FarmVille worth more than EA

Zynga, the creators of the popular hit FaceBook game FarmVille should be happy today as the company’s worth has passed that of EA (Electronic Arts). BusinessWeek reports that the net worth of the privately hed company Zynga is worth 5.51 Billion versus the video game giant EA’s worth of 5.22 Billion.

Zynga was founded in July 2007 by Mark Pincus, Michael Luxton, Eric Schiermeyer, Justin Waldron, Andrew Trader, and Steve Schoettle with a starting venture capital of $29 million. Zynga also employs around 1300 employess to date. In Zynga’s network of games there is a total of approximately 220 million players which contribute to the companies continued growth.

Zynga creates their income from in-game payments for items across most of their games and partnerships with businesses. We will have to see how much further the company can grow in the next couple of years, so far it has been astonishing.

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Matt

I was a Computer and Information Technology student at Purdue University. I have always wanted my own website and have been fascinated with technology my entire life. So here I am, what's next?