"What happened?"
Investors just raised another $1 billion for Zynga. That's what happened. I don't understand the point of this article. The author is trying to make Zynga's IPO sound like a failure, when it is not.
Investors just raised another $1 billion for Zynga. That's what happened. I don't understand the point of this article. The author is trying to make Zynga's IPO sound like a failure, when it is not.
"First-day pops in initial public offerings are almost axiomatic today. After all, IPOs are engineered that way"
Whoops. Not this time.