Reports this week that
Zynga is holding off on its IPO are not “a sign of weakness or scandal,” according to Gamasutra editor-at-large Chris Morris, who says it’d be reckless to go forward in current market conditions.
When reports crossed the wire Monday that Zynga might push back the launch of its initial public offering, the conspiracy theorists started buzzing. Later word that the SEC might play a role in the delay whipped ’em into a frenzy.
In fact, none of this was a sign of weakness or scandal. It was actually a sign that the folks running the business side of the game maker could a) read tea leaves and b) realize that early, enthusiastic investors might become confused, angry ones if a few things up weren’t cleared up.
