FarmVille Now Worth More Than EA

tekgoblin writes "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)."

Comments

Re:Well duh?

[Anonymous Coward]

As opposed to who, Zynga?

"I don't fucking want innovation," the ex-employee recalls Pincus [Zynga's CEO] saying. "You're not smarter than your competitor. Just copy what they do and do it until you get their numbers."

http://www.bnet.com/blog/high-tech/zynga-8217s-winning-strategy-don-8217t-innovate-copy-execute-and-scale/1157

More likely about the stock market

[Moraelin]

Well, it probably just says more about the stock market than anything else.

It's not that hard to find (usually temporary) situations where it acts... strangely. E.g., back when it was a subsidiary of 3Com, at one point Palm was valued so high that the shares 3Com owned in it were worth more than the total worth of 3Com. With the obvious paradox that then the rest of 3Com was essentially worth a negative number, although they were turning up a tidy profit and all. With the also (not so) paradoxical situation that a bunch of "pundits" and shareholders were actually wanting 3Com to get rid of those other divisions, although, again, they were actually turning a tidy profit.