Reports are that Zynga CEO Marcus Pincus is looking for certain early employees to give back their stock of the company ahead of the IPO. The executive apparently developed “giver’s remorse” after giving out stock so freely early on.
A large part of the stated “giver’s remorse” is that Pincus doesn’t feel some early employees contributed as much as later employees did, though due to their seniority they ended up with more stock in the company. Zynga had no official comment, since they were in their federally mandated quiet period ahead of its IPO.
Source: Washington Post
