% | $
Quotes you view appear here for quick access.

Zynga, Inc. Message Board

  • stkjk01 stkjk01 Oct 5, 2012 12:11 PM Flag

    ZNGA - from hot startup to life support

    Here are the culprit
    Wall st - Gave unrealistic valuations for IPO with zero regards to the inherent business risk with ZNGA's shaky business model
    Mr. Pincus - Unloaded bulk of shares at IPO price showing no confidence in his own company
    Employee confidence - Once the CEO showed no confidence, the employees who came looking for a huge payout jumped out of the sinking ship.

    I think Wall st ipo promoters and CEO should be held accountable for this disaster

2.03-0.06(-2.87%)Feb 9 4:00 PMEST