Zynga Files For IPO To Raise As Much As $1 Billion

July 1, 2011

4:29 pm

Today social gaming giant Zynga filed a form S-1 with the SEC. The document shares a number of insights with the public for the first time since their rise to online gaming domination. The filing has Zynga to raise almost $1 billion from the IPO. Underwriters include Morgan Stanley, Goldman Sachs, Bank of America, Barclays Capital, JP Morgan and Allen and Company.

According to the filing, Zynga has the following:

  • 60 million daily active users in 138 countries
  • 38,000 virtual items are created every second
  • 2 billion minutes a day are spent on Zynga games
  • $597 million in revenue in 2010
  • $235 million in the first quarter of 2011

For the full filing where you can dig into more revenue numbers check the form S-1 (below).
Zynga Form S-1 Filing With SEC – July 1st 2011

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Frank Gruber is the cofounder, CEO and Executive Editor of Tech.Co (formerly Tech Cocktail). He is the author of the book, Startup Mixology, Tech Cocktail’s Guide to Building, Growing, and Celebrating Startup Success. He is also a startup advisor and investor to startups. Find Frank Gruber online and follow him on Twitter at @FrankGruber.

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