Sunday, December 11, 2011

Zuckerberg bites into Zynga IPO

Zynga has it's IPO on Friday. It has been called one of the most
anticipate IPO in years. So in the eleventh-hour Facebook holds up
the deal with Zynga such that the CEO personally meets till 2am with
Zuckerberg.

CEO Mark Pincus is no dummy. One can only wonder what kind of
deal he cut.... we know Facebook will get a "cut of sales"

http://mobile.bloomberg.com/news/2011-12-11/pincus-faceoff-with-zuckerberg-shows-fearsome-prelude-to-zynga-s-ipo-tech.html