Zynga Inc. IPO
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Zynga Inc. IPO
Deal size: The San Francisco developer of online games CityVille and FarmVille sold 100 million shares at $10 each, raising $1 billion. It was the largest IPO for a U.S. Internet-related firm since Google Inc. raised $1.66 billion in August 2004.
First-day pop: Zynga stock finished its first day of trading on Nasdaq at $9.50, down 5% of its value. It traded as high as $11.50 shortly after the session opened, but soon deflated, falling as low as $9.
2010 revenue: $597.5 million
2010 net income: $90.6 million
Employees: More than 2,000
Audience: More than 150 million players from 166 countries
Source: Los Angeles Times research
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