Source:
http://article.wn.com/view/2011/02/18/If_Zynga_Facebook_and_GroupOn_Are_Worth_Billions_Why_So_Few_/
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Monday, February 21, 2011
If Zynga, Facebook and GroupOn Are Worth Billions, Why So Few IPOs?
Privately held Zynga is reportedly chatting it up with potential investors about a $500 million funding round that would put the social gaming company's valuation around $10 billion, according to a Wall Street Journal article. Plus, multibillion-dollar valuations are being bandied about for social networking giant Facebook and coupon clippers' delight Groupon. Investment bank JPMorgan is reportedly pulling together an investment fund to throw more money at privately held digital media and Internet companies that are mature -- or at least generating steady revenues and cash flow -- The Wall Street Journal reported this week. And Goldman Sachs recently...
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