Is Grinding Gear Games publicaly traded?

Anyone know if they're into selling stocks?
Hmmmmm... a non-beta member wanting to buy stock. Perhaps it's an Activision bigwig. Once he takes 51% of the shares, he'll change the maps and chisels to coloring books and crayons, which allows you to enter the pretty picket fence dungeon! DON'T DO IT!!!

Edit: Better quality coloring books = the more pink and fuzzy monsters will be.

I am a poor freezingly cold soul
So far from where
I intended to go
Last edited by Oasisbhrnw#4133 on Jun 26, 2012, 12:56:58 PM
Available on RMAH!
Did you seriously ask if they're publically traded? It's a indie developer with around 15 staff members. They're NOT blizzard or facebook.

TDLR;No, They're not
It's an honest question. I've wondered the same thing, but I have no idea how that stuff works.

I am a poor freezingly cold soul
So far from where
I intended to go
"
Oasisbhrnw wrote:
It's an honest question. I've wondered the same thing, but I have no idea how that stuff works.



Exactly, a lot of small companies are. I have made investments with companies that have nothing before.

And you're right. I havent playrd beta. But sometime this week when im done with diablo im going to buy a key and try it out. And btw, I wouldn't go invest in something I know nothing about. I just like to make lots check it out and possbily buy stock later.

The 1000 donation isnt as convincing as holding actual stock worth 1000s.
Last edited by EricAshes#4182 on Jun 26, 2012, 2:28:43 PM
"
EricAshes wrote:
"
Oasisbhrnw wrote:
It's an honest question. I've wondered the same thing, but I have no idea how that stuff works.



Exactly, a lot of small companies are. I have made investments with companies that have nothing before.

And you're right. I havent playrd beta. But sometime this week when im done with diablo im going to buy a key and try it out. And btw, I wouldn't go invest in something I know nothing about. I just like to make lots check it out and possbily buy stock later.

The 1000 donation isnt as convincing as holding actual stock worth 1000s.


This has been discussed quite thoroughly on this board. Diamond supporters are often asked 'why didn't you just invest?'...well, mainly because investing a thousand dollars in anything is actually a very small investment, if you're talking shares and the like. It really is.

When I first found PoE and played it (before the support packages existed, before you could 'buy' a key) I considered investment options with GGG as well. But then I realised something: I don't want to see the game in a different light than what it is to me, as an avid ARPG fan. I don't want to actually feel like its success is my success, or that its possible failure will actually affect me. That's something the brave, crazy souls of GGG and their internal/private investors must shoulder.

I just wanted to remain a fan, albeit one who has had some very small part in shaping what was to come.

If you told me right now I could spend a thousand dollars and travel back in time just to implement my own unique item into Diablo 2 just before its release, I wouldn't hesitate. Not because I'm rich but because that, to me, would be a priceless experience. And I honestly do believe that Path of Exile will be as great as Diablo 2. Maybe not as huge, but easily as great.

Since you haven't even played the game yet, I strongly suggest you do that before even thinking about financial contribution. Seriously. I'm fairly sure every single Diamond I've spoken to had played the game first before making such a commitment...

Because in the end, it won't be about the unique item, the swag or even that shiny kiwi: it'll be about ALL that store credit thatGGG must then acknowledge and for which they must provide worthy content. Right now, an extra stash tab is 30 GGGold; an extra character slot, the same. That's it.

Diamond supporters are sitting on 10,000 GGGold.

Gold Supporters, on 2,500.

Silvers have 1,000.

This is what 'supporting' really amounts to: contributing money to the development of the game, getting goodies, but most importantly: the entirety of what you contribute available as aesthetic cash store credit.

Once the glare clears and the 'glory' of being a higher-end supporter fades a little, this fact is what remains.

GGG have their work cut out for them. I say that not as a fan nor as an investor. I say that as someone who paid for a product and received all that was promised, but left with the implicit guarantee by GGG that the store credit will not go to waste.

That is worry enough for me. If I wanted to invest, seriously invest, in a company with the primary goal of making money, I wouldn't choose GGG. I don't see their financial plan as draconian enough; I don't have 100% faith they're going to be millionaires. I see a group of passionate, talented game developers who are gamers themselves, frighteningly risking almost everything for what they believe in. That's not a good business investment; if I had a financial planner, I'm sure he or she would tell me precisely that.

And I love what GGG are doing. I think they deserve to succeed, wildly, and wanted to do my bit to see that happen. Love, however, is a bad emotion when it comes to business. And you, dear OP, are talking business.

I love what GGG are doing far too much, and want to keep loving it through what will likely be a turbulent but exciting era.

I hope that I've been at least slightly 'convincing'.
If I like a game, it'll either be amazing later or awful forever. There's no in-between.

I am Path of Exile's biggest whale. Period.
seeing you say it may not be as big as D2 is a bit funny.

sure you may be correct and 4-5 years from now PoE didn't make the fan base D2 did BUT! its just as likely especially today with the increased use of media word of mouth that PoE could go as viral as minecraft or become even bigger than D2.I've yet to even try this game yet I've already brought it to the attention of friends and other gamers i know.

the proof will be in the pudding. one thing the dev's are trying to implement which I strongly advise against is the [cut throat looting system] which opens this game to BOT abuse by RMT'co's "getting spammed all day about great RMT prices to buy the rarest items.has done many a game huge harm" people simply get sick of non-stop sales spam in chat channels.

"
Dragoneyes001 wrote:
seeing you say it may not be as big as D2 is a bit funny.

sure you may be correct and 4-5 years from now PoE didn't make the fan base D2 did BUT! its just as likely especially today with the increased use of media word of mouth that PoE could go as viral as minecraft or become even bigger than D2.I've yet to even try this game yet I've already brought it to the attention of friends and other gamers i know.

the proof will be in the pudding. one thing the dev's are trying to implement which I strongly advise against is the [cut throat looting system] which opens this game to BOT abuse by RMT'co's "getting spammed all day about great RMT prices to buy the rarest items.has done many a game huge harm" people simply get sick of non-stop sales spam in chat channels.



All things considered, it's true, me saying that is a bit funny. But I was there for D1 and D2, and they were phenomenal. There's no other word for it. They also had Battle.net, which at the time had no parallel in terms of a gaming platform that also served as an IRC-like environment. People LOVED to chat on Bnet. Clans were formed around it, and to this day I've never had more trouble with anyone on the internet more than this one hardcore (not game-wise, just....really into it) Roleplay clan I crossed -- they taught me about internet security the hard way. And that was all done through Bnet channels; I never saw a single member of that clan in a game.

I'm saying all this because I want to express just how big D1 and D2 were to me. Battle.net channels were crazy worlds unto themselves, claustrophbic and neurotic and utterly disconnected from reality.

So when I say that I don't know if PoE will be that big, it's actually a compliment and even a hope. Because That Other Game, while being a massive departure from its forebears aesthetically and philosophically, owes its existence to the engorged success of Battle.net.

Addressing Cut-Throat: I've played it a few times. As a short-term league, it's magnificent. Anything longer than a duration of hours would be very, very hard to balance and police I think. I really hate PvP precisely because of what you mentioned: the RMT potential to break it -- but if you're talking a short-term league, a race, then that isn't an issue. That is the sort of PvP I love. Because I'm almost as staunch against the real-money-affecting-gameplay thing as GGG are.

Also, I've seen you post quite a bit and, yeah, you don't have a key yet. I hope you are able to get one soon and give it a go; clearly you care about the community and the game. :)
If I like a game, it'll either be amazing later or awful forever. There's no in-between.

I am Path of Exile's biggest whale. Period.
Last edited by Foreverhappychan#4626 on Jun 26, 2012, 4:45:10 PM
I may just break down and buy one this week but my friend whom I always play online with is a staunch no $'s gamer. and its still a debate if i should wait till open to start playing at the same time as he does.

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