Further to my post on Zynga – Money for Nothing but the Chicks aren’t free – The IPO - the IPO papers have now been lodged. The estimate of $850m revenues in 2010 were wide of the mark. They were actually $597m. Profits, however, were $90.6m. Growth is pretty mega. 2011 Q1 revenues were $235m and profits $11.8m.
More in the FT – Zynga plays for $1b listing.