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Jagex Limited receives growth investment from new investors


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#21
amitoz
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Watch the wildy deleted in 6 months. FML

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#22
aspeeder
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how is this considered selling out?

Because now not only are employees from 3rd part investors on the board of directors, even less stock is owned by the company which means that outside influences have more control over the company's decisions. Basically they got invested in, and now because they need to return that investment they need to focus on making the money back first instead of improving the game; the two aren't always mutually exclusive, but if there comes a time when they are things will start to go downhill fast.

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#23
Nopenope
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Not selling out, more like agreeing to financial expansion.
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#24
Grimy_Bunyip
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how is this considered selling out?

from my understanding, the gowers had majority stock prior to this, but now they do not.
whether that's actually considered selling out is not something i'd be fond of debating :P.

I think the more fundamental problem is the fact that the Andrew does not actually want to manage a big company.
I'm sure 1 eloquent, motivated individual with 25% stock could exert more control than an unmotivated leader with 100% stock over the company.

ultimately, sure Andrew gave up stock share of the company.
But I also get the feeling that he gave up practical control of the company a while ago.
When he decided to focus on making RS game updates rather than the company as a whole.
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#25
Jimmyd17
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Why do people think they're being so hard done by? I have very little to no problem with how Runescape is being run at the moment. I think people are trying too hard to hold on to the supposed "good ol'days". Let it go, things change. People weren't happy with things back then just as people aren't happy about things now.

On topic... I can't see how this is a bad thing. More money will allow Jagex to do sooo much more.

Ps: $32.9 Billion?? That's not right...
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#26
aspeeder
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Why do people think they're being so hard done by? I have very little to no problem with how Runescape is being run at the moment. I think people are trying too hard to hold on to the supposed "good ol'days". Let it go, things change. People weren't happy with things back then just as people aren't happy about things now.

On topic... I can't see how this is a bad thing. More money will allow Jagex to do sooo much more.

Ps: $32.9 Billion?? That's not right...

That's probably thier total income, not their profit lol; paying wages, maintaining servers, buying new hardware, and marketing probably whittled down that number a good amount.

And they can only do more with money as long as they are free to do so, power=/=freedom.

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#27
Will H
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It's the natural progression of business, or rather, successful business. When a company grows large enough and still shows promise of continued growth, investors come in to the equation. More money means things get done faster. I'd be more worried if there weren't any investors by now.

~ W ~


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#28
Krampell
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Interesting now we'll have to wait and see where this leads.

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I drift in and out, trying some update that interests me.

#29
DarkDude
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paying mages,


Those mages are always a greedy lot, they don't do a whole lot (the whole "Magic" thing is easy anyway, any one could do it) yet demand silly amount of money for it! Jagex should get rid of all their mages and just hire warlocks instead, sure they're slightly more underhand with their methods but they get the job done and just demand jewels and staves of unimaginable evil rather than just money.

#30
L2Pullout
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Pretty sure jagex made nowhere close to billions. I would fully believe 32.9 Million is right however.

#31
Bangin_Blonde
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Whoever invested in them is a bunch of suckers. :P

#32
Sam
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A business got invested in. EVERYONE PANIC.

Come on - it happens all the time. Drop the nostalgia of the old days and embrace change.

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#33
Ezkaton
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paying mages,


Those mages are always a greedy lot, they don't do a whole lot (the whole "Magic" thing is easy anyway, any one could do it) yet demand silly amount of money for it! Jagex should get rid of all their mages and just hire warlocks instead, sure they're slightly more underhand with their methods but they get the job done and just demand jewels and staves of unimaginable evil rather than just money.


Tbh why pay them lots of money anyways? Just give them a lead bar and they're sorted with an alchemy spell.

Anyways I just wana see this INVESTED into RS not Stellar Dawn or given away every month in a $10,000 give away :wall: TBH I'd be tempted to give them back the $1000 if I won just to put some good updates into the game.... Though it'd come in useful for paying off Uni stuff <_<

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#34
The Observer
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A company was invested in. It happens all the time. Just gives Jagex more immediate funds to begin projects sooner, etc. Obviously if they have three games running and one in development, operating costs are going to be high. Honestly I'd believe this would (if anything) be used mainly on the development of Stellar Dawn.

All we can do is wait and see. I really don't see any major changes being done by the third party investors. I know that if I am working with people who are more knowledgable about something than I am, I would let them do the majority of the work. If they had any ideas they'd probably bring it up in a board meeting. They wouldn't immediately change anything.

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#35
mackenzie14
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Why do people think they're being so hard done by? I have very little to no problem with how Runescape is being run at the moment. I think people are trying too hard to hold on to the supposed "good ol'days". Let it go, things change. People weren't happy with things back then just as people aren't happy about things now.

On topic... I can't see how this is a bad thing. More money will allow Jagex to do sooo much more.

Ps: $32.9 Billion?? That's not right...

32,9 Million is correct.
581st to Cooking 99 [June 2005]-------------71537th to Hitpoints 99 [December 2009]
233rd to Firemaking 99 [February 2006]----65875th to Defence 99 [February 2010]
822nd to Woodcutting 99 [March 2006]------95249th to Attack 99 [April 2010]
576th to Fishing 99 [September 2006]-------14016th to Crafting 99 [January 2011]
83541st to Strength 99 [May 2009]----------124340th to Magic 99 [June 2011]
23885th to Smithing 99 [September 2011]--XXXXXXth to Ranged 99 [October 2012]

F2p forever ...

#36
Den
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As long as nothing is f'ed up, I have no problem with this.

#37
jettrider
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32 billion? Off by a factor of 1000. Nice reading skills. I would call it a typo but you put in in all caps.

The move shows a sort of detachment to RuneScape, which could be good or bad depending on what they do.

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#38
pal2002
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I should have used a different title (too late to change it now). "Investing" is the way jagex's PR spin put the whole thing. Basically in financial terms, the Gowers had sold more of their share in the company (which was about 50% before and <50% now) to other people. Hence the new people who get to sit on the board of directors. I know very well that Jagex is not the homegrown company of the past, but it's not a global corporation either and when small companies get bought out, it changes its soul. And in the histories of many gaming studios being bought up, they literally just dissolves or get absorbed by whoever bought them.
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#39
Sylpheed
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Many people don't seem to understand what an investor actually is. These companies aren't going to get a say in what goes into the game, and frankly, I doubt they even give a [cabbage]. As long as they get what they put into it plus interest back, the game could go to hell for all they care.

#40
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As long as nothing is f'ed up, I have no problem with this.


The question I pose to you is how in the world will things not get f'ed up by this? You know Jagex, always able to wrest failure out of the jaws of sucess.




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