Social game developer Zynga priced its shares on Thursday evening ahead of a Friday IPO, the largest since Google went public in 2004. The maker of hit Facebook games "CityVille" and "Mafia Wars" even trumped funds raised by the much-hyped Groupon in its Nasdaq debut.
Similarly, online gaming company Nexon began trading on the Tokyo Stock Exchange on December 13. Nexon's IPO raised about as much money at the same valuation as Zynga (see stats below), according to AllThingsD; but, VentureBeat reports, Nexon shares fell after it began trading.
Here's everything you need to know about Zynga's IPO.
Nasdaq ticker name: ZNGA
Funds raised: $1 billion
Valuation: $7 billion
Number of shares offering: 100 million
Total number of fully diluted shares: 890 million
Initial share price range: $8.50 to $10
Price of shares, morning of December 16: $10
Price of shares as of 4 p.m., December 16: $9.50
Date founded: 2007
Number of employees: 1,483
Net income 2010: $90.6 million
Number of monthly active users, estimated at IPO filing: 232 million
NUmber of daily active users, estimated at IPO filing: 60 million
95: Percentage of revenue derived from selling online goods
5: Percentage of revenue derived from advertising
Funds raised by Google's IPO in 2004: $1.7 billion
Google market cap at time of IPO: $23.1 billion
Google market cap on December 15: $203 billion
Funds raised by Groupon IPO: $700 million
Groupon valuation at time of IPO: $12.8 billion
Groupon market cap on December 15: $14.7 billion
Funds raised by LinkedIn IPO: $353 million
LinkedIn valuation at time of IPO: $4.3 billion
LinkedIn market cap on December 15: $6.4 billion
Fun fact: Zynga takes its name from Zinga, a bulldog belonging to founder and CEO Mark Pincus.
Check out the slideshow (below) to see how Zynga compares with 9 of the year's biggest tech IPOs.
