Zynga To Go Public Next Month: Report

San Francisco-based virtual gamer would go live after Groupon.

By Sajid Farooq
|  Tuesday, Oct 25, 2011  |  Updated 12:59 PM PDT
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Google Employees Sued By Groupon

Joi Ito

Zynga CEO Mark Pincus will be the one leading Zynga's initial public offering, which could happen as early as next month.

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Eventually startups need to go public despite the economy's continually sluggish performance.

San Francisco-based Zynga appears to be the next local tech startup to go public despite worries of how the economy will receive startups.

Reports suggest that Zynga is working with bankers to launch its initial public offering as early as next month.

But Zynga would not be the next one to hit the open market, according to reports.

The virtual-gaming company would go public after Chicago-based Groupon goes public early next month.

Many are anxious to see how Groupon performs. After turning down a take over offer from Google last year, Groupon was expected to do big things but some analyst doubt the long term stability of the company's business model.

Still both Groupon and Zynga are expected to be multi-billion dollar IPOs.
 

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