OK, some of you may be asking, who is Zynga? Well, they are one of the hottest social game developers in the world. Remember last December, when actor Alec Baldwin was kicked off an American Airlines flight at Los Angeles International Airport because he wouldn’t turn off his cell phone? Reportedly he was playing one of the most popular Zynga games – Words with Friends. I know all about this web-based application that resembles Scrabble, since my wife is also addicted. And Zynga has other popular games you may have heard of: FarmVille, CityVille, and Zynga Poker, to name a few. Active monthly users total about 250 million! But the company has been in the news for other reasons, as this recent story indicates.
As expected, Zynga filed today to raise an additional $400 million in a secondary stock offering. One thing that caught my eye was a reference to founder and CEO Mark Pincus under the section of employee benefits:
“In addition, in 2011, due to specific threats relating to the personal security of Mr. Pincus and his family, we provided Mr. Pincus with certain security protection.” Read More »




Peter Rogers