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Do LinkedIn + Zynga = Bubble?
Posted By Minda Zetlin On May 31, 2011 @ 10:30 am In Gaming,Internet and Online Business | 1 Comment
In case you were nostalgic for the heady days of the huge tech IPO, LinkedIn’s launch last week will be followed soon by an IPO for Zynga, maker of Farmville and other games of that nature. Observers are expecting its opening share price to be over-the-top, especially since Zynga valued itself at $10 billion. That’s $1 billion more than LinkedIn after its share price doubled.
Not surprisingly, some observers are wondering whether the current round of frenzied buying will be followed by a burst bubble as it was a decade ago. Maybe, but at least Zynga is actually profitable, to the tune of $400 million.
Read more on The Economic Times. 
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URL to article: http://technology.inc.com/2011/05/31/do-linkedin-zynga-bubble/
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 The Economic Times.: http://economictimes.indiatimes.com/articleshow/8577413.cms
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