Zynga’s Reliance on Facebook for Sales Spooks Some Investors as IPO Nears
Zynga Inc. has become the most valuable U.S. video-game company by relying on Facebook Inc. to reach users. Now it has to convince investors that its dependence on the social network won’t hinder growth.
Zynga, maker of social games such as “FarmVille” and “CityVille,” said yesterday it will raise $1 billion...