“I don’t fucking want innovation,” the ex-employee recalls CEO Mark Pincus saying. “You’re not smarter than your competitor. Just copy what they do and do it until you get their numbers.”
Citing industry sources, The Wall Street Journal reported today that Zynga CEO Mark Pincus, along with his top executives, decided last year as they were preparing for an initial public offering (IPO) that they had given out too much stock to employees. But rather than accept that reality, the executives reportedly tried a different tactic: demand employees give back not-yet-vested stock or face termination.
So either the anonymous sources of the San Francisco Weekly and The Wall Street Journal are utterly full of shit, or this guy is a bona fide sociopath. Right?
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