GROW YOUR TECH STARTUP

Will Zynga IPO tomorrow with a $20 billion valuation?

June 28, 2011

SHARE

facebook icon facebook icon

Social gaming company Zynga may file for an IPO as early as tomorrow, according to a tweet from CNBC reporter Kate Kelly. Kelly states that the IPO could value Zynga at between $15 – $20 billion.

Zynga will raise between $1.5 – $2 billion in such an offering, with Morgan Stanley selected as the main underwriter of the IPO.

Earlier this year it’s reported that Zynga raised $250 million in fresh funding, valuing the company at between $7-$10 billion.

SHARE

facebook icon facebook icon

Albizu Garcia

Albizu Garcia is the Co-Founder and CEO of Gain -- a marketing technology company that automates the social media and content publishing workflow for agencies and social media managers, their clients and anyone working in teams.

VIEW ALL POSTS

Sociable's Podcast

Trending