Zynga may soon name its price, as its IPO road show starts Monday
Zynga filed for its initial public offering (IPO) way back in June of this year, and it finally looks like it's time to pull back the curtain and start taking offers. According to Fortune, company CEO Mark Pincus will join COO John Schappert (of EA fame) and CFO David Wehner in the dog and pony show to get investors excited about diving into Zynga, or ZNGA as it will appear on the Nasdaq.
The creator of top social games like CityVille seeks to raise $1 billion as a result of its IPO. Some expect a valuation, or projected worth of a company based on several factors, between $15 and $20 billion. That would make Zynga not only the most valuable social games company in the world, but the most valuable game company. Period. Well, that is if investors can look past Zynga employees driven to tears under company pressure.
[Via Inside Social Games]
If given the chance, would you ever invest in Zynga? Do you the company could become the most valuable game maker in the world? Sound off in the comments. Add Comment.