Wednesday, July 20, 2011

SEC Docs Reveal Zynga Deals with Facebook, Investments by Google and Peter Thiel

Zynga, an 800-pound gorilla in the online gaming room, recently submitted a revised SEC filing for its planned IPO. While Zynga's relationship with Facebook has been common knowledge, the SEC documents reveal the depth of the corporate coziness with Mark Zuckerberg's firm, as well as with other major Silicon Valley players. The San Jose Mercury News covered the story, and the article is a good one.

Why would one care? Well, Zynga, according to Peter Delevett's Mercury News piece, is "the largest maker of games played on Facebook," among them the popular "FarmVille" and "Mafia Wars."

What adds spice to the Delevett's article are the other VIPs at the Zynga ownership party. The SEC documents confirm rumors (such as those reported on Tech Crunch earlier this month) that Google has a piece of Zynga's action. So does former Pay Pal and current venture capital zillionaire Peter Thiel, whose depiction in The Social Network took some tarnish off his well-burnished, calculated public image.

The Zynga IPO story is a little complicated, and one should take the time to read Delevett's piece.

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