Dotcom frenzy as Zynga gets $9bn price tag
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.