Henry Blodget from Yahoo Finance’s Daily Ticker tells us who profited:
Which Zynga insiders took advantage of this brilliantly timed sale?
How much did they make?
Here are some of the selling shareholders:
- Marc Pincus, Zynga’s CEO, sold 16.5 million shares for $200 million
- Institutional Venture Partners, a Zynga investor, sold 5.8 million shares for $70 million
- Union Square Ventures, a Zynga investor, sold 5.2 million shares for $62 million
- Google, a Zynga investor, sold 4 million shares for $48 million
- SilverLake Partners, a Zynga investor, sold 4 million shares for $48 million
- Reid Hoffman, a Zynga investor, sold 688,000 shares for $8.2 million
- David Wehner, Zynga’s CFO, sold 386,000 shares for $4.6 million
- John Schappert, Zynga’s COO, sold 322,000 shares for $3.9 million
- Reginald Davis, Zynga’s General Counsel, sold 315,000 shares for $3.8 million
- And so on…
Read Mr. Blodget’s full story get all of the details – SEE IT HERE