Monday, July 4, 2011

Zynga's IPO filing shows utter dependence on Facebook

Zynga, creator of games like Farmville, Mafia Wars, and Words with Friends, has filed papers with the Securities and Exchange Commission in order to take the company public. The casual games giant hopes to raise $1 billion by selling stock. That may seem ambitious, but the filings note that the company enjoyed profits of over $392 million in 2010. The company shows no signs of slowing down, but the filing also reminds us just how much of Zynga's business is directly dependent on Facebook.

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Malin Akerman Melissa Joan Hart Bianca Kajlich Giulianna Ramirez Ashley Greene

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