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A letter to the RS community

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Capn Clammy

Capn Clammy

Posts: 1,016 Mithril Posts by user Forum Profile RuneMetrics Profile
Jeha said :
Null Is Lul said :
Too bad Jagex made a lethal mistake with you as CEO - allowed the evil ******* ******* ******** to get a controlling interest in Jagex. This is the reason RS was destroyed by EoC and microtransactions, isn't that right?

EDIT: I consider the censoring of the name IVP as proof I'm right. They don't want to be discussed on the RS forums because they ruined the game.

Looking that up, it seems that IVP own 55% of Jagex since early 2012. When did the legal Jagex RWT, EoC, and the first really bad graphical updates happen?
2012
! Looks like you're right...


so "legal jagex rwt" is your first thing listed as a grievance. i assume botting/goldfarming was your thing back in the day an what you truely miss about runescape.

"bad graphical updates"..........really dumbass?

eoc was debatable but now we got legacy an everything is awesome!

soooo what is the real reason you play a game you dont seem to like much?
Please take a few moments to observe the reality around you.

13-Sep-2014 13:32:14

Jared Kelso
Oct Member 2022

Jared Kelso

Posts: 830 Gold Posts by user Forum Profile RuneMetrics Profile
Capn Clammy said :
Jeha said :
Null Is Lul said :
Too bad Jagex made a lethal mistake with you as CEO - allowed the evil ******* ******* ******** to get a controlling interest in Jagex. This is the reason RS was destroyed by EoC and microtransactions, isn't that right?

EDIT: I consider the censoring of the name IVP as proof I'm right. They don't want to be discussed on the RS forums because they ruined the game.

Looking that up, it seems that IVP own 55% of Jagex since early 2012. When did the legal Jagex RWT, EoC, and the first really bad graphical updates happen?
2012
! Looks like you're right...


so "legal jagex rwt" is your first thing listed as a grievance. i assume botting/goldfarming was your thing back in the day an what you truely miss about runescape.

"bad graphical updates"..........really dumbass?

eoc was debatable but now we got legacy an everything is awesome!

soooo what is the real reason you play a game you dont seem to like much?


IVP gained controlling interest in Jagex back in December 2010, 2012 was just a horrendously bad year for RuneScape.

13-Sep-2014 13:38:19

Platelegs 2
Nov Member 2022

Platelegs 2

Posts: 488 Silver Posts by user Forum Profile RuneMetrics Profile
Jared Kelso said :
Capn Clammy said :
Jeha said :
Null Is Lul said :
Too bad Jagex made a lethal mistake with you as CEO - allowed the evil ******* ******* ******** to get a controlling interest in Jagex. This is the reason RS was destroyed by EoC and microtransactions, isn't that right?

EDIT: I consider the censoring of the name IVP as proof I'm right. They don't want to be discussed on the RS forums because they ruined the game.

Looking that up, it seems that IVP own 55% of Jagex since early 2012. When did the legal Jagex RWT, EoC, and the first really bad graphical updates happen?
2012
! Looks like you're right...


so "legal jagex rwt" is your first thing listed as a grievance. i assume botting/goldfarming was your thing back in the day an what you truely miss about runescape.

"bad graphical updates"..........really dumbass?

eoc was debatable but now we got legacy an everything is awesome!

soooo what is the real reason you play a game you dont seem to like much?


IVP gained controlling interest in Jagex back in December 2010, 2012 was just a horrendously bad year for RuneScape.


It was truly a horrible year, I don't think many people would disagree :/

13-Sep-2014 14:02:41

Clumsybumsy

Clumsybumsy

Posts: 477 Silver Posts by user Forum Profile RuneMetrics Profile
I bet you made the desicion to put raffle tickets in Alice's Box. I'll be happy when mod Pips takes over.

Good Riddance
Lord Clumsy Dawn
; Overseer of
Death by Dawn
and proud owner of
28,211,619m Construction experience

982k Constr xp gained so far this month.

13-Sep-2014 14:06:52

JoeFriday
Aug Member 2009

JoeFriday

Posts: 4,560 Adamant Posts by user Forum Profile RuneMetrics Profile
beer and fsu said :
Heard his exp. was in banking. He has Ceo experience but nothing gaming. It is like a monkey eating a cucumber


True , wise words bud, totally agree. He was probably the main man behind thinking of new scummy treasure hunter promos, like this recent one that basically lets you buy raffle tickets, how disgusting to ruin a fun event that was fair but not anymore you maid it loose its integrity, just like your own.

13-Sep-2014 15:38:35 - Last edited on 13-Sep-2014 15:39:20 by JoeFriday

Hvid Drage
Aug Member 2020

Hvid Drage

Posts: 1,662 Mithril Posts by user Forum Profile RuneMetrics Profile
It's a shame to see you go Mark. You did a lot of good for the game whether people want to admit it or not. Also always seemed to be really friendly. I just hope that whatever you are doing next, is just as or more successful as the current.

13-Sep-2014 16:30:36

Saiyan Me
Jan Member 2020

Saiyan Me

Posts: 1,368 Mithril Posts by user Forum Profile RuneMetrics Profile
Orcrist9 said :
@ Saiyan II
IVP only originally had a 35% share in the company from their original investment in Oct. 2005...MMG was the CEO before IVP had their controlling interest, and so his placement was not because of anything IVP directed...Another quick point: IVP is a venture capital firm, they may have the controlling interest, but they don't make the game decisions.
Gundolf the Grey

35% interest, per GAAP or IFRS, would be construed as sufficient to influence an entity in very significant.
With assets of 7.6 billion, IVP is more than capable of increasing stake, which it did; without a doubt, the existing Jagex owners and management knew this capacity very well.
IVP wouldn't need to force Gower out, the investment firm has ample resources to entice him into a voluntary departure, which Gower took, judging from a sudden 7m pound note, if I recall correctly, to the former owner(s). I no longer have documentary evidence of itself, but the, some might say crippling, non-current provision might be it.
https://***.deloitte.***/assets/Dcom-UnitedKingdom/Local%20Assets/Documents/About%20Deloitte/uk-deloitte-annual-results-2012.pdf
In the end, Jagex was for bids, and IVP pays most handsomely among the interested parties.
Regarding the way majority owners influence the company, while the IVP representatives probably wouldn't spend time picking out the pixels on the *40 assassin skin, they would voice, "we want dividends", "increase micro-transactions", "fix the consumer perception", and that's all the claim I'm making.

13-Sep-2014 16:55:10

Lifer
Jul Member 2008

Lifer

Posts: 12,424 Opal Posts by user Forum Profile RuneMetrics Profile
Nice post Saiyan II. For a few people here:

Wow. Are most of the posters here certified corporate consultants with a masters in business agreeing MMG is a bad guy?!

Are you honestly in a position to make such critique?

Some good things about MMG:

-Removed the bots, introduced botwatch.
-Bonds was actually a healthy update for economy, it is a huge gp sink. Only thing it destroys is legitimacy of obtaining cash.
-Increased Jagex's revenue from probably 32m pounds in 2009 to 52m+? in 2011. Didn't Jagex just say they made like $12m off of bonds alone? That means the revenue is even higher for this year.
-****important**** opened up the secret Jagex headquarters into a very open company. Now we know pretty much everything about Jagex than in 2008. Remember a video maker in 2008 or 2009 got invited to Jagex and that was a huge deal. Know why? It's like he won a golden ticket to ***** wonk* factory.
- Like it or not, Jagex is a company and needs to make money. MTs is a necessary way to compete with other mmo's. Hello? There's other mmo's that exist. Runescape needs money to compete, creating higher and higher quality updates is getting expensive to keep up with from what I read on a report not related to Jagex.

For all we know, we should be thanking MMG kept the game afloat and made so much money, Runescape could be sustained for few years without revenue (20m+ pounds saved as emergency money.) It will be ironic if keyboard warriors in this thread got their way on Runescape they tried so hard to protect, only to have the game shutdown anyway. Makes us question why we're spending our lives trying to protect this.

13-Sep-2014 17:01:04

Nolhiir
Mar Member 2019

Nolhiir

Posts: 1,732 Mithril Posts by user Forum Profile RuneMetrics Profile
Orcrist9 said :
*Snip

IVP doesn't make any game decisions, but it wouldn't suprise me if they though of SoF.

Honestly, I don't see why so many people hate bonds. I mean, sure, they're technically RWT, but it's better this way.
If a new player truely wants to pay for money, they're more likely to use the official method (which they likely know about) as opposed to the illegal method (which might be cheaper, but they might not know about).
If there weren't bonds, then those same people who truely want to buy money would probably look up some goldfarming website, and possibly get their account or even credit card info hijacked.

SoF/TH I can agree are pretty bad, but admit it: you wouldn't hate them half as much if there weren't as many promotions and the box didn't pop-up on your screen.

Not going to go into EoC here, except to say that it's never going to be removed.

And finally, Soloman's General Store. It's not at all bad for the game, with the exception of a few things. (Looking at you, wicke pouch). And, because of everyone's favorite update, you don't even have to pay for it anymore.
Newest Disciple of Xau-Tak

13-Sep-2014 17:11:52 - Last edited on 13-Sep-2014 17:21:59 by Nolhiir

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