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Slight correction in wording: "Zynga" doesn't really want it to be. The 2-5 or so guys at the very top of Zynga want it to be, because they think Zynga should
by Bud 15y ago
Slight correction in wording: "Zynga" doesn't really want it to be.
The 2-5 or so guys at the very top of Zynga want it to be, because they think Zynga should create a few more billionaires, instead of several dozen more millionaires. To wit, they think THEY should be made into billionaires rather than paying the folks who created the value of the company.
Hard to be shocked by this, since this has been the direction American business has been traveling in for a few decades now, but usually the PR side of it is handled better.
- rhizome 15y agoMaybe it's how he enjoys so much support in the business community: he's the canary in the coalmine who sacrifices his image to provide cover for other companies in the future to claw back and/or establish variable equity commitments. To us he's a useful idiot, to C-levels he's a valuable mercenary.
- rhizome 15y agoZynga principals == Zynga