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The Unknown Zone © Forums => The Rough House © (Unmoderated Open Forum) => Topic started by: Locutus on November 10, 2011, 01:08:28 PM

Title: Zynga CEO demands stock back.
Post by: Locutus on November 10, 2011, 01:08:28 PM
For all of you Mafia Wars, and FarmVille players, look at the douche you're supporting at the top.




SAN FRANCISCO—Zynga Inc. Chief Executive Mark Pincus often gave shares rather than high salaries to his top talent as he built his online-game start-up.

But as Zynga grew into a multibillion-dollar company with hot games like "FarmVille" and "Mafia Wars," Mr. Pincus appears to have developed giver's remorse.

Early last year, as Mr. Pincus began preparing to take Zynga public, he and several other executives decided the company had doled out too many stock rights to certain people in its early days, say people familiar with the matter. The executives chose an unusual solution: They began demanding that certain employees surrender some shares or be fired.

http://online.wsj.com/article_email/SB10001424052970204621904577018373223480802-lMyQjAxMTAxMDAwOTEwNDkyWj.html
Title: Re: Zynga CEO demands stock back.
Post by: Exterminator on November 10, 2011, 01:10:48 PM
I don't play these games but if I could grow pot on Farmville and sell it on Mafia Wars I might.   :biggrin: