everything we in the ECA have fought for to legitimize gaming?11/24/2014 - 8:50pm
Andrew EisenI have no idea what that means but hey, good luck with that and post a link when it's ready for prime time.11/24/2014 - 8:49pm
Wonderkarpno editorials unless absolutly necessary, no scored reviews. Reviews are going to be ambiguous ala classic Nintendo Power11/24/2014 - 8:47pm
WonderkarpI decided I'm going to pull the trigger on my website I've been working on. Getting some people together. I want to make a Gaming News Site that only cares about the Games.11/24/2014 - 8:46pm
Matthew Wilsonin the end, I dont think its a big deal.11/24/2014 - 8:44pm
WonderkarpRight, I'm not going to argue with Black Manta. I've already argued once today on the Internet. Thats one time too many. Anybody hear about the Star Wars Spinoff news?11/24/2014 - 8:43pm
black mantaIf it's imprtant at all.11/24/2014 - 8:43pm
black mantaI'm with Andrew. I fail to see how this really improves anything. The importance of this is overstated.11/24/2014 - 8:42pm
Matthew Wilsonit should be obvious what those links are, but more transparency is never a bad thing in my eyes.11/24/2014 - 8:42pm
Wonderkarpyeah.11/24/2014 - 8:41pm
black mantaAll I see is GG ruining everything it touches in the name of some misguided and twisted notion of "ethics."11/24/2014 - 8:41pm
Andrew EisenWell, unless this was something the FTC was already working on. And still, it remains to be seen what its guideline updates actually say.11/24/2014 - 8:40pm
Wonderkarpand other media I suppose11/24/2014 - 8:39pm
WonderkarpI repeat, Its concidered a victory because, if its true, then it shows they are causing change in (Changes) Journalistic Practices in Games Media.11/24/2014 - 8:38pm
Wonderkarpits not the easiest "Ethical Issue" to discuss. Its more trivial. I'm playing devils advocate on this one.11/24/2014 - 8:36pm
black mantaEthics in what? Advertising? All you're doing is needlessly complicating things. There's no "victory" in that.11/24/2014 - 8:35pm
WonderkarpIts just a article's title. Its concidered a victory because, if its true, then it shows they are causing change in ethics. We were discussing those ethics11/24/2014 - 8:33pm
Andrew EisenNot knowing what cards a retailer accepts beforehand can be a headache. Not knowing the site you came from to purchase a good gets a small percentage of the sale? I'm not seeing it.11/24/2014 - 8:32pm
black mantaFurther evidence that shows just how horribly misguided this movement is.11/24/2014 - 8:30pm
black mantaSorry, no. A little blurb stating the obvious is hardly a major "victory."11/24/2014 - 8:29pm
 

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