Monthly Archives: July 2011

Zynga IPO

Zynga, the online games provider within Facebook, recently filed for a forthcoming IPO. Share price has not been announced but it is anticipated that they will attempt to raise $1 billion with a company valuation of $15 -$20 billion. A … Continue reading

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Myspace – the rise and fall.

News Corp has recently agreed to sell Myspace for $35 million. Myspace, the leading social network before the dominance of Facebook, was purchased by News Corp in 2005 for $580 million. At time of acquisition Myspace was the 5th most … Continue reading

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