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FarmVille’s Parent Company Valued at $1 Billion?

Mashable  Nov 23 09

While some of us might be willing to pay to make Facebook games like FarmVille and Mafia Wars go away, it appears that Wall Street has other ideas.

Specifically, an analyst with Pacific Crest Securities tells Bloomberg that “If the IPO [for Zynga] were timed to price around mid-2010 or later, our expectation would be for a billion dollar or greater valuation.”

That number is based on the recent deal that Electronic Arts made to acquire Playfish for up to $400 million, a multiple of 3-4x its revenue according to another analyst cited in the report.

Insanity? Perhaps, but Zynga has shown no signs of slowing down and seems to be able to replicate the same concept over and over again successfully. Full story...

More stories from mashable »

Google Buzz: Competitors and Experts React

Mashable  2 hours ago

It’s no shocker that the web is buzzing about Google Buzz (terrible pun intended), Google’s most aggressive push into social media yet.

5 Ways Airlines and Hotels Can Drive Revenue with Social Media

Mashable  3 hours ago

Shashank Nigam is the CEO of SimpliFlying.com, an award-winning blog on airline branding. He tweets at @simpliflying.

Google Buzz: The Official Demo [VIDEO]

Mashable  4 hours ago

Google has just unveiled its latest attempt to become more relevant in the social media space: Google Buzz.

BREAKING: Google Goes Social with Google Buzz

Mashable  5 hours ago

It’s official: Google has just announced Google Buzz, its newest push into the social media foray.

Facebook Kills Lexicon, Focuses on Analytics for Page Admins

Mashable  5 hours ago

Facebook has removed its Lexicon analytics app, blogger Steve Rubel noticed last night.

Don’t know what Lexicon was? That’s OK, a lot of people didn’t; it was announced very quietly, but it was a neat tool.

7 Ways to Promote Your Offline Event Using Social Media

Mashable  5 hours ago

Susan Payton is the President of Egg Marketing & Public Relations, an internet marketing firm.

WordPress To Posterous Users: Graduate to a Full Blog

Mashable  5 hours ago

In an effort to remind you that WordPress can be just as flexible and e-mail-friendly as Posterous, the company has released a Posterous importer for users who want to “graduate” from the mini-blogging site to “a full blog with the features, flexibility and reliability of WordPress.

Bonnaroo Lineup Announced on MySpace

Mashable  6 hours ago

Legendary music festival Bonnaroo is announcing the lineup for its 2010 festival today, and instead of doing so in one fell swoop, the fest is releasing info via its MySpace page all day long.

World’s Longest-Married Couple to Answer Your Romantic Queries Via Twitter

Mashable  7 hours ago

If Dear Abby and your therapist just aren’t cutting it this Valentine’s Day, you can tweet at the world’s longest-married (living) couple, Herbert and Zelmyra Fisher, for the scoop on how to score and sustain love.



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