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Zynga, Inc. Message Board

  • hold4triple hold4triple Jul 2, 2013 6:31 AM Flag

    We Open $3.37 & Don't Look Back

    Zynga just hired the goose that lays the golden eggs to run the company. In other words "another Steve Jobs".

    Zynga rightly sees it as a big day. No one has managed to figure out the business of social gaming yet, but if Mattrick does, it will be a clean sweep; he has already been a major player in the creation of many of the major trends in gaming over the last two decades. As a teenager in British Columbia, he began making games for personal computers, turning his work into a business he sold to Electronic Arts (EA) for $10 million in 1991. At EA he worked on fantastically popular games like The Sims and FIFA.

    Mattrick then joined Microsoft’s video game division in 2007, at a time when the company had some similarities to present-day Zynga—most notably, it was in big trouble. Microsoft was a distant second to Sony’s (SNE) PlayStation 2 and faced a surprising surge from Nintendo, whose Wii was mocked by serious gamers but turned out to be pretty popular among everyone else. Almost immediately, however, Mattrick began working on a motion-sensing gaming device for Microsoft. That project turned into Kinect, the fastest-selling consumer electronic device of all time, and cemented Xbox’s distinction as the most luxurious of gaming consoles.

    “He’s got a history of liking to move into organizations that have challenges,” says Van Baker, an analyst with Gartner (IT). And a history of rewarding investors who stick with him.

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    • would be nice, but traders get in and out, and the stock will have it's runs back to $10 eventually with the casino deals coming up. A solid floor is now in on the stock, the boys in the back room ie: Bing Gordon, John Doerr - they know what they're doing. Heck even Steven Speilberg commented on Don Mattrick's move to Zynga yesterday - now that's a big #$%$ deal, when Steven Speilberg is talking about Zynga lol

2.53+0.23(+10.00%)3:31 PMEDT