Ok, lets get serious here. $10B valuation / $250M revenue/year = 40x multiplier.
Do people really think that Zynga is going to continue to deliver for years and years to come?
Do people really think that Zynga is going to continue to deliver for years and years to come?
I wouldn't sell my index funds and buy Zynga, but if Wall Street is investing in them, I think that probably isn't in the top half of dumbest things Wall Street will do this year.