Tencent Acquisition
" i don't know where you were reading but in these forums and reddit, not having to pay for the game hasn't stopped a single person from making claims to change the game in their favourite direction because they supported. having a annual subscription would change nothing. even having the forums paywalled wouldn't change a thing as it's mostly supporter folks that most seriously complain about the game and that certain ingame things cost money. age and treachery will triumph over youth and skill!
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" I do understand your reaction but : - Have you any idea how a company works ? ( financial needs and everything that allows a company to "stay alive" ) - Have you considered that GGG works with Tencent since 2016 for the chinese version ? - Did you try to imagine how much money you would need to sustain a game that has (in best case scenario) 100k concurrent players ? (spoiler : a frak load) I do understand that you can be scared when a company like Tencent gains almost all shares on a company like GGG (I am too). But I think you are kind of crazy to think that the community could invest in GGG to sustain its activity :) Last edited by __MaX__#5861 on May 21, 2018, 8:36:33 AM
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I think that getting bought by another company will serve as a secure way to expand, to hire more people to fix stuff and work simultaneously on various things and improve the game and processes for the better. From Tencent it could be just a smart financial decision if GGG is in good black numbers and growing)
My suspicion is that GGG is starting to expand and prepare for some bigger leap towards a new game which could replace PoE, but the timeline could 3-5 years so nothing to get our hopes up :) There's cofirmation that PoE will expand for at least next 2 years. PS: direct financing is not desirable for GGG as far as I undersand what you mean by "investments from community". GGG sells product - game - and gets direct money from the user base by selling micro transactions. Getting some single person investment at this point is not that great from company ownership stand point - could be different story 10 years ago, but who from you could expect PoE to get this big 3 years before releasing any beta content :) I represent only myself, my own thought and believes. I am individual, not a representative of the community. I am not speaking on behalf of someone else and I don't get offended by things that have nothing to do with me. 3.13 was the golden age. Last edited by Marxone#0650 on May 21, 2018, 9:32:46 AM
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ITT: tons of naive people who somehow want to willfully ignore Tencent's proven track record of snapping up other companies, claiming to "allow" freedom, and then reneging on it.
Seriously, it's only a matter of time before the contents of the game start getting censored to conform with Chinese standards. (e.g, League of Legends) " Yep, because GGG TOTALLY was making zero money up until now; no one was paying them a dime; they had no, y'know, "support" from anyone playing the game... (/sarcasm) Moreover, you made it clear that you actually don't know how companies work, since you swapped around "capital investments" with "a continuous source of revenue." My guides: Summon Homing Missile (SRS) | Act II starter RF | Budget Oro's Flicker Strike
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There are three people that create a gaming company, over time said company becomes very valuable and they sell it.
That´s how it goes since day 1 of creativity, did you know that the guy who created DOS, saw only a few thousand bucks, while Bill Gates is a billionaire today? Money is what it´s all about and you can be pretty sure that the three GGG guys are a millionaire by now. Why should they not get money for their product, when it´s clear that the peak has been reached? They are recycling content since many months now, maybe they did run out of ideas, maybe they just lost interest or maybe they know that this breach like content, is the only way to keep the current players happy and investing. I did warn people before, if you turn POE into a D3 clone by asking for speed meta only content, then you will alienate a lot of potential customers that don´t like that. GGG missed out on a lot of customers by giving in to your demands and they know that selling the company now was the only way to preserve some money. Bestiary was a great step forward, so would be an auction house. But since you younger folks are against that, the game will never grow and gain new customers as it´s too "niche". Gamers today, don´t like playing weeks to get into endgame, they don´t like missing out on content, because they don´t run fotm builds. Blaming Chris and Co. is silly, as you are the reason why they had to do what they did. If the community wouldn´t have been so stubborn with their "no AH, remove bestiary, cut XP gain, keep xp loss on death..." then POE wouldn´t need the help of a Chinese investor. My hope for POE is, that we will finally get our Auction house, as it exists in the Chinese version. |
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" I work in a Hedge Fund so yes, I have a slight idea of how business works. I think you are confusing 'profitable' with 'even more profitable!'. Clearly GGG has been successful so far to have grown a 100+ people team. Simply take a look at the player base - there are peaks and valleys, but there is a clear positive trend, the game is attracting mainstream attention and that's why Tencent has decided the time is now to snatch it while the company would still make good use of their financial support (despite working together since 2016). What I am saying is - it is sad that after so much work to stay independent, community-driven, for-the-players developer, GGG cracked under the pressure and sold out, plain and simple. There are many ways to continue monetising as discussed by Chris in Baeclast - I don't want to over-expand. TL;DR: not blaming, just shame you have left yourself at a huge corporation's mercy for further plans of this game's development. And I believe that as any other market participant, GGG could have raised all the capital they needed. Have loads of small investors, not a single one is my point. Last edited by WithLoveEarL#6011 on May 21, 2018, 10:42:03 AM
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" That's a deeper subject - it is sad that the only driver in the modern world is money. While I want GGG to be paid and I am very happy they are, I as a consumer of their product have the right to express that they might have just destroyed or commercialised their unique game that has the potential to be the best in this watered-down market of mass-produced games with lack of content and storyline. I think the moment you say something like 'clearly the peak has been reached' is when the discussion ends. It clearly has not reached any peaks. There is a clear positive trend in PoE player base despite a very unimpressive league. The next will smash the records once again. |
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one bit you guys seem to miss and a big bit: most of ggg employees were most likely just as suprised today morning as we are. thing is - we do not care that much, they - they do.
this kind of business changes creates divides in the workforce - there are these who benefited HUGELY, there are these who knew beforehand and the silent rest. it is difficult to stitch employees together after such tornado and because most of the GGG's value comes from Intelectual Property it might end weirdly once some ggg people that are upset with this move start packing their bags. to be pretty frank - if i were in any kind of AAA gaming studio id start reaching out to ggg employees NOW. it is perfect time to 'buy' yourself some valuable assets thats also the reason why you 'buy' companies when they a lot smaller than GGG currenty is or MUCH larger. 100 or 200 strong team is very easy to collapse (have seen it, have been part of it, have caused it) |
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" I mostly agree. But when I was asking about "how a company works" (it was not aggressive or condecending) I had in mind the fact that a ton of factors can lead a company to take these kind of decisions. The money is only one part of the problem. So, yes I don't like Tencent, and yes I do prefer independent studios... and personnally I would choose a more "independent" approach if I had my own ( for now I'm just working with one ). But everyone is different, and when opportunities like that happen when you have worked countless hours for several years. I do understand why you could choose that solution. |
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I'm more surprised people are thinking GGG needed the money that badly. Most companies will not go about aquiring a company that is losing money, or else the purchasing company will be spending money to lsoe even more money, never a good buisness plan.
As for why now, who knows. Maybe GGG are not just interested in being tied to a single product, and expand. Tencent money gives them that. Maybe they are interested in doing PoE 2, a new game, from the ground up, with great graphics and performance, with never a drop of desync, Tencent money could make that possible. Basically, it comes down to, if your still enjoying PoE, nothing has really changed, support it. If it changes, and you don;t like the direction of the changes, don;t support it. But with the current whinefest going on here and reddit, I do think the community is doing more harm to PoEthen Tencent ever could. |
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