NEWS
by Joe Morgan
Zynga Value Estimated At Nearly $10 Billion
Social games company Zynga has been valued at nearly $10 Billion dollars.
In a recent article, speculation was shown that, after another recent round of fund raising, social gaming company Zynga, the creators of such popular titles as Farmville and Mafia Wars, are worth nearly $10 Billion.
Some are worried about Zynga's reliance on Facebook, but sources say that even with revenue sharing and its Facebook heavy platform, the company still makes around $1 Billion annually on the sale of digital goods to players of its games.
That is a lot of greenery for a company dependent on virtual lettuce.