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Great article. Did anyone go to google finance and notice that Zynga took out a 100 million dollar loan? http://www.businessweek.com/news/2012-07-30/zynga-gets-

Great article. Did anyone go to google finance and notice that Zynga took out a 100 million dollar loan? http://www.businessweek.com/news/2012-07-30/zynga-gets-100-million-loan-financing-for-corporate-purposes http://www.businessweek.com/news/2012-07-30/zynga-gets-100-m... Have they blown through a ton of cash and are worried about dipping into their reserves?

trimbo 14y ago
Wow. That's really interesting news. They raised $1bn in the IPO. Their current assets have dropped from $2bn at the time of the IPO to $1.4bn today -- so half a year. Balance sheet: http://www.bloomberg.com/quote/ZNGA:US/balance-sheet http://www.bloomberg.com/quote/ZNGA:US/balance-sheet [edit] They did buy their HQ though for $250MM, which explains some of the transfer of short term to long term assets.