Zynga register for the IPO

Startup companies in the field of Zynga games, took a big step, by registering the offering of shares to the public, the Securities and Exchange Commission on Friday local time, July 1, 2011.Zynga, which has been a manufacturer of popular games on Facebook, such as 'Farmville', 'Mafia Wars', plans to sell shares worth U.S. $ 1 billion or about Rp 8, 5 trillion.

This IPO, said Darren Chervitz, a Research Director of Jacob Asset Management in New York, later at the same time value the Zynga at least U.S. $ 10 billion, or Rp85 trillion. According to the site San Jose Mercury News, this is one of the biggest IPO since Google. "Their growth is crazy," says Chervitz. He noted, Zynga pendatapan increased nearly 400 percent between 2009 and 2010, with revenues of U.S. $ 598 million (around Rp 5 trillion). The company also reported a net income before dividends and other payments, amounting to U.S. $ 90.6 million. Zynga is now also stable growth, with a 133 percent increase in revenue last quarter, compared to same period last year.

In his letter to prospective shareholders, Chief Executive Mark Pincus wrote that the company is now four years old it has grown into a company that has 148 million unique users monthly, who come from 166 countries. As usual, the IPO Zynga has also sparked debate about the technology stock bubble. However, many analysts are not too worried that this will repeat the bitter times of dot-com bubble, as happened before.

"Zynga and LinkedIn have a solid business. They are leaders in their category and are very deserving baluasi they now get," said Tim Guleri, from Sierra Ventures in Menlo Park. Before Zynga, a professional social networking LinkedIn also managed to raise about U.S. $ 350 million in an IPO conducted last May. Co-founder of LinkedIn himself, Reid Hoffman, is one among several investors Zynga. Some venture capital that has invested in Zynga adalahKleiner Perkins Caufield & Byers, Institutional Venture Partners, and Digital Sky Technologies. Morgan Stanley and Goldman Sachs will be the underwriter of this offering.