Description:Â Zynga Inc, which plans to go public in two weeks, on Friday slashed its value by more than 30 percent to $9 billion, hoping to avoid the fate of other recent Internet IPOs that have disappointed after stock market debuts.
Source:Â Reuters.com
Date: 12/03/2011
Link:Â http://www.reuters.com/article/2011/12/02/zynga-idUSN1E7B107X20111202
Questions for discussion:
- Summarize the key points presented in the report.
- How would evaluate the IPO, as an investor?
- How would you evaluate the IPO from the company’s point of view?
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