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Author |
Thread Statistics | Show CCP posts - 1 post(s) |
Jafit
Dreddit Test Alliance Please Ignore
334
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Posted - 2012.08.10 11:11:00 -
[1] - Quote
http://techcrunch.com/2012/08/09/ccp-dust-514-funding/
Begin the doomsaying and tinfoil. |
Sentient Blade
Walk It Off LEGIO ASTARTES ARCANUM
461
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Posted - 2012.08.10 11:12:00 -
[2] - Quote
Plex4ShareOptions?
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TheSkeptic
Federal Navy Academy Gallente Federation
26
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Posted - 2012.08.10 11:15:00 -
[3] - Quote
Sentient Blade wrote:Plex4ShareOptions?
This actually made me lol, gg |
Tippia
Sunshine and Lollipops
8969
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Posted - 2012.08.10 11:16:00 -
[4] - Quote
GÇ£The company doesnGÇÖt have any immediate plans to go publicGÇ¥ GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥
CONCORD spawns: quick enough to save you?
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Jafit
Dreddit Test Alliance Please Ignore
334
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Posted - 2012.08.10 11:17:00 -
[5] - Quote
Tippia wrote:GÇ£The company doesnGÇÖt have any immediate plans to go publicGÇ¥
Damn you and your 'reading'
Also I clearly don't understand what an IPO is then. |
Luis Graca
138
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Posted - 2012.08.10 11:19:00 -
[6] - Quote
so thats were the ATX plexes went |
Destination SkillQueue
Are We There Yet
2569
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Posted - 2012.08.10 11:20:00 -
[7] - Quote
Tippia wrote:GÇ£The company doesnGÇÖt have any immediate plans to go publicGÇ¥
This will propably turn in to "Majority ownership will propably be sold to EA or Activision in the future." within a few pages. |
Chainsaw Plankton
IDLE GUNS IDLE EMPIRE
177
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Posted - 2012.08.10 11:43:00 -
[8] - Quote
if facebook taught me anything it is going public is great just dump all your insider shares before you crash and burn! |
Othran
Southern Cross Empire Flying Dangerous
221
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Posted - 2012.08.10 11:47:00 -
[9] - Quote
Sounds like the existing investors decided to inject capital to pay the bank loan off (rather than roll it over) which was due about now?
Makes sense as the bank had first claim on assets, now the existing investors have that right. |
ACE McFACE
24th Imperial Crusade Amarr Empire
804
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Posted - 2012.08.10 11:48:00 -
[10] - Quote
Destination SkillQueue wrote:Tippia wrote:GÇ£The company doesnGÇÖt have any immediate plans to go publicGÇ¥ This will propably turn in to "Majority ownership will propably be sold to EA or Activision in the future." within a few pages. OMG CCP IS BEING BOUGHT OUT BY EA AND BLIZZARD-ACTIVISION?! "7 pages of people insulting me - aka trolling" - Lady Hofstedar What s/he (probobly he) meant: "7 pages of people disagreeing with my terrible idea - aka trolling" - Lady Hofstedar |
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Chainsaw Plankton
IDLE GUNS IDLE EMPIRE
177
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Posted - 2012.08.10 11:51:00 -
[11] - Quote
oh right and lulz ccp going public, once they realize the paperwork involved they will call it off. what do you mean we have to put out quarterly reports!? |
Halcyon Ingenium
Dreddit Test Alliance Please Ignore
160
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Posted - 2012.08.10 11:56:00 -
[12] - Quote
Othran wrote:Sounds like the existing investors decided to inject capital to pay the bank loan off (rather than roll it over) which was due about now?
Makes sense as the bank had first claim on assets, now the existing investors have that right.
Ding! I think we have a winner.
Also:
Some reporter wrote:The launch is also coming after the disappointing performance of the highly anticipated MMORPG Star Wars: The Old Republic. Reid points to The Old Republic as a sign that GÇ£players by-and-large are consuming the content of triple-A games faster than anybody is able to develop them.GÇ¥
No, it means people don't want to play the same game copy and pasted with a new title and skins, which is what Derp Wars was, basically WoW with Star Herp overlay.
What keeps the customers coming back? A unique IP and a unique game. They say that in learning the game Go, it is best to lose your first 50 games as soon as possible. This is because Go is complex, and the only way you will start to get an idea of strategy and play is by first sucking and failing as hard as you can. So...In EVE, it is best to get your first 50 deaths by combat as soon as possible. |
Randomize All
State War Academy Caldari State
23
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Posted - 2012.08.10 11:58:00 -
[13] - Quote
They raised $20m for Dust? And they want me to Beta test it for them for free?
I DON'T THINK SO TIM. |
Natsett Amuinn
GoonWaffe Goonswarm Federation
207
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Posted - 2012.08.10 12:02:00 -
[14] - Quote
Jafit wrote:Tippia wrote:GÇ£The company doesnGÇÖt have any immediate plans to go publicGÇ¥ Damn you and your 'reading' Also I clearly don't understand what an IPO is then.
The part about the finances putting them in a position to offer an IPO should mean that it would allow them to retain majority shares should they decide to go public.
As long as they keep doing what they're doing, don't over extend themselves, and continue to make a profit; while retaining the majority shares, than an IPO would be a good thing for them and us.
I don't doubt that if Dust does well they won't start taking steps to get an IPO out there. I personally am all for seeing CCP grow, I'd really like to see them get a development staff that is able to actually evolve the game in a timely fashion.
If they did offer an IPO at some point, I wouldn't hesitate to purchase some stock myself. I really don't see CCP doing anything but growing. For a company making their first console game, and first shooter, Dust is actually pretty impressive and shows a lot of competence. |
Sarik Olecar
Royal Amarr Institute Amarr Empire
112
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Posted - 2012.08.10 12:03:00 -
[15] - Quote
Sony making its move? Here comes EVE II: SWG's Edition... |
Sexy Cakes
Poasting
50
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Posted - 2012.08.10 12:05:00 -
[16] - Quote
Sarik Olecar wrote:Sony making its move? Here comes EVE II: SWG's Edition...
why you little.... Not today spaghetti. |
Dinsdale Pirannha
Pirannha Corp
251
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Posted - 2012.08.10 13:11:00 -
[17] - Quote
I know I am not alone in this, but I would love to get my hands on CCP's books. 66M in annual revenue, and they just had an additional infusion of 20M in convertible bonds.
What rate are they paying on those bonds? What percentage of the share base will that 20M buy if they are all converted? Why did they do this? Are they that strapped for cash that they need 20 M to promote Dust and build up internal infrastructure?
So they went to institutional investors. Now the question is, are they banks, or just some private investment houses? I would think investment houses, since most banks are not in the business of holding stock (assuming the bonds are converted) in companies, especially video games companies.
From reading this article, and the comments for "possibly" preparing for an IPO, it looks like CCP is starting down the slippery slope to public ownership.
If that happens, this game will indeed be forced to go mainstream. |
Tippia
Sunshine and Lollipops
8972
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Posted - 2012.08.10 13:16:00 -
[18] - Quote
Dinsdale Pirannha wrote:I know I am not alone in this, but I would love to get my hands on CCP's books. 66M in annual revenue, and they just had an additional infusion of 20M in convertible bonds.
What rate are they paying on those bonds? What percentage of the share base will that 20M buy if they are all converted? Why did they do this? Are they that strapped for cash that they need 20 M to promote Dust and build up internal infrastructure?
So they went to institutional investors. Now the question is, are they banks, or just some private investment houses? Well, there's this, this and this, for startersGǪ GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥
CONCORD spawns: quick enough to save you?
|
Implying Implications
GoonWaffe Goonswarm Federation
199
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Posted - 2012.08.10 13:19:00 -
[19] - Quote
I'd like to invest. 1b ISK sent. püåpüÉpüàn+P |
Vincent Athena
V.I.C.E. Comic Mischief
910
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Posted - 2012.08.10 13:47:00 -
[20] - Quote
The full quote from the article
"Reid says the funding will allow CCP to prepare for an IPO. The company doesnGÇÖt have any immediate plans to go public, but he says the money GÇ£allows us is to do some of the things you need to do for IPO preparedness,GÇ¥ such as building greater redundancy into its computer systems, so that itGÇÖs ready to go public when and if the time is right."
So not going public now, but maybe at some time in the future.
Can you imagine the tax and legal issues with "PLEX for stock"? We'll never see that! http://vincentoneve.wordpress.com/ |
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Halcyon Ingenium
Dreddit Test Alliance Please Ignore
160
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Posted - 2012.08.10 13:50:00 -
[21] - Quote
Vincent Athena wrote:The full quote from the article
"Reid says the funding will allow CCP to prepare for an IPO. The company doesnGÇÖt have any immediate plans to go public, but he says the money GÇ£allows us is to do some of the things you need to do for IPO preparedness,GÇ¥ such as building greater redundancy into its computer systems, so that itGÇÖs ready to go public when and if the time is right."
So not going public now, but maybe at some time in the future.
Can you imagine the tax and legal issues with "PLEX for stock"? We'll never see that!
But it would be a new frontier in gaming that they could explore! Don't you want to penetrate into the inner folds of that moist, warm, frontier of gaming?
They say that in learning the game Go, it is best to lose your first 50 games as soon as possible. This is because Go is complex, and the only way you will start to get an idea of strategy and play is by first sucking and failing as hard as you can. So...In EVE, it is best to get your first 50 deaths by combat as soon as possible. |
Vincent Athena
V.I.C.E. Comic Mischief
910
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Posted - 2012.08.10 13:53:00 -
[22] - Quote
Id just like to get some stock so I can get the quarterly shareholder's report. That would be icky enough for me. http://vincentoneve.wordpress.com/ |
Arline Kley
Galactic Rangers
28
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Posted - 2012.08.10 13:56:00 -
[23] - Quote
Chainsaw Plankton wrote:what do you mean we have to put out quarterly reports!?
"Well this quarter, 75 trillion isk in Tritanium was traded in the market hubs in Jita and Amarr; 800 Freighters have been destroyed while GoonSwarm have moved into the Delve system...."
Blessed are those that carry the Empress' Light; with it they destroy the shadows |
Eugene Kerner
TunDraGon
82
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Posted - 2012.08.10 14:04:00 -
[24] - Quote
cough Sony being able to get a good part of the shares cough |
Dinsdale Pirannha
Pirannha Corp
251
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Posted - 2012.08.10 14:07:00 -
[25] - Quote
Tippia wrote:Dinsdale Pirannha wrote:I know I am not alone in this, but I would love to get my hands on CCP's books. 66M in annual revenue, and they just had an additional infusion of 20M in convertible bonds.
What rate are they paying on those bonds? What percentage of the share base will that 20M buy if they are all converted? Why did they do this? Are they that strapped for cash that they need 20 M to promote Dust and build up internal infrastructure?
So they went to institutional investors. Now the question is, are they banks, or just some private investment houses? Well, there's this, this and this, for startersGǪ
How did you find this info? |
Goremageddon Box
Guerrilla Flotilla
391
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Posted - 2012.08.10 14:08:00 -
[26] - Quote
i remember asking blizzard a question and they responded something along the lines of...
"we cant say that because of our shareholders...."
yea, thats why u have no games left on my computer. |
Tippia
Sunshine and Lollipops
8977
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Posted - 2012.08.10 14:09:00 -
[27] - Quote
Dinsdale Pirannha wrote:How did you find this info? GǪoh, I have an entire bookmarks folder full of them since last summer, when people started digging up all kinds of things to try to make sense of CCP's behaviour.
GÇ£If you're not willing to fight for what you have in GëívGëí you don't deserve it, and you will lose it.GÇ¥
CONCORD spawns: quick enough to save you?
|
Bloutok
Murientor Tribe Defiant Legacy
6
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Posted - 2012.08.10 14:11:00 -
[28] - Quote
The thing that is bugging me about such news is that i infer that CCP ran out of money in a more serious fashion then was already known.
Dust better work like nothing before. |
Goremageddon Box
Guerrilla Flotilla
391
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Posted - 2012.08.10 14:13:00 -
[29] - Quote
Tippia wrote:Dinsdale Pirannha wrote:How did you find this info? GǪoh, I have an entire bookmarks folder full of them since last summer, when people started digging up all kinds of things to try to make sense of CCP's behaviour.
You still got the pages for the russian mafia they siphon money into?
:) |
BoBoZoBo
MGroup9 Quantum Cafe
73
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Posted - 2012.08.10 14:30:00 -
[30] - Quote
Bonds were issued for the money, how does this translate to going public? In a time where going public is more hassle than its worth in most cases at CCPs scale, im curious as to why? To support advertising only? Primary Test Subject GÇó SmackTalker Elite |
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