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Zynga IPO Goes SplatVille. What Happened?
- smspence 15y ago"What happened?" Investors just raised another $1 billion for Zynga. That's what happened. I don't understand the point of this article. The author is trying to make Zynga's IPO sound like a failure, when it is not.
- joezydeco 15y agoIt's a failure for any insider that got a chunk of stock and was hoping to flip it on opening day. "First-day pops in initial public offerings are almost axiomatic today. After all, IPOs are engineered that way" Whoops. Not this time.
- earl 15y agoThis is awesome. The way a typical IPO goes is asshole ibankers underprice the ipo then hand out blocks of shares to their preferred clients who pocket the pop. Every bit of price increase is money that should have gone into the pockets of the company and their investors. If you think this is an accident -- that they somehow make over and over again -- you're a sucker. Forgive me if I ignore a bunch of thieves whining about losing their free millions they feel entitled to. See eg Peter Thiel [1]. [1] http://www.businessinsider.com/peter-thiel-wall-street-screwed-linkedin-mispriced-ipo-2011-5 http://www.businessinsider.com/peter-thiel-wall-street-screw...
- adamjernst 15y ago100%, yes.
- losethos 15y agoIt's no god phone. God says... C:\LoseThos\www.losethos.com\text\DARWIN.TXT lowest savages. It would, indeed, have been a strange fact, had attention not been paid to breeding, for the inheritance of good and bad qualities is so obvious. UNCONSCIOUS SELECTION. At the present time, eminent breeders try by methodical selection, with a distinct object in view, to make a new strain or sub-breed, superior to anything of the kind in the country. But, for our purpose, a form of selection, which may be called unconscious, and which results from every one trying to possess a