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While I love the snark... is Zynga "failing?" My initial reaction is that this is the same kind of knee-jerk reaction that says Facebook is somehow doomed and
by obviouslygreen 13y ago
While I love the snark... is Zynga "failing?"
My initial reaction is that this is the same kind of knee-jerk reaction that says Facebook is somehow doomed and irrelevant.
I think this is good and worth reading, but the title is hyperbole, and if they're actually concluding that Zynga is done, it's premature. The term "right-sizing," used in another article quoted here, is at best manager bullshit; however, it's not necessarily wrong in this case.
I dislike many of the things they do and have done, but "napkin math," particularly prefaced by "basic," is pretty much Tarot card valid. Like so many unsavory companies and ventures of questionable value before them, Zynga has a serious user/cash/revenue base, and it entirely remains to be seen whether they're just hemorrhaging value or whether they're actually making moves that will keep them solvent and push their business forward.
- ripter 13y agoTitle is link bait, but he never claims Zynga is dying. > I don’t think Zynga fades into the sunset. They are going through tough times, but they’re not done. Zynga still makes money. (In fact, they could do a smart pivot and get into the data center game, though that is another race to the bottom.) I read all the knee-jerk reactions to Facebook and Zynga as the next IBM/Yahoo/etc. They not the monsters they used to be. Now they have to find a way to exist in a world that no longer revolves around them.