36 ms·
Uh, what? Zynga is making $50M per month: http://www.engagedigital.com/2010/05/14/zynga-revenue-estimated-at-50m-per-month/ http://www.engagedigital.com/2010/0
by webwright 16y ago
Uh, what?
Zynga is making $50M per month: http://www.engagedigital.com/2010/05/14/zynga-revenue-estimated-at-50m-per-month/ http://www.engagedigital.com/2010/05/14/zynga-revenue-estima... (they've raised $500M).
Foursquare is a bit farther from monetizing... Not sure if I'd bet on them but they would be nowhere without the FB/Twitter platforms under their feet. But they've raised ~$20M on a rumored $100M valuation.
That isn't debt. In both cases, the companies sold a small minority stake of ownership for a huge pile of cash into the company coffers.