The CEO Who Sold Draw Something For $183 Million To Zynga Is Leaving The Company

Zynga bought OMGPOP after its social drawing game "Draw Something" went viral.

At the time, Zynga was getting hammered for having whiffed on mobile gaming. Draw Something was one of the most popular mobile games. The hope was that Draw Something would lift Zynga's mobile portfolio.

Plus, it was reportedly generating decent revenues. There were reports it was doing $250,000 in sales per day as people paid for new color palettes, and other upgrades in the game.

However, shortly after Zynga bought OMGPOP, Draw Something's popularity fell off.

Along the way, Zynga's stock cratered. Zynga's stock at the time of the deal was at $13.71. Today it's at $3.10.

In October, Zynga announced that it was taking a write down between $85 million and $95 million on Draw Something.

Porter is one of the more outspoken people in technology. Last month, speaking on a panel, he said, "Zynga is often accused of copying games, which is mostly true." He then apologized to everyone in the company for that comment.

Presumably, Porter had a one-year contract to stick at Zynga. Now that it's been a year, he'll probably go looking for the next challenge.