The makers of CityVille, FarmVille and other social games is hoping to raise between $1 billion and $2 billion from shareholders
After months of speculation, Zynga has finally filed its S-1 with the SEC. The filing notes that the social games giant, the creators of FarmVille, CityVille and a number of other interactive games, is seeking to raise at least $1 billion from potential shareholders in an IPO that could value the company at somewhere between $10 billion and $20 billion. In the wake of IPO filings from Pandora, LinkedIn and a number of other tech companies, Zynga's S-1 is especially impressive. And the numbers will tell you why:
VALUATION: $1,000,000,000: The amount that Zynga is seeking to raise. TechCrunch has suggested that this could just be a placeholders, with the real number coming in closer to $2,000,000,000, which would value the company at closer to $20,000,000,000.
GAMEPLAY: According to the S-1 filing, there are 60,000,000 daily active users of Zynga and 232,000,000 monthly active users from 166 different countries. Every minute, Zynga's players create 38,000 virtual items. Every day, they spend 2,000,000,000 minutes on FarmVille, CityVille and the company's other games.