Ryan Tate's posts
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The Farmville IPO
Zynga, the Facebook games company and creator of Farmville, is reportedly about to file for an initial public offering of stock. There is no better investment for cynics looking to bet on the exploitation of America’s dumbest, most vulnerable consumers. Zynga rakes in $850 million per year in revenue and $400 million per year in…
By Ryan Tate -
How an Army of Junkies and Kids Enriches Tech Titans
The company behind Farmville is sealing a deal with Google and has been embraced by Apple and Facebook. That such companies would associate themselves with the exploitation of children and financially depleted addicts is alarming, even in hyper-aggressive Silicon Valley. There’s no question Zynga is on a roll. Despite a scandal over the scammy commercial…
By Ryan Tate