Comments on: Zynga To Raise $1 Billion From IPO http://paidcontent.org/2011/12/02/419-zynga-to-raise-1-billion-from-ipo/ The economics of digital content Thu, 20 Jun 2013 04:04:42 +0000 hourly 1 http://wordpress.com/ By: Jill Kennedy http://paidcontent.org/2011/12/02/419-zynga-to-raise-1-billion-from-ipo/#comment-86476 Fri, 02 Dec 2011 18:25:09 +0000 http://paidcontent.wp.gostage.it/2011/12/02/419-zynga-to-raise-1-billion-from-ipo/#comment-86476 Yet another example of an insane overvaluation of a tech company that sells digital pigs.  The egos that are controlling all these IPOs are decimating the industry.  Everything has to be $1 billion.  Millions are no longer good enough (thanks “Social Network”!) – the arrogance is stunning.  Well, today I declare my media company is now worth $1 billion!  (Because in today’s business climate – if you say it or put it in a press release, it’s true.)  

http://mankabros.com/blogs/onmedea/2011/08/03/onmedea-raises-50-at-a-1-billion-valuation/

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