• Chief Creative Officer Mike Verdu Leaves Zynga To Found New, Zynga-Backed Startup

    Billy Gallagher

    Billy Gallagher is a contributor for TechCrunch. He is currently the co-student body president at Stanford University, where he is on track to graduate with a bachelor’s degree in economics in 2014. Billy was previously the president and editor in chief of The Stanford Daily. Disclosures: As a poor college student, I own no stock and have no financial interests... → Learn More

    Tuesday, August 28th, 2012
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    Zynga announced today that Chief Creative Officer Mike Verdu will leave the company after three years to lead his own startup. This might raise questions for some investors, as Verdu has been a driving force behind Zynga’s success over the years.

    But, it’s not a complete separation. Zynga will “be on the ground floor” and be an investor in Verdu’s new startup. His new company has not yet been announced.

    “Mike has been a good friend to me personally as well as professionally, and has been an influential creative leader to us all,” Zynga CEO and founder Mark Pincus said. “I’m proud of the legacy that Mike has helped build and the deep bench of creative talent and leaders who will carry the torch and shape the next wave of creativity at Zynga.”

    “During my three years at Zynga, I’ve seen the company grow from a small, scrappy start-up on the frontier of interactive entertainment to a large, world-class organization with 20 development studios around the world and a deep well of amazing talent,” Verdu said. ”Being at Zynga in the early days reminded me of how much I love being an entrepreneur. After a lot of soul-searching, I have decided to go back to my roots and start a new company.”

    Update: AllThingsD is reporting that Verdu is starting his own game company and that Zynga “will be the publisher of his games on its third-party platform.” Verdu did not disclose the name of the new company.


    Company: Zynga
    Website: zynga.com
    Launch Date: July 2007
    IPO: NASDAQ:ZNGA

    Zynga was founded in July 2007 by Mark Pincus and is named for his late American Bulldog, Zinga. Loyal and spirited, Zinga’s name is a nod to a legendary African warrior queen. The early supporting founding team included Eric Schiermeyer, Michael Luxton, Justin Waldron, Kyle Stewart, Scott Dale, John Doerr, Steve Schoettler, Kevin Hagan, and Andrew Trader. Zynga’s mission is connecting the world through games. Everyday millions of people interact with their friends and express their unique personalities through our...

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