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by cs702 4983 days ago
Interestingly, Mark Pincus, who was Nguyen's co-founder in two of the 'pump-and-dump' schemes listed in the article (Freeloader and Support.com)[1], seems to be on an eerily similar path with Zynga.[2]

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[1] http://en.wikipedia.org/wiki/Mark_Pincus

[2] http://www.forbes.com/sites/nathanvardi/2012/10/05/zynga-kee...

2 comments

In hindsight, calling Freeloader and Support.com "pump-and-dump schemes" was not entirely fair of me, because both companies had real products and customers. If I could edit my comment, I would refer to them as "overhyped startups ultimately doomed to failure in which the founders cashed out before the collapse." That seems more fair.
Some details on Freeloader can be found here - http://www.inc.com/magazine/19980515/1128.html (1998)