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專欄 - 從華爾街到硅谷

Zynga掌門人細說上市緣由

Dan Primack 2011年12月20日

Dan Primack專注于報道交易和交易撮合者,從美國金融業(yè)到風險投資業(yè)均有涉及。此前,Dan是湯森路透(Thomson Reuters)的自由編輯,推出了peHUB.com和peHUB Wire郵件服務。作為一名新聞工作者,Dan還曾在美國馬薩諸塞州羅克斯伯里經(jīng)營一份社區(qū)報紙。目前他居住在波士頓附近。
Zynga創(chuàng)始人兼首席執(zhí)行官馬克?平克斯認為股票上市是公司規(guī)模發(fā)展的必然結果,并對公司的未來規(guī)劃持樂觀態(tài)度。

談到其他非Facebook平臺,你能告訴我們何時會推出Project Z嗎?

????我們還沒有公開披露過這個時間,但我可以說,我們的員工正在內部繼續(xù)進行不同元素的測試,就和我們推出游戲時的流程一樣。我們希望它不久能與大眾見面,但我們并不著急。這個時間更多地取決于我們什么時候能夠達到很出色的玩家體驗。

有很多人猜測,一旦Zynga的員工持股禁售期結束,就會有很多員工離開公司。為什么?

????我不知道為什么會有這樣的猜測,我們一直處于靜默期。Zynga的人員自然流失率歷來很低,大大低于硅谷其他的上市或非上市公司。我知道媒體從未報道過這一點,但這是真實情況。而且,我們也在不斷地收到很多出色的簡歷,并持續(xù)有優(yōu)秀的人才加盟。

????一家公司如何留住人才,歸根結底是三點:

????1. 員工們對公司的事業(yè)和方向有沒有信心?我相信我們的員工有,因為Zynga提供了為最廣大玩家打造游戲產(chǎn)品的獨特機會。

????2. 員工們有沒有感受到良性的職業(yè)流動。我必須要指出的是升級文化是我們的價值觀之一。超過60%的員工每年都能獲得升級,即每年他們都會承擔起更高的領導職務、獲得更高的薪酬。我們結束靜默期后,你可以和我們一線的員工交談,我想他們會告訴你,他們在Zynga獲得的職業(yè)流動機會高于其他任何公司。

????3. 我們的團隊自我管理,這意味著他們對工作環(huán)境有很大的控制權。

????我們的文化不止于此,它相當深厚。我們的員工熱愛公司,并引以為榮。我們一直要求他們不要出頭,不必在媒體或博客上替公司說話,因此我想公眾可能還不知道這一點。

今年3月你個人將約1.09億美元的股票賣回給公司,每股售價略低于14美元。你能聯(lián)系當時的背景談談這個決定嗎,畢竟你們今天的IPO價格是每股10美元?

????我從未試圖踏準市場節(jié)奏或成為什么估值專家。我希望能在這家公司度過余下職業(yè)生涯,因此從一開始我的做法就不同于其他企業(yè)家,他們售股可能是為了退出公司。

????很早我就開始持續(xù)少量地賣出持股,希望不要感到有出售公司的壓力。媒體不能用其中某一筆交易來揣測當時我對公司未來前景或公司估值的看法。

Speaking of other non-Facebook platforms, can you say when Project Z will be available?

????We haven't made any public announcements about the timing, but I'd say that we continue to test various elements of it with our employees internally, just as we do when launching a game. We hope it will be out to our audience soon, but I wouldn't say we're driven by dates. It's more about when we think we've achieved a compelling experience.

There has been widespread speculation that a large number of Zynga employees will leave the company once they are allowed to sell shares. Why?

????I'm not sure why there's been all that speculation other than that we've been in a quiet period. Our company has historically had very low attrition, much lower than other public or private companies in Silicon Valley. I know that hasn't been reported on, but it's true. We also continue to have an amazing inflow of resumes and talent.

????When you think about what keeps talent at a company, it comes down to three points:

????1. Do employees believe in the mission and direction of the company. I believe they do, because Zynga offers a unique opportunity to build games for the broadest audience ever seen in games.

????2. Do employees feel they have great career mobility. And I'd point you to the fact that a culture of leveling up is one of our values. More than 60% have leveled up annually, which means they've taken on greater leadership roles and compensation each year. When we're past the acquire period and you can talk to actual employees, I think they'll tell you they have more opportunity for mobility here than if they worked at any other company.

??? 3. Our teams manage themselves, which means they have a great amount of control over their work environments.

????Beyond that, our culture runs deep. Our employees have a real love for Zynga and real pride. We've asked them not to go out and defend us in the press or blogs, so I don't think that's come through publicly yet.

You personally sold around $109 million shares back to the company in March, at a price of just under $14 per share. Can you contextualize that decision, given that your IPO priced today at $10 per share?

????I've never been trying to time the market or be an expert on valuation of us or anybody else. My approach from the beginning, because I've wanted to stay at this company for the rest of my career, has been to take a different approach from other entrepreneurs who might look to sell their company as an exit.

????Since early on, I've sold small pieces of my ownership along the way, so as not to feel any pressure to sell the company. I don't think you can look at any single one of those transactions and use it to judge my beliefs at that time in the future prospects of the company or its value.

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