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Raising The Stakes
http://avc.blogs.com/ a_vc/ 2008/ 07/ raising-the-sta.html
It always amuses me that our portfolio company Zynga got its start with Poker. Because as I always tell Mark Pincus, founder and CEO of Zynga, he's playing this hand pretty well. And Mark seems to like the hand he's got right now because Zynga has just raised the stakes in the social games category with the announcement of a $29mm financing round, the addition of Bing Gordon to Zynga's board, the addition of Kleiner Perkins and IVP to the investor base, and the acquisition of YoVille. As Erick Schonfeld says about Mark in Techcrunch: he [Mark] feels the stakes are about to get higher as the worlds of casual social gaming and online video games collide.
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