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Author Topic: Zynga it is evil  (Read 6291 times)

Bouchart

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Re: Zynga it is evil
« Reply #60 on: June 19, 2011, 02:31:18 pm »
Quote from: Fenrir on June 19, 2011, 01:56:27 pm
Bouchart is suggesting that they make less money than they report. If they report more money, they pay more taxes. As an evil plot, that would be fairly stupid, as paying more income tax does not strike me as particularly evil.

Zynga at some point might file an IPO.  Then it's screwing over a bunch of shareholders.  That is my concern.  Similar allegations have been made against Groupon.
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Tilla

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Re: Zynga it is evil
« Reply #61 on: June 19, 2011, 03:02:24 pm »
Quote from: Bouchart on June 19, 2011, 02:31:18 pm
Quote from: Fenrir on June 19, 2011, 01:56:27 pm
Bouchart is suggesting that they make less money than they report. If they report more money, they pay more taxes. As an evil plot, that would be fairly stupid, as paying more income tax does not strike me as particularly evil.

Zynga at some point might file an IPO.  Then it's screwing over a bunch of shareholders.  That is my concern.  Similar allegations have been made against Groupon.
Fingers point to Zynga doing that fairly soon. They're claiming their valuation is now /$19 billion/ which is frankly horseshit.
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