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July 18, 2012 10:17 pm GMT
Zynga founder and CEO Mark Pincus spoke at the Fortune Brainstorm Tech conference this morning, where he addressed some of the negative talk about the social gaming giant.First of all, Pincus said he didn't regret the timing of Zynga's IPO, even though the company's stock is now trading at well below its IPO price. However, Pincus said it's hard to think of a big consumer brand that was able to stay private, so he knew he'd have to go public at some point. In fact, he said that with so many employees and stakeholders, Zynga started trying to act like a public company well before the actual IPO.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WowfkQ5xxSQ/
Zyngas Mark Pincus: No Regrets On IPO Timing, Too Early To Know He Overpaid For OMGPOP
Zynga founder and CEO Mark Pincus spoke at the Fortune Brainstorm Tech conference this morning, where he addressed some of the negative talk about the social gaming giant.First of all, Pincus said he didn't regret the timing of Zynga's IPO, even though the company's stock is now trading at well below its IPO price. However, Pincus said it's hard to think of a big consumer brand that was able to stay private, so he knew he'd have to go public at some point. In fact, he said that with so many employees and stakeholders, Zynga started trying to act like a public company well before the actual IPO.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WowfkQ5xxSQ/
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