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With Zynga IPO Looming, CEO Mark Pincus Wants Employees To Return Stock

With Zynga IPO Looming, CEO Mark Pincus Wants Employees To Return Stock

Zynga CEO Mark Pincus wants some of the online game company's early employees to give back stock they own ahead of the company's initial public offering of stock, according to a published report Thursday. The Wall Street Journal said that Pincus, who gave out stock freely to keep top talent early on, developed "giver's remorse."

Senh: There's nothing much you can do about that. They got in early and contributed when it counted most. It's not fair to current employees of Zynga, but they're also not risking as much as the early group of people.

 

What recession? It's boom time again in Silicon Valley

What recession? It's boom time again in Silicon Valley

Investors pile into Internet IPOs and start-ups, making overnight millionaires. House prices and salaries soar. Another dot-com bubble? Maybe, but with differences. As she unloaded groceries in the driveway of her Palo Alto home, Lisen Stromberg was approached by a real estate broker who asked whether she'd be willing to sell her five-bedroom house to a senior Facebook executive.

 

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