Filed under: Raising money, Public or private?
Tech Confidential had an interesting conversation Wednesday with Mark Pincus, the Silicon Valley serial entrepreneur who founded the Zynga Game Network. Zynga brings players together via Facebook and other social networks and boasts several popular titles, including a version of the trendy poker game Texas Hold ‘Em and a Scrabble knockoff called Scrabulous, each with about half a million people playing daily.
The startup recently won a $10 million Series A round, led by Union Square Ventures and including Avalon Ventures, Foundry Group and power angels Reid Hoffman, founder of LinkedIn, and Clarium Capital managing partner Peter Thiel. We asked Pincus about how Facebook Inc.’s opening up its application programming interface, or API, is changing today’s online applications, including games.
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