Year Of The IPO

[Aequitas]

Holy fuck, Linked In goes public, Facebook plans to go public and now it looks like Zynga wants to jump into the fun.

Zynga Prepares to File for IPO

With all these companies being valued in the billions and everyone screaming there all over-valued it almost seems like a 2012 dot com bubble.

 

[hakkairu]

So farmville is valued in the billions...

 

[Aequitas]

So farmville is valued in the billions...

Well more like Cityville, since Farmville is slowly dying out but yeah it wouldn't surprise me if Farmville made a gross profit of a few hundred million during its lifetime.

 

[subigo]

it almost seems like a 2012 dot com bubble.

Of course it is.

 

[Andrew Scherer]

^ +1

 

[Aequitas]

Of course it is.

Another dot com bust would actually be the best thing we could wish for right now, competition would be down, thousands of others would give up because of it, shit it be like the good old days.

 

[tangy]

I thought this was a thread where we relived 1999 by chatting about the good old days.

poop

 

[Scheme]

I re-live the mother fucking 90's everyday.

 

[papajohn56]

News Headlines

LivingSocial potentially at $15Bil. lol.

 

[Aequitas]

News Headlines

LivingSocial potentially at $15Bil. lol.

Oh god are you trying to make me commit suicide for not owning a billion dollar business yet, if companies like this are making it big I obviously must be fucking the wrong people in the world!

 

[sumohax0r]

Oh a bubble is coming for sure.. and its going to be glorious.

Tons of cheap ad space here I come!

 

[OrionSyndicate]

Learned some lessons during dot com bust, honed my skills during the real estate crash and shorted banks.

I can't wait till this bubble goes supernova. I'm gonna make a killing in the market when it goes up, and on it's way down.

 

[monies]

Another dot com bust would actually be the best thing we could wish for right now, competition would be down, thousands of others would give up because of it, shit it be like the good old days.

oh god yes please

 

[Aequitas]

If the next bubble does come my biggest wish is that a very large percentage of domainers fail and give up on life, a few of them are ok but god damn I'm tired of spending two hours looking for a decent brand-able domain name that won't cost me ten thousand.

 

[JakeStratham]

There are a few additional details about Zynga here (along with a link to today's SEC filing)...

FarmVille and CityVille Creator Zynga Files for $1 Billion IPO - Nicholas Jackson - Technology - The Atlantic


Notables:

In 2010, the company reported more than $90 million in net income, with a near-30 percent margin. And those figures will be eclipsed by 2011's numbers: In just the first quarter of this year, Zynga reported close to $12 million in profit.

Building a track record. Very nice. Still unclear whether it's a good buy.

And if that's not enough to convince potential shareholders to invest, the social gaming giant has almost a billion dollars in cash on hand.

That's interesting for a company this young in that space. Anyone know who ponied that billion?