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CCP brings in $66M in revenues. Contemplates IPO
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W1rlW1nd
WirlWind
#21 - 2012-02-22 08:29:12 UTC
Gantz Tleilax wrote:
The Gonif wrote:


This might seem like an illustration that traditional CCP has already been experimenting with free-to-play in EVE, by allowing rich subscribers to essentially pay for others to play, in exchange for virtual currency — something that has been used by 40,000 people, the company says.


Can someone explain what this means? Rich subscribers paying others to play?



"Rich" player pays real money for own subscription, and plex. "Rich" player puts Plex on game market.
"Other" player buys Plex in game with fake money, and uses the Plex to extend subscription.

Thus, "Rich" player has paid real money for someone else to play, in exchange for fake money to throw around in-game.
Tiberius Amzadee
The Night Stalker Syndicate
#22 - 2012-02-22 08:37:32 UTC
"Rich" player pays real money for own subscription, and plex. "Rich" player puts Plex on game market.
"Other" player buys Plex in game with fake money, and uses the Plex to extend subscription.

Thus, "Rich" player has paid real money for someone else to play, in exchange for fake money to throw around in-game.


...and they say the rich are not generous. Yay PLEX buyers!
Sturmwolke
#23 - 2012-02-22 08:37:39 UTC  |  Edited by: Sturmwolke
An IPO for CCP?

It's like eating only doughnut and pizza for the rest of your life. It's delicious and you can't stop yourself from gorging down all those feel good foods. Before long, you become a sloth and saddled with various acute and chronic illnesses that you fix by popping expensive pills. You will either die young or be extremely debilitated with illness when old, that you might as well not live.

Best example, IKEA has been wildly successful without needing an IPO and has been able to maintain their roots.
Grow sustainably ... even if it takes 100 years.
Endeavour Starfleet
#24 - 2012-02-22 08:39:12 UTC
I really wish folks would stop calling PLEX free to play.

There is very few players with the means to reliably beat US Minimum wage in the time it takes to add one month of game time.

You are working for the gametime. It is virtual currency but it is still an exchange.
Ciar Meara
PIE Inc.
Khimi Harar
#25 - 2012-02-22 08:42:14 UTC
Chribba wrote:
I want to know more about the Asian expansion...

Also <3 CCP keep up the awesome work! So proud to have been with you since the early days \o/

/c


I think they mean the partnership with the korean based, Nexon for local support and play?

In other news, I'd buy a few shares of CCP, just to show there are no hard feelings and justify wearing a monocle.

- [img]http://go-dl1.eve-files.com/media/corp/janus/ceosig.jpg[/img] [yellow]English only please. Zymurgist[/yellow]
Written Word
Brutor Tribe
Minmatar Republic
#26 - 2012-02-22 09:06:26 UTC
You generally start an IPO to raise capital to start a massive project

That means the CCP IPO would be the best thing ever for the Twilight Online and the worst for EVE Online. If they actually got one, it would pretty much put CCP back in the mindest of the Incarna expansion, where EVE is the legacy product they are bored of and the Twilight game is the sparkly road to bags of money
Sasha Azala
Doomheim
#27 - 2012-02-22 09:41:31 UTC  |  Edited by: Sasha Azala
More coffee needed...
Florestan Bronstein
Ministry of War
Amarr Empire
#28 - 2012-02-22 09:53:46 UTC  |  Edited by: Florestan Bronstein
Written Word wrote:
You generally start an IPO to raise capital to start a massive project

or if your current investors want to cash out :psiduck:

The layoffs would have been a terrible waste of money and experience if CCP would resume serious work on WoD less than a year afterwards.

CCP did already raise quite a chunk of capital (increasing the total number of shares by about 11 percent) from a VC (Teno Investments S.Á.R.L. which is a subsidiary of General Catalyst Partners) in 2009 - probably for DUST and WoD pre-development.

Quote:
There's about 50k accounts online at it's peak during the week and not all active accounts would be online even then.

they're talking about people running their accounts on PLEX not about total subscribers..
Ptraci
3 R Corporation
#29 - 2012-02-22 10:52:39 UTC  |  Edited by: Ptraci
Donald MacRury wrote:
Wouldn t it be interesting if they had the IPO and the shares were bought up by the players


Yeah, I wonder what the goons would do with their majority position.

Still, I hope not. IPO means that EVE would stop existing to make a fun game and start existing to boost quarterly revenue, improve share performance, and fun? What do you mean fun? That's irrelevant.
Valentyn3
Deep Core Mining Inc.
#30 - 2012-02-22 11:01:33 UTC
Ptraci wrote:
Donald MacRury wrote:
Wouldn t it be interesting if they had the IPO and the shares were bought up by the players


Yeah, I wonder what the goons would do with their majority position.

Still, I hope not. IPO means that EVE would stop existing to make a fun game and start existing to boost quarterly revenue, improve share performance, and fun? What do you mean fun? That's irrelevant.


It would be no different than any other game company that is run by bean counters. Games that people enjoy make the most money. Eve wouldn't stop being "fun" altogether, it would just get tweaked to a malformed visage that was designed to appeal to the lowest common denominator.

So in other words, we would get glowing shoulder pads and mounts for our ships.

I don't always use hax. But when I do, it's because I'm an NPC.. http://i.imgur.com/PUZou.jpg
Tippia
Sunshine and Lollipops
#31 - 2012-02-22 11:08:33 UTC
Ugh… a horde of VCs and investors demanding they open the game up for “the larger audience” so they can earn more money. No thanks. Ugh
Ceptia Cyna
The Scope
Gallente Federation
#32 - 2012-02-22 11:19:37 UTC
Tippia wrote:
Ugh… a horde of VCs and investors demanding they open the game up for “the larger audience” so they can earn more money. No thanks. Ugh


Why? What is your Problem here?
DeBingJos
Sebiestor Tribe
Minmatar Republic
#33 - 2012-02-22 11:24:23 UTC
Ceptia Cyna wrote:
Tippia wrote:
Ugh… a horde of VCs and investors demanding they open the game up for “the larger audience” so they can earn more money. No thanks. Ugh


Why? What is your Problem here?



You don't play a lot of games, do you?

Ungi maðurinn þekkir reglurnar, en gamli maðurinn þekkir undantekningarnar. The young man knows the rules, but the old man knows the exceptions.

Tippia
Sunshine and Lollipops
#34 - 2012-02-22 11:26:42 UTC
Ceptia Cyna wrote:
Why? What is your Problem here?
I quote: “investors demanding they open the game up for ‘the larger audience’”.
Alain Kinsella
#35 - 2012-02-22 11:30:48 UTC
Tippia wrote:
Ceptia Cyna wrote:
Why? What is your Problem here?
I quote: “investors demanding they open the game up for ‘the larger audience’”.


Yep, that.

I continue to be optimistic, but the moment I see aspects of Travian's Gold system appear, I'll start to look elsewhere.

"The Meta Game does not stop at the game. Ever."

Currently Retired / Semi-Casual (pending changes to RL concerns).
Ceptia Cyna
The Scope
Gallente Federation
#36 - 2012-02-22 11:51:25 UTC  |  Edited by: Ceptia Cyna
Tippia wrote:
Ceptia Cyna wrote:
Why? What is your Problem here?
I quote: “investors demanding they open the game up for ‘the larger audience’”.


Ok, so what? No problem.

Valentyn3 wrote:
[...]So in other words, we would get glowing shoulder pads and mounts for our ships.


More like an "Engine Trail Cosmetic Slot" and a "Ship Hull Paint Slot".
Professor Alphane
Les Corsaires Diable
#37 - 2012-02-22 12:54:14 UTC
Failed Economics 101 so don't fully understand what an IPO is, can anyone enlighten me.

Also I seem to remeber soemone saying by Icelandic law CCP records must be made public, do I misremember this , if not has anyone ever looked into it further.

[center]YOU MUST THINK FIRST....[/center] [center]"I sit with the broken angels clutching at straws and nursing our scars.." - Marillion [/center] [center]The wise man watches the rise and fall of fools from afar[/center]
Professor Alphane
Les Corsaires Diable
#38 - 2012-02-22 12:57:45 UTC
Endeavour Starfleet wrote:

It's been shown in the past that some VERY rich people play EVE. And were shoveling money into GTC sales that shifted balance of power so much that for a time it looked like one alliance might have been able to "win" EVE.
.


I'm kinda new, must have missed that one, could you elaborate for me?

Feel free to PM if you think openly disscusing a sensetive subject may be unwise

[center]YOU MUST THINK FIRST....[/center] [center]"I sit with the broken angels clutching at straws and nursing our scars.." - Marillion [/center] [center]The wise man watches the rise and fall of fools from afar[/center]
Razin
The Scope
#39 - 2012-02-22 13:04:58 UTC
Jhagiti Tyran wrote:
Thorn Galen wrote:
CCP going IPO. Interesting but I hope not - not yet anyways. Shareholders have a way of changing the way a company works and maintains/sells its products and services. NEX would be upon us despite any protestations and golden ammo and "I Win" buttons would be for those able and willing to pay real $$$. Yes at that point in time, Eve would "die"

CCP + IPO = dangerous liaisons.


CCP already have enough shareholders that can throw their weight around if they chose to.

And this possible IPO may be just that.
Adunh Slavy
#40 - 2012-02-22 13:14:31 UTC
Professor Alphane wrote:
Failed Economics 101 so don't fully understand what an IPO is, can anyone enlighten me.


It's not Econ, it's finance. Finance 101 would have covered it.

It's a sale of stock and the first sale, "initial public offering", IPO. CCP sells the shares directly or to an "underwriter". The money they raise from the stock sale is then used to run the business.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt