Zynga CEO one of Bloomberg's 'worst CEOs of 2012'

Since I think Zynga sucks (Said it many times while playing those stupid games).. I think Mark Pincus sucks~!! I don't care if he goes bankrupt to be honest.. I'd gone back to my 3D REAL games now lol...

Pincus performance as a CEO not withstanding or how his business decisions effected his company- I feel the model of his business just simply does not work. 

When all the business news was hyped over Zynga these last few years I just did not see how a business like it could succeed over any amount of time. 

- Free to play games draw a certain audience (money is only made on that flavor of the week game)

- Games with adds- Really people unless your another game or a movie preview add no one pays any attention. (so a steady stream of money is not guranteed)

- Zynga has too much dependence on Facebook, while facebook does fine and has been a great product, like all social sites, it is affected alot by what is hot or popular at a moment in time. 

--- But the biggest problem with a company like Zynga and Pincus is that they do not get gamers- they simply do not understand how gamers spend their money. You can entice a gamer all day long with a free game, but as soon as you ask them to pay money, you better have a damn good game to back it up. If you make a gamer happy with a purchase - they will buy a new version of that game whether it sucks or not. and vice versa. 

The idea of micro transactions for Zynga games just does not make since to me over the long term. Yeah some school girl or granny may buy some crap for their 'ville', but if they are burnt or disappointed you can bet on not ever seeing long term money. Even if they were happy with there purchase, many will move on to the next flavor of the week.

I have no idea how they thought true gamers would pay money year after year for browser, mini, games. 

I think CEOs see numbers like millions of people on a website or playing a 'ville' game, and automatically think it will be the next Ebay, Google, Facebook- but yet have not idea or Plan on how to turn a profit on customers they just do not understand. 

DON'T WORRY, guys, and don't shed a tear, Bloomberg is out of his mind. He wears his political bias on his sleeve and it is eating through his arm.

Never started playing browser games and never will. 

Who exactly gives a monkey nut about this? Don't care about the company don't care about the man. The sooner they disappear the better really.

you know what's depressing though?

if this loser quits/gets fired/the company fails because of him. Chances are he'll walk away a rich man, with a hefty pension package, while hundreds of people are left without jobs.

yeay capitalism? 

lol @ "casual" gaming

And that's Karma for Mark Pincus. There was a time when he thought he was all high and mighty when Farmville was doing good. He thought he knew what the gaming industry is all about.

Whell all they do is copy games and make shitty versions of that, so i hope theyr shares reach 0.00 and they just quit

Even despising Zynga's policies, I find it hard to believe he is at the same level of Rodrigo Rato (former minister of finances in Spain, now CEO of a bank investigated for cooking books for around 11bn euro)

I'm sure it has NOTHING to with the ferociously terrible and extremely stupid games they make...

And people said casual gaming is the future

pssh-ahh I say

Not surprised. Still waiting for the inevitable. 

Pump and Dump Stock Scam seriously look it up.

He was a moron to agree to it and now his company is suffering.

no surprise here..... especially with the shameless ripoffs they made my wife even shown me via facebook specifically the sims social rip off.

ahahaha

Zynga in general... Leave and never come back u money hungry game stealer's!

What is really sad is when a bad CEOs f$)&@&$ks up, he usually loses some of his money, but keeps a lot of it....on the other hand the poor employees of the company usually loose a lot of money if not their jobs.

I dont know....

At the end of the day he got 16M$ in his bank account while I a barely have 900$.

How I wish to be as bad as him....

I had a feeling this day would come and I feel like it is a just reward. Pay to win on the scale that Zynga used was in my opinion just a matter of time before people realized it was crap.

Who's really worse here? This guy and his company or the millions of fucking mongoloids who actually spend money on facebook games?

That's what ya get when all your company does is try to rip people off. Just listen to this real money gambling stuff. It's completely ridiculous and immoral.

It's gonna be awesome when he has to sell his private Mediterranean island, his 200 acre estate-vineyard in southern France and he's bought out for a shamefully low nine-figure sum.

I love it when bad CEO's finally get theirs.

What I wouldn't do to see the death of EA....like karmic ambrosia nom nom nom nom nom.....

zynga is a fad. all of those shit die so they must've seen it coming

Zynga, sucking the life out of gaming since 2007.

Yep.  Cos if you develop games for iOS you're instantly a winner apparently.

Or not.

Both Zynga and EA's shares are way down? Sweet! Maybe now they will both tank. 

See ya!

ah that Picture That shit eating Grin

It may sound horrible because people would lose their jobs, but I wouldn't mind seeing Zynga go down.

not sure if he worst than EA or Activision ? but equally seem reasonable at a time.

Was this a surprise to anyone?!?!?!?!?

Zynga is just a parasitic company that lucked out on some fads.

Zynga dies by the end of 2013... A business that solely relies on FB to generate income is a recipe for disaster. FB interest in gaming has peaked say a year ago. Now its just massive spam, requests, invites, notifications, etc. It got to the point where its more work to clear up ones FB than actually enjoying reading/stalking ones ex's, friends, family, etc.

Personally, I wouldn't miss this company, their contribution to gaming history would be Farmville and plagiarizing other video game companies. 

In fact, many of the worst CEOs are greedy SOBs who do not care at all about their company, and who just use the company as a way to personally become rich.  Sinking the whole company in the process and having thousands of people lose their jobs is fair game to them.

That guy might be a terrible CEO, but a good businessman.  He probably doesn't give a damn about Zynga and their employees.  He overhyped Zynga to insane levels, then made the company public at the peak of the fad, then sold a ton of shares to become rich.  Who cares if Zynga goes bankrupt?  This guy will be laughing all the way to the bank.

@Ladiesman17 I think you mean the former Sony CEO Howard Stringer, who indeed received some bad marks from analysts. Current CEO Kaz Hirai has only been around a couple of years.