When Does Zynga Become a Value Stock?
Agile VC
AUGUST 9, 2012
So theoretically if interest rates go up (aka duration risk) or the creditworthiness (aka credit spreads) of the US or the corporations Zynga owns bonds of changes dramatically, they could lose a small amount particularly on their long-term securities. That being said, unlike a company that has essentially zero user acquisition costs (e.g.
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