Zynga Might Offer Less Than 10% of Shares to Public [REPORT]

Credit:

The company, which hasn’t yet set an IPO date, may make less than 10% of its shares available to the public, according to Bloomberg. The model for such a public offering is LinkedIn, which sold 8.3% of its stock on its opening day. Pandora is selling 8.6%. The average among U.S. tech IPOs last year was 24%, according to Bloomberg data.