Could this turn out to be the nail in Zynga's coffin? Seems like investors are getting cold feet, staff reductions, and a general malaise seems to surround the brand. Losing that access as a key partner to Facebook and becoming just another user is going to force them to make very rapid changes to adapt.
I think the nail in the coffin was the last quarterly report. At this point Zynga is priced right around the liquidation value of the company. Nowhere to go but up (or out of business)!
Long Zynga 2014 calls in the hope they pull off a miracle of online gambling.
Last report was bad and will have scared investors but this isn't just investment market, this is core business. Being the partner could still keep them afloat, now? They're back to fighting with other teams.
IMO the "general malaise" you and I feel is the minority opinion held by technically-savvy people. The 90% of Facebook users who are not could care less. The trick now will be whether Zynga can transition from the unlimited access to casual users of Facebook to their own, or other gaming communities, where those audiences will be much more discriminating.
The general malaise more effects them in terms of recruiting talent, it'd be a rare occasion that a top developer would go work for a company circling the drain. Whether Zynga needs top developers I suppose is the question.
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Could this turn out to be the nail in Zynga's coffin? Seems like investors are getting cold feet, staff reductions, and a general malaise seems to surround the brand. Losing that access as a key partner to Facebook and becoming just another user is going to force them to make very rapid changes to adapt.
I think the nail in the coffin was the last quarterly report. At this point Zynga is priced right around the liquidation value of the company. Nowhere to go but up (or out of business)!
Long Zynga 2014 calls in the hope they pull off a miracle of online gambling.
Somehow online gambling seems like a great fit for Zynga.
Huge fit but with massively regulatory oversight, so they'd be at the whims of the regulators.
Admittedly so, but Vegas casinos seem to thrive under a similar regulatory climate.
Last report was bad and will have scared investors but this isn't just investment market, this is core business. Being the partner could still keep them afloat, now? They're back to fighting with other teams.
IMO the "general malaise" you and I feel is the minority opinion held by technically-savvy people. The 90% of Facebook users who are not could care less. The trick now will be whether Zynga can transition from the unlimited access to casual users of Facebook to their own, or other gaming communities, where those audiences will be much more discriminating.
The general malaise more effects them in terms of recruiting talent, it'd be a rare occasion that a top developer would go work for a company circling the drain. Whether Zynga needs top developers I suppose is the question.
They still have options to open up for other platforms