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Future company decisions

KaielogyKaielogy Member
in General Discussion
Just a little off topic here:

With Tencent swallowing up shares of almost every game in the gaming industry, I'm worried about a single company owning everything. One of my favourite games Warframe, is almost done getting acquired by them too. I hope AoC will be a sanctuary where it is untouched by any board and own by Steven alone in his lifetime.
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Comments

  • SongcallerSongcaller Member, Alpha One, Alpha Two, Early Alpha Two
    IS doesn't have shares to my knowledge. Tried to look into investment opportunities for IS a while ago. Found no shares to buy. If the trajectory remains the same then IS can't be bought out by anyone unless Steven wants to sell.
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  • BlackBronyBlackBrony Member, Alpha Two
    You only get shares if you go public, afaik. So, as long as you don't do that, there can't be a buyout.
    And I really hope it doesn't happen.
    Chinese culture is way too different
  • bloodprophetbloodprophet Member, Braver of Worlds, Kickstarter, Alpha One, Alpha Two, Early Alpha Two
    Steven put his own 30million to fund the company. I don't think he would sell it for anything.
    Most people never listen. They are just waiting on you to quit making noise so they can.
  • YuyukoyayYuyukoyay Member
    Well he's making the game to have a game out there that matches his dream game. So it's likely he won't sell anytime soon.
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    U.S. East
  • BondBond Member, Alpha One, Alpha Two, Early Alpha Two
    You can 100% buy shares before a company goes public, you just buy shares privately. This is how most companies fundraise prior to IPO.
  • BondBond Member, Alpha One, Alpha Two, Early Alpha Two
    edited August 2020
    Whether or not this happens will be very context-driven, so any decision would need to be made by Steven in light of the events happening at the time. Comes down to what his personal cost/benefit would be when any such opportune window opens. Very premature to speculate now tbh.
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