social gaming/netowrking is big business.

Hotshotmedia is linked to a company that was just bought by Zynga (see HSM on twitter)

For information on Zynga see below.


Veteran entrepreneur Mark Pincus has had a huge year. His company, Zynga, went from being one of several relatively small social gaming companies on Facebooks developer platform to clearly take the lead in terms of users and, from what many people hear, revenue.

With a raw total of 230 million monthly active users and nearly 60 million daily active users on Facebook alone, it is many times larger than its nearest rivals, according to AppData. These numbers do not include the companys games on other platforms, like MySpace and the iPhone.

Based primarily on the sale of virtual goods within games like virtual farm game FarmVille, the company will likely do at least $200 million in revenues this calendar year, according to our estimates, and revenue growth is looking very strong as we enter 2010.