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(Tech Crunch)   Zynga just paid $527M to replace 300 of its employees with a clumsy ninja   (techcrunch.com) divider line 15
    More: Interesting, Zynga, NaturalMotion, clumsy ninja, social games, Don Mattrick, delay of game, WWDC, CEO Mark Pincus  
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2187 clicks; posted to Business » on 31 Jan 2014 at 9:01 AM (38 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



15 Comments   (+0 »)
   
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2014-01-31 09:23:36 AM  
Which fat and disgusting mod is getting handsies to greenlight posts without a single comment on them?

Probably the same mods that are driving away viewers from Fark at a very steady rate.
 
2014-01-31 09:28:17 AM  
In other news, a company that hasn't posted a profit since 2011 is worth $2.9 billion and has $500 million to buy another company.
 
2014-01-31 10:03:57 AM  
Mattrick and Zynga completely deserve one another, it really is a perfect match.
 
2014-01-31 10:23:50 AM  

stuhayes2010: In other news, a company that hasn't posted a profit since 2011 is worth $2.9 billion and has $500 million to buy another company.


Yesterday, FB. Today, ZNGA.
 
2014-01-31 10:52:10 AM  
How is Zynga even relevant anymore?  Do they even have a fan base for their games?  King should take notice here, get out when the getting is good.
 
2014-01-31 11:13:32 AM  

stuhayes2010: In other news, a company that hasn't posted a profit since 2011 is worth $2.9 billion and has $500 million to buy another company.


The only reason ZNGA has $400M in cash with which to fund the NaturalMotion acquisition is because it still has $1.6B (down to $1.2B after the deal) of cash left over from its IPO.

TNel: King should take notice here, get out when the getting is good.


They have; King.com is widely rumored to be in the process of filing for an IPO.

King's biggest problem is that the Street has caught on to the likelihood that a lot of these names are one-hit wonders. This may have resulted in King delaying its IPO unless/until it can come up with another viral hit and in so doing, get a better valuation.

The trickiest part about this decade's tech is that the IPO process takes so long that most fads are already over by the time they can be brought to market. Sometimes it's better to hold out for higher prices, and sometimes it's better to exit with the valuation you have (or whatever valuation you can get), even if it's not the valuation you want.
 
2014-01-31 12:28:23 PM  
I've played a few levels of Clumsy Ninja, but is there really any point to just doing the same freakin' training over and over and over.   No battles?  Boss battle maybe.

Zzzzzz.
 
2014-01-31 01:08:40 PM  

Twilight Farkle: stuhayes2010: In other news, a company that hasn't posted a profit since 2011 is worth $2.9 billion and has $500 million to buy another company.

The only reason ZNGA has $400M in cash with which to fund the NaturalMotion acquisition is because it still has $1.6B (down to $1.2B after the deal) of cash left over from its IPO.

TNel: King should take notice here, get out when the getting is good.

They have; King.com is widely rumored to be in the process of filing for an IPO.

King's biggest problem is that the Street has caught on to the likelihood that a lot of these names are one-hit wonders. This may have resulted in King delaying its IPO unless/until it can come up with another viral hit and in so doing, get a better valuation.

The trickiest part about this decade's tech is that the IPO process takes so long that most fads are already over by the time they can be brought to market. Sometimes it's better to hold out for higher prices, and sometimes it's better to exit with the valuation you have (or whatever valuation you can get), even if it's not the valuation you want.


Unlike a few social media sites, I can see how one could believe a game company can have longevity. The wisdom would suggest that if you can make one compelling game you can make another.  This logic is false; of course, but only people who understand gaming know why.

Zynga games have no lasting IP loyalty or characters. Zynga games all rely on the same mechanisms (time crunches of monotonous behavior, and constantly recruiting new friends). While a casual gamer may get rapped up in Farmville, or another game, once that is run its course the odds that that player will think it not a waste of time to start over is slim. Zynga is what EA or SquareEnix would be if they started this decade instead of in the 80s.
 
2014-01-31 01:20:47 PM  
And yet a chick I went to college with who failed freshman calc 2 is still employed there AFAIK.
 
2014-01-31 01:35:50 PM  
People still play Mafia Wars?
 
2014-01-31 02:13:35 PM  

Nemo's Brother: Which fat and disgusting mod is getting handsies to greenlight posts without a single comment on them?

Probably the same mods that are driving away viewers from Fark at a very steady rate.


You'll get over it.

/not sarcasm
 
2014-01-31 06:33:02 PM  
http://www.naturalmotion.com/games/


This is the portfolio worth 500 million - a mildly fun phone game, a racing game I haven't heard of, a non-licensed NFL knockoff, a generic animal care game, and a digital version of a board game.

Wow. Zynga is quite the savvy shopper.
 
2014-01-31 09:27:55 PM  

Khellendros: Nemo's Brother: Which fat and disgusting mod is getting handsies to greenlight posts without a single comment on them?

Probably the same mods that are driving away viewers from Fark at a very steady rate.

You'll get over it.

/not sarcasm


I will or I will leave like so many already have.

/you're a tool
 
2014-02-01 12:14:17 AM  
I would think that Zynga's biggest IP by far is Word's with friend, but I would assume that 99% of the revenue for that is from ads.    Don't think I've ever played a game of theirs that I felt was worth putting money into. (Yet I'll admit I've been regrettably sucked in by some other Flash based MMOs)
 
2014-02-01 10:20:43 AM  
...and i just sold all my shares.

zynga is like the rich dick of your group.  they can buy people, they can shed people, and no one is quite sure how they got this successful.
 
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