<story><title>Zynga to Put Headquarters Building in San Francisco on the Market</title><url>http://news.theregistrysf.com/zynga-to-put-headquarters-building-in-san-francisco-on-the-market/</url></story><parent_chain></parent_chain><comment><author>jedberg</author><text>A lot of people seem to be missing the fact that they plan to sell the building and then rent it back, turning an already paid CapEx into an OpEx.&lt;p&gt;Zynga seems to be really good at the CapEx&amp;#x2F;OpEx game.  Back before they went public, they did everything on Amazon, so it was all OpEx.  Then they built the ZCloud, which converted OpEx to CapEx, which investors liked.&lt;p&gt;What a lot of people don&amp;#x27;t realize is that they have been slowing dismantling ZCloud and going back to AWS (converting previous CapEx to current OpEx).</text></comment>
<story><title>Zynga to Put Headquarters Building in San Francisco on the Market</title><url>http://news.theregistrysf.com/zynga-to-put-headquarters-building-in-san-francisco-on-the-market/</url></story><parent_chain></parent_chain><comment><author>beamatronic</author><text>It&amp;#x27;s a neat building.  It sits in the design center of San Francicso, and was originally built as a mall.  Here is some of the history.&lt;p&gt;&lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.syserco.com&amp;#x2F;projects&amp;#x2F;zynga&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.syserco.com&amp;#x2F;projects&amp;#x2F;zynga&lt;/a&gt;</text></comment>