Zynga Buys Headquarters
Does he have what it takes to turn Zynga around? Maybe. Selling the company's San Francisco headquarters building -- purchased for $228 million four years ago -- could provide the capital necessary to make needed investments; whether they pay off is the question. History says it's unlikely. And with Zynga right now producing no profits and negative cash flow, there isn't much financial incentive to bet that Gibeau can do what Pincus never could.
zynga buys headquarters