Friday, July 1, 2011

Zynga files for IPO of up to $1 billion

Is it time to start worrying about the next internet bubble?

Amplify’d from www.chicagotribune.com
Zynga filed paperwork for an initial public offering on Friday, the latest in a series of hot social media companies to seek capital in the U.S. public markets.
A source previously told Reuters that Zynga's IPO could raise $1.5 billion to $2 billion and could value the company at $15 billion to $20 billion.
Read more at www.chicagotribune.com
 

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