Home / Gaming / Zynga reports record revenue and strong user growth while still losing $122M

Zynga reports record revenue and strong user growth while still losing $122M


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Polls closed in the U.S. presidential election on Tuesday without any significant or disruptive cyberattacks, according to cybersecurity officials and experts. Election Day wasn’t without its problems. Some voting machines in Nevada and Texas went down but were quickly back up and running, some voters in Georgia and Ohio had to use paper ballots after […]n”,”protected”:false,”author”:133574210,”featured_media”:2069775,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:”outcome”:””,”status”:””,”crunchbase_tag”:0,”amp_status”:””,”carmot_uuid”:”b8513b20-95b0-3793-85c1-bfb3663e2aa4″,”categories”:[21587494],”tags”:[576686439,6148720,51751,449549871,449554757,189091,576604551,31174,119512,81819,231892,576669106,2311,64094,42653521,181886,12323,51989876,11110,42518,449551239,20037,4458,11113,27683,331649,576596359,36117,1575,429561611,449557049,50738,2532305],”crunchbase_tag”:[],”tc_stories_tax”:[],”tc_ec_category”:[],”tc_event”:[],”jetpack_featured_media_url”:”https://techcrunch.com/wp-content/uploads/2020/11/GettyImages-1204951069.jpg”,”shortlink”:”https://tcrn.ch/34TDNwi”,”rapidData”:”pt”:””,”pct”:””,”premiumContent”:false,”premiumCutoffPercent”:1,”featured”:false,”subtitle”:””,”seoTitle”:””,”seoDescription”:”But Homeland Security’s cybersecurity unit said “we’re not out of the woods yet.””,”tc_cb_mapping”:[“slug”:”matthew-prince”,”cb_name”:”Matthew Prince”,”cb_slug”:”matthew-prince-person”,”cb_link”:”https://crunchbase.com/person/matthew-prince”,”slug”:”federal-bureau-of-investigation”,”cb_name”:”Federal Bureau of Investigation”,”cb_slug”:”federal-bureau-of-investigation-organization”,”cb_link”:”https://crunchbase.com/organization/federal-bureau-of-investigation”,”slug”:”instagram”,”cb_name”:”Instagram”,”cb_slug”:”instagram-organization”,”cb_link”:”https://crunchbase.com/organization/instagram”,”slug”:”democratic-national-committee”,”cb_name”:”Democratic National Committee”,”cb_slug”:”democratic-national-convention-committee-organization”,”cb_link”:”https://crunchbase.com/organization/democratic-national-convention-committee”,”slug”:”hillary-clinton”,”cb_name”:”Hillary Clinton”,”cb_slug”:”hillary-clinton-person”,”cb_link”:”https://crunchbase.com/person/hillary-clinton”,”slug”:”facebook”,”cb_name”:”Facebook”,”cb_slug”:”facebook-organization”,”cb_link”:”https://crunchbase.com/organization/facebook”],”associatedEvent”:null,”event”:null,”authors”:[133574210],”hideFeaturedImage”:false,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts/2069773″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/post”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=2069773″],”version-history”:[“count”:0,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/2069773/revisions”],”authors”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/133574210″],”https://techcrunch.com/edit”:[“href”:”https://techcrunch.com/wp-admin/post.php?post=2069773&action=edit”],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/133574210″],”wp:featuredmedia”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/media/2069775″],”wp:attachment”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media?parent=2069773″],”wp:term”:[“taxonomy”:”category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/categories?post=2069773″,”taxonomy”:”post_tag”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tags?post=2069773″,”taxonomy”:”_tc_cb_tag_taxonomy”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag?post=2069773″,”taxonomy”:”tc_stories_tax”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_stories_tax?post=2069773″,”taxonomy”:”tc_ec_category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_ec_category?post=2069773″,”taxonomy”:”tc_event”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event?post=2069773″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”_embedded”:{“authors”:[“id”:133574210,”name”:”Zack Whittaker”,”url”:””,”description”:”Zack Whittaker is the security editor at TechCrunch. 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Zack Whittaker is the security editor at TechCrunch. You can send tips securely via Signal and WhatsApp to +1 646-755-8849. He can also be reached by email at zack.whittaker@techcrunch.com and zack.whittaker@protonmail.com”,”cbAvatar”:”https://crunchbase-production-res.cloudinary.com/image/upload/arqrabrudwyofg3sb2pl”,”twitter”:”zackwhittaker”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/133574210″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”author”:[“id”:133574210,”name”:”Zack Whittaker”,”url”:””,”description”:”Zack Whittaker is the security editor at TechCrunch. You can send tips securely via Signal and WhatsApp to +1 646-755-8849. He can also be reached by email at zack.whittaker@techcrunch.com and zack.whittaker@protonmail.com”,”link”:”https://techcrunch.com/author/zack-whittaker/”,”slug”:”zack-whittaker”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/9c6f2f007a1fadfcf4f9da867130c493?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/9c6f2f007a1fadfcf4f9da867130c493?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/9c6f2f007a1fadfcf4f9da867130c493?s=96&d=identicon&r=g”,”links”:”homepage”:”https://techcrunch.com/author/zack-whittaker/”,”twitter”:”https://twitter.com/zackwhittaker”,”linkedin”:”https://www.linkedin.com/in/zackwhittaker/”,”crunchbase”:”https://www.crunchbase.com/person/zack-whittaker”,”position”:”Security Editor”,”cbDescription”:”

Zack Whittaker is the security editor at TechCrunch. You can send tips securely via Signal and WhatsApp to +1 646-755-8849. He can also be reached by email at zack.whittaker@techcrunch.com and zack.whittaker@protonmail.com”,”cbAvatar”:”https://crunchbase-production-res.cloudinary.com/image/upload/arqrabrudwyofg3sb2pl”,”twitter”:”zackwhittaker”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/133574210″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”wp:featuredmedia”:[“id”:2069775,”date”:”2020-11-04T09:58:46″,”slug”:”voters-in-14-states-head-to-the-polls-on-super-tuesday”,”type”:”attachment”,”link”:”https://techcrunch.com/2020/11/04/election-day-cyberattacks-misinformation/voters-in-14-states-head-to-the-polls-on-super-tuesday/”,”title”:”rendered”:”Voters In 14 States Head To The Polls On Super Tuesday”,”author”:133574210,”license”:”source_key”:”getty images”,”person”:”Samuel Corum”,”person_url”:”https://www.gettyimages.com/search/photographer?family=editorial&photographer=Samuel+Corum”,”authors”:[133574210],”caption”:”rendered”:”

HERNDON, VA – MARCH 03: A woman marks down her vote on a ballot for the Democratic presidential primary election at a polling place in Armstrong Elementary School on Super Tuesday, March 3, 2020 in Herndon, Virginia. 1,357 Democratic delegates are at stake as voters cast their ballots in 14 states and American Samoa on what is known as Super Tuesday. 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new SEC equity crowdfunding rules encourage more founders to pass the hat?”,”content”:{“rendered”:”

The flow of venture capital in 2020 has been surprisingly strong given the year’s general uncertainty, but while investors have showered plenty of dough on growth-stage companies, seed-stage startups are down 32% last quarter compared to the year before.n

There have been plenty of recent conversations about alternative funding routes for founders, and one of those oft-overlooked paths has been equity crowdfunding. While crowdfunding platforms like Kickstarter push consumers to back unrealized projects in exchange for products or other services, equity crowdfunding allows consumers to actually invest cash and receive a piece of the company. It’s not a conventional path, but it can be a viable option for companies that have a close relationship with an engaged customer base.n

The Security and Exchange Commission’s Regulation Crowdfunding guidelines were adopted under Title III of the JOBS Act back in 2016, but because many entrepreneurs were unfamiliar with how to participate, many of the startups that have taken advantage of it haven’t been the highest quality. The tide could be turning: This week, the SEC updated some of its guidance on crowdfunding, eliminating some ambiguities and increasing the amount of capital companies can raise from both accredited and nonaccredited investors. Additionally, companies can now raise $5 million per year using equity crowdfunding, compared to the previous limit of $1.07 million.n

But life has gotten easier in other ways as well for founders pursuing this fundraising type and the platforms that seek to simplify it.n

Wefunder is one of a handful of equity crowdfunding platforms that have popped up in the last few years. Before a company can raise on its platform, Wefunder vets them before allowing them to tap into their network of amateur investors who can invest as little as $100 with the median investment sitting at $250. Last month, 40 companies launched on Wefunder and collectively raised $12 million, according to Wefunder CEO Nicholas Tommarello.



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