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Zynga's (ZNGA) CEO Frank Gibeau presents at UBS Annual Global Media and Communications Conference (Transcript)

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Zynga (ZNGA) UBS Annual Global Media and Communications Conference December 3, 2018 3:15 PM ET


Frank Gibeau - Chief Executive Officer.



Unidentified Company Representative

You’ve joined the company a couple of years ago now. Zynga’s been through a really interesting transformation, as you look at where it was a couple of years ago when you took on the job versus where we are today. Maybe just start by reflecting back to what the company was like, where it’s come over these last two years and bring us sort of up to date on the transformation that you've sort of overseen.

Frank Gibeau

Okay, sure we can do that. It feels like it was just yesterday. And time has really gone fast. We have a saying at Zynga. It’s called Zynga Speed, which is to go really really fast and we’ve definitely embraced it. As we’ve looked at these the last couple of years, we’ve really focused early on about unlocking the value of the company. With the early days, when we got there and we’ve looked at the company with this incredible collection of brands, really talented people, some clear competitive advantages in product management, data analytics, great advertising stacks, really killer brands, growing market, great balance sheet but for whatever reasons things weren’t getting executed on. And there was too many projects underway, not enough attention was being paid to some of the biggies like Poker and Words With Friends. And so what we did very early on was just focus in on what we felt was going to be the key – the key issue, which is get our live services going.

And if we can execute there, and do what we said we were going to do, we thought we could rebuild our credibility as a

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