Bigger than Twitter according to US firm.
US analyst outfit SharesPost has valued FarmVille creator Zynga at $5.51 billion.
According to the firm, its valuations are based on “recent transaction prices, current posts, research estimates and recent last round venture financing valuations”.
SharesPost says it specialises in venture-backed private companies, using its various inputs to calculate prices and facilitates trades. To put the Zynga figure in perspective, it currently values Twitter at just under $3 billion and Facebook at nearly $33 billion.