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As a result, model risk would be a more serious factor to consider than initial appearances would suggest, even if the combinations the model produces yield (temporary) financial gains. Blackjack android Before Zynga became the gaming giant it is today, Zynga's CEO Mark Pincus had to endure several false starts and detours along the way. Pincus had already three failed companies on his resume before he decided to step into the gaming arena. This opportunity came about in May 2007, when Facebook began letting developers create applications on its social network using its API. This was obviously a bid to beat MySpace, one which succeeded since developers started gravitating to the thriving company.
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In July 2007, Pincus rebranded his new company, calling it Zynga after his late American bulldog which appears in silhouette as the company's logo. The company was growing fast but it had yet to test the waters on Facebook where Zynga would find its later fortunes. When Zynga released their first game for Facebook, a poker game which was initially known as Texas Hold'em Poker and would later evolve into Zynga Poker, it was so successful that it made the company immediately profitable. The stage was set for the rapid growth that would ensue. Approximate Reading Time: 30 Minutes Double - you receive another card and your bet is doubled
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