Tencent has Invested in Grinding Gear Games
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Social score decreased by 1000 points, i am now unable to attend exilecon.
Last edited by aomas#5243 on May 21, 2018, 3:56:52 PM
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" wut? Tencent owns like 90% of Riot |
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wew look at all this knee jerking. They said nothing will change, they are still their own company.
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" Wrong. No way in hell I would have made that decision. I'm not some kid who is ignorant about how things work. I was working in engineering tech companies before Chris was born. I worked most of those years as a consultant/contractor. I know how these things work. If it's only about money, there are a lot of ways to make money. I wouldn't have done it, and I know a lot of companies I've worked for wouldn't have done it either. |
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" Now its time for people like you, to show double the support than before ;) |
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" L2comprehend. |
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" Hey guys, did you hear? Everything will be OK because Chris said so. Whew. (what good is "being your own company" if a foreign interest owns 80% of it?) |
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:D
Last edited by razzik#9487 on May 21, 2018, 4:12:28 PM
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" I am well aware since more "made in China" shit broke at my house the other day (a caulk gun if you must know - the god damn steel broke by the rivets near the handle). However I don't necessarily blame China for this at all. In fact most of the blame - and profit (my money) - goes to the companies outsourcing to China. The Chinese laborers also need to eat, and I would be OK with Grinding Gear Games outsourcing to China (not sure what but let's have a hypothetical), but the difference here is that they are now owned by a Chinese company and not the other way around. Most of the profit (my money) will now be going to GGG's Chinese overlords so yeah maybe my comments aren't helpful but really who gives a shit since my comments, your comments, and everyone's comments will have little impact on what transpired. None of this is 'helpful' and the deal is done. Some of us are here to express our disapproval - which again does not f'n matter. ✰CARD✰ The Survivalist
I can’t buy any more big supporter packs because the forum only supports showing 7 legacy tags. |
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" They are unlikely to 'trump' decisions made by a team that has a great track record of growing their market share and delivering high quality content - this is what makes them attractive to investors. Tencents are a multinational conglomerate, they will look for synergy across their businesses/portfolio to streamline and drive further growth - most likely investing into marketing and allowing the GGG development team to do what they do best! You speak as if this is a betrayal by Chris and GGG, and imo that is not the situation - the reality is that GGG need investment to grow and take the game to the next stage... i.e. version 4.0 I think this huge investment will make GGG stronger, more sustainable and allow them to continue creating great content. Change is part of any business - you cant afford to stand idle. Lets be clear, this was not a hostile takeover. " |
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