Farmville just got itself a Fendi
Remember those 3 months of unemployment you suffered through before becoming someone’s bitch for $11.50 an hour? Well had you just invented an addictive and manipulative video game your parents would have been a lot prouder.
For those of you who don’t quite understand what a 13 year old does with a Facebook account, consider the popularity of the social-media games Farmville and Cityville. The Wall Street Journal did, because they’re reporting that Zynga, the company that produces this heroin-filled interactive game, is now claiming that they are worth $7-9 billion. Yikes. I think part of this can be explained by the fact that in Farmville you have to pay real money to buy virtual products like seeds and tractors, which if the subprime credit collapse taught us anything, it’s that real money for imaginary products is a VERY stable investment.
But I think there might be something else at play in that eye-popping valuation: Zynga worth so much money because the organic vegetables they grow are so damn expensive! What could be more local that tomatoes grown directly in your computer? Sure they’re virtual but will that stop Michelle Obama from trying to feed them to school children? Heck no!