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	<title>Betabeat &#187; Wanted: Social Games. Money No Object. </title>
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		<title>Betabeat &#187; Wanted: Social Games. Money No Object. </title>
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		<title>Wanted: Social Games. Money No Object.</title>

		<comments>http://betabeat.com/2012/04/social-games-money-no-object/#comments</comments>
		<pubDate>Tue, 17 Apr 2012 18:48:24 -0400</pubDate>
					<link>http://betabeat.com/2012/04/social-games-money-no-object/</link>
			<dc:creator>Kelly Faircloth</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=40365</guid>
		<description><![CDATA[<p><div id="attachment_38237" class="wp-caption alignleft" style="width: 406px"><a href="http://www.betabeat.com/2012/04/09/apparently-some-omgpop-developers-are-the-luckiest-people-in-tech/dan-porter-396x300-2/" rel="attachment wp-att-38237"><img class="size-full wp-image-38237" title="dan-porter-396x300" src="http://nyobetabeat.files.wordpress.com/2012/04/dan-porter-396x3001.png" alt="" width="396" height="300" /></a><p class="wp-caption-text">OMGPOP CEO Dan Porter with Ghostface Killah. (Twitter)</p></div></p>
<p>MegaMillions isn’t the only game in town capable of inspiring a feeding frenzy. Not content merely to snap up OMGPOP at something like $180 million, Zynga is making it known they’ve still got IPO cash burning a hole in their corporate pockets. Merger chief Barry Cottle basically <a href="http://www.bloomberg.com/news/2012-04-17/zynga-flashes-1-8-billion-searching-for-the-new-farmville-tech.html" target="_blank">told Bloomberg</a> that they are hungry, ready to move fast, and rich as hell:</p>
<p><!--more--></p>
<blockquote><p>"We have a significant amount of cash, we have no debt, and we have access to debt to be as aggressive as we need to be."</p></blockquote>
<p>Well, okay, then!</p>
<p>Such a temptation will not be ignored, says analyst Michael Pachter:</p>
<blockquote><p>"You are going to have a lot of developers swinging for the fences and trying to hit it fast and hope Zynga will give them a couple hundred million dollars."</p></blockquote>
<p>Now, on a scale of one to Instagram, how many people just started coding with visions of buyouts dancing in their heads?</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_38237" class="wp-caption alignleft" style="width: 406px"><a href="http://www.betabeat.com/2012/04/09/apparently-some-omgpop-developers-are-the-luckiest-people-in-tech/dan-porter-396x300-2/" rel="attachment wp-att-38237"><img class="size-full wp-image-38237" title="dan-porter-396x300" src="http://nyobetabeat.files.wordpress.com/2012/04/dan-porter-396x3001.png" alt="" width="396" height="300" /></a><p class="wp-caption-text">OMGPOP CEO Dan Porter with Ghostface Killah. (Twitter)</p></div></p>
<p>MegaMillions isn’t the only game in town capable of inspiring a feeding frenzy. Not content merely to snap up OMGPOP at something like $180 million, Zynga is making it known they’ve still got IPO cash burning a hole in their corporate pockets. Merger chief Barry Cottle basically <a href="http://www.bloomberg.com/news/2012-04-17/zynga-flashes-1-8-billion-searching-for-the-new-farmville-tech.html" target="_blank">told Bloomberg</a> that they are hungry, ready to move fast, and rich as hell:</p>
<p><!--more--></p>
<blockquote><p>"We have a significant amount of cash, we have no debt, and we have access to debt to be as aggressive as we need to be."</p></blockquote>
<p>Well, okay, then!</p>
<p>Such a temptation will not be ignored, says analyst Michael Pachter:</p>
<blockquote><p>"You are going to have a lot of developers swinging for the fences and trying to hit it fast and hope Zynga will give them a couple hundred million dollars."</p></blockquote>
<p>Now, on a scale of one to Instagram, how many people just started coding with visions of buyouts dancing in their heads?</p>
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