Tencent & Charan

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Ocylix wrote:

So, let me just clarify some stuff here:

the previous holdings was with Chris 41%, and the rest of GGG has around 3% or less.

now it's Tencent 80%, GGG 20%, and the others removed.


so now 80% of GGG profit goes to Tencent. I don't know enough to express a lot of opinion here, but isn't owning 75% or more let's you decide directors? that and closing the company too.


Chris, if you are making PoE 2, you have to take us with you

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codetaku wrote:

orribly off.
As of 3 months ago, Chris and Jonathan together had 54%. You're correct that Chris had around 40, Jonathan had around 14, Erik had some nontrivial percentage as well but I don't remember how much. But just the top 2 at GGG combined had the controlling stake.

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鬼殺し wrote:

We've wondered but then we've remembered that restrictions breed creativity, excess encourages laziness.

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鬼殺し wrote:

Here's an interesting thought. I play Warframe. A fair bit. That game is considered pay to win by some standards, certainly by GGG's, but on balance it's mostly pay for convenience. You can trade for the cash currency, as you can with plex on EVE, and you can acquire everything except for player-designed skins in-game. It's impossible to look at any given Frame and see a whale -- an interesting situation, to be sure. They might have crafted their skins, and even if they're player made, the most you can spend on those is well under a hundred bucks, total.

This is a far cry from PoE where you can see a whale a mile off if they're wearing their bling -- because mtxes HAVE to be expensive when there's no pay to win or for convenience. GGG don't have the underlying safety net that Digital Extremes and so many other f2p developers do.

I appreciate that this pay for convenience gives Digital Extremes a lot more freedom to be generous in other areas. When you equip an elemental mod, your weapon glows appropriately. You can redye all your gear for very cheap. Skins are cheap and very detailed.

Which is all to say, while the 100% free to play, zero pay to win model garnered GGG a lot of support from people like me, in the long run it's possibly done more harm than good. It only takes a little 'guaranteed' income to allow a developer to ease back on the cost of mtxes, and you can see in stash tabs GGG's attempt at that guaranteed income. It sort of worked, but clearly not enough. Warframe also charges for storage, on top of providing you the chance to just cash your way to all the frames and weapons. Not that any of that would make you any better at the game, but it'd give you a leg up for sure.

I currently consider Warframe, with its cheaper mtxes and more-for-free offset by a measure of pay for convenience/to win, fairer and better value than PoE, with its horrifically expensive mtxes offsetting almost no pay for convenience and no pay to win. By far.

I never thought I'd reach that point.

Here's a twist though: Digital Extremes are also Chinese owned. 61% of the company is owned by a Chinese company called Leyou. This has been the case since 2014, and the game has only gotten better since then.

Unlike Tencent, however, Leyou remains pretty small, and only has stock in two developers. They're mostly food wholesale. I consider that a fairly different situation to what's happened to GGG, which is more like a surrender despite years of defiant independence.

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鬼殺し wrote:

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vio wrote:

if some of you watched baeclast ep23, chris said if he could make something possible it would be a directors cut of the game which runs alongside a league which is deadly.

which i interpreted as "the current game is a compromise for tehMarket". it's not the game they ever wanted to play.

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also nice: when this tarkeCat kiddo confronted chris with the hilariously dumb accusation of chris financing his magic the gathering addiction with "our supporter money", chris showed him the middle finger in form of some mtg card set and likely though: "i'm so done with this stupid community interaction, signing with tencent tomorrow".

and so he did.

I didn't know about that. What a shitty thing to do. There's nothing wrong with the managing director of a very successful game using some of his earnings from that game (yknow, his pay, basically) to fund his hobbies. What a dickhead.

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鬼殺し wrote:

I didn't know about that. What a shitty thing to do. There's nothing wrong with the managing director of a very successful game using some of his earnings from that game (yknow, his pay, basically) to fund his hobbies. What a dickhead.

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vio wrote:

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鬼殺し wrote:

I didn't know about that. What a shitty thing to do. There's nothing wrong with the managing director of a very successful game using some of his earnings from that game (yknow, his pay, basically) to fund his hobbies. What a dickhead.

it's in the last minutes of the 3 hour torture that was baeclast ep23.

i didn't get half the jokes cause of the mumbling and dialect, the rest made me feel awkward because those streamers are so self centered as their questions were.

haven't seen this elite attitude since kripparian directly insulted chris and left the game for good. good riddance.