The Good News Behind the Zynga IPO And What it Says About the New Economy
With headlines featuring words like fizzle and slump, do we conclude from Friday’s “disappointing” IPO of Zynga [ZNGA:NASDAQ] that social media is a bubble that’s run its course? Hardly. We are witnessing the inverse: the real beginning. By any reasonable business standard, especially in these dismal economic times, it is remarkable that a four-year old…