Can we stick a fork in Zynga yet? Times continue to be trying under Mattrick’s transition, as the company posts a $ 61 million net loss for Q1. Founder Mark Pincus has accordingly taken himself out of day-to-day operations.
Don’t grieve for the man for that, he remains in the company’s board. What you should worry about is where Zynga is headed, as none of its flagship games have rallied, although its top games remain the same: Farmville 2, Zynga Poker, and Farmville.
CEO Don Mattrick continues to institute changes, including installing former MS colleague Alex Garden as president, but there’s a point you have to wonder how much longer the shakeup will take, and how much longer results arrive. Don likes to talk about delivering results, the time and place to do that is here and now.