Dotcom frenzy as Zynga gets $9bn price tag

first_img Show Comments ▼ Tags: NULL ONLINE gaming group Zynga is holding talks with potential investors which could lead to it raising $250m (£156m) in new funding.That may give Zynga a valuation of between $7bn and $9bn, in yet another example of rich valuations for technology companies that some analysts have compared to the dotcom boom. Zynga, known for games including FarmVille and Mafia Wars, filed papers in April authorising the issuance of new stock that valued the company at about $4bn. Last week, Google and Facebook , plus others, held low level takeover talks with Twitter that give the sensation a value as high as $10bn. Facebook is said to be worth a cool $50bn, according to a recent private placing. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Dotcom frenzy as Zynga gets $9bn price tag whatsapp Share KCS-content whatsapp Monday 14 February 2011 9:21 pmlast_img read more

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