Zynga blocks Farmer Andrew Trader from selling pig slop

March 28, 2011

Some farms are not for sale

Alpha Investment LLC, an Abu Dhabi company, is suing Zynga, a Facebook Game company, for Zynga’s attempt to block it’s purchase of shares from Zynga co-founder Andrew Trader.

Zynga, known for popular Facebook games such as Farmville, Cityville, Mafia Wars, etc. isn’t talking about why they’ve given Trader the boot. But it’s obvious that the parting was not friendly considering Zynga didn’t offer to buy Farmer Trader’s shares. Nor is Zynga allowing him to sell his shares to the Abu Dhabi company.

Alpha Investment is understandably upset, but this may be a boon in disguise. Zynga has some significant challenges to overcome before they can round third base and come home for a Billion dollar valuation. The Facebook game honeymoon is over, player defection exceeds registrations, and, frankly, Facebookers are getting tired of the pathetic, poor game play.

What about Playdom?

Playdom isn’t doing any better – regardless of the wildly inflated price paid by Disney. Read the rest of this entry »


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