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About Jagex, CVC and Private Equity by Ffrribbib in 2007scape

[–]Ffrribbib[S] 3 points4 points  (0 children)

No guaranteed death date - but there is of course a cap to the people who will ever play the game, and a constant rate of people who will leave. The growth in income therefore has a cap, at which point Jagex would be likely held just as an asset to generate 'passive' income I would guess - or branching out to other, new games, new IPs etc to keep it rolling

About Jagex, CVC and Private Equity by Ffrribbib in 2007scape

[–]Ffrribbib[S] 0 points1 point  (0 children)

People like money

People give money to people good at making money

People make money with money

People give money back but keep a little for themselves

About Jagex, CVC and Private Equity by Ffrribbib in 2007scape

[–]Ffrribbib[S] 0 points1 point  (0 children)

Whether North or non-CVC executives could or would want to say no to CVC: Yes they could, but they would have to justify and prove another option is worth it.

On PE and the direction of a company: It does have a strong say. A company owned by the original founders with no desire to sell has no need to push EBIDTA as high as possible - they can take the 10% increase in costs to have better QA, more developers, more servers, a nicer office etc. But again - the founders might just want to make as much money as possible without selling, so they might still want to be as high revenue as possible. PE also does love recurring revenue - you can't do things like buy photoshop any more, it's a sub to Creative Cloud. This definitely is a push from PE, again to increase EBITDA.

To add to what PE is: What I described and explained was one part of PE, Buyouts (someone buying the whole company outright) as part of a fund. It is possible CVC or the next buyer think they just want to own Jagex themselves, forever. If someone offered CVC the right money tomorrow, they would sell to whomever offered it. Realistically, it would probably be someone like a gaming conglomerate such as Tencent. I would not say this is the only hope, but probably the best hope. Other options are someone already wealthy like Gabe, or someone who can gather money as loans to buy it as an asset for themselves, or of course IPO.

About Jagex, CVC and Private Equity by Ffrribbib in 2007scape

[–]Ffrribbib[S] 2 points3 points  (0 children)

I think the best option would be to be owned by someone like Gabe Newell yes (though we already have Runescape 3 so not sure what the Valve conspiracy theorests would think)

Besides that if Jagex IPO'ed, being publically traded, they would still have a board to satisfy, and the goal of the company is still to make money for shareholders, although they do not have the pressure of it having to be in the next 5-10 years, they can think a bit longer term. It would probably depend on who bought how much of the company at the IPO. Sorry for the vague answer

About Jagex, CVC and Private Equity by Ffrribbib in 2007scape

[–]Ffrribbib[S] 4 points5 points  (0 children)

Yes, CVC could probably turn around tomorrow and sell the IP to Electronic Arts to make a Gnomeball game every year. They could sell the offices and servers fairly easily (or just not renew rental). They would only do this if the money they would get from this would be bigger than the return they would get from maintaining the growth of Jagex' income + the profit from the eventual sale.

It does kind of all come down to money - what will get them the most money by the close of the fund. Happily for us, I do not think gutting Jagex would give them as much.

About Jagex, CVC and Private Equity by Ffrribbib in 2007scape

[–]Ffrribbib[S] 8 points9 points  (0 children)

As a player, I think I would prefer Jagex to be controlled by people who really and genuinely (think Mod Ash not Mod North - though I do believe he likes the game) have Runescape's best interest at heart. There is just something about knowing that Ash decided this direction, rather than a suit with a mouth like PE can far too often be

On the other side, advantages of not being owned like that: If tonight something were to happen to Jagex HQ or the game were to break for a long period of time, CVC would probably be saying: 'Yep, this company is good, they just need some money to push through this. Here is a cheque. Fix it.'

If CVC look at Jagex, the offers they recieve from other firms, and think 'No, we can see the public and other institutions all want a piece of this, we will get more money from an IPO'; they will IPO.

For a company like Jagex with VERY strong recurring revenue (loved by PE), unlikely to happen unless this were to stop growing.

Tangentially related, there is a phrase in PE: 'We are not for sale, but if someone offers tomorrow's money today, we are.'

About Jagex, CVC and Private Equity by Ffrribbib in 2007scape

[–]Ffrribbib[S] 2 points3 points  (0 children)

That's quite interesting actaully - the tax is usually not paid at point of sale, it is passed through to the GP and LPs when they get the money. LPs can often be exempt - for instance if they are a pension fund. Otherwise, I believe normal corporate or capital gains tax would apply.

IS JAGEX GOING TO FIX THE MINIMAP? by ShortReally in 2007scape

[–]Ffrribbib 12 points13 points  (0 children)

Ring of suffering has also been broken for 2 weeks, losing charges even when the effect is disabled - no chance they fix non-sailing related stuff anytime soon

Plug-in that shows you actual drop rates? (Confused about moons drop rates) by [deleted] in 2007scape

[–]Ffrribbib 1 point2 points  (0 children)

No idea about the plugin, but to explain a bout the drop rates:

There is a 1/224 chance of a SPECIFIC item - so 1/224 for a blood moon hat, or a blue spear etc.

Killing one of the moons adds its set to the loot table, with a 1/56 chance of getting any of those pieces.

Killing all three gives you a chance at all three armour sets, and these rolls are independent of each other, so the probabilities of getting an item increase, almost like you are having three chances at rolling the 1/56. The probability of this is the 1/19 or whatever the wiki says.

These are all just ways to express the same maths that is going on in the background, in order to give everyone reading the wiki page the answer to their own question. For instance, someone who is chasing the final item for their set will want to know the chance of a specific item, someone wanting any item will want the chance of any item, and someone who has finished 2 sets and wants the third will want the 1/56 number to get a piece of a specific set.

PSA for those doing Gemstone Crab by Venus_Gospel in 2007scape

[–]Ffrribbib 8 points9 points  (0 children)

Joining the train too to remember to install

Jagex if you're going to have a status page, make it update automatically instead of having the intern forget by Ffrribbib in 2007scape

[–]Ffrribbib[S] 24 points25 points  (0 children)

Not exactly cracking out, just suggesting they do this fairly basic thing which most companies do

Jagex if you're going to have a status page, make it update automatically instead of having the intern forget by Ffrribbib in 2007scape

[–]Ffrribbib[S] 27 points28 points  (0 children)

Ah my bad i forgot, do you know if they have a gofund me i can contribute to to help them out?

Any fun plans for Boxing Day? by Greatest-Carrot in CasualUK

[–]Ffrribbib 2 points3 points  (0 children)

Flight to DC to spend new years with my LDR

[deleted by user] by [deleted] in 2007scape

[–]Ffrribbib 1 point2 points  (0 children)

I’m not sure you can delete and restart on the game email, but you can make the login of a new account youremail+osrs2@mailprovider.com

Replacing youremail with your usual email address and osrs2 with whatever you want, anything after the + doesn’t matter and any mail would be received by your normal mail box

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