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NeuralNet
Dec Member 2023

NeuralNet

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Interesting post about the psychological and real life damage Treasure Hunter appears to cause to some people

https://www.reddit.com/r/runescape/comments/5d2sle/warning_from_a_whale/ :D
NeuralNet
| RuneScape's biggest fan and supporter. | 16 years in a row! :D
"Make the most of yourself by fanning the tiny, inner sparks of possibility into flames of achievement." --Golda M

29-Oct-2017 16:38:40

Kale100

Kale100

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NeuralNet said :
Interesting post about the psychological and real life damage Treasure Hunter appears to cause to some people

https://www.reddit.com/r/runescape/comments/5d2sle/warning_from_a_whale/

That's a really touching story. In light of that I think Jagex should donate 100% of TH revenue to addiction research and recovery organizations.

29-Oct-2017 23:29:25 - Last edited on 29-Oct-2017 23:29:53 by Kale100

Ghosttalon
Oct Member 2020

Ghosttalon

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NeuralNet said :
Interesting post about the psychological and real life damage Treasure Hunter appears to cause to some people

https://www.reddit.com/r/runescape/comments/5d2sle/warning_from_a_whale/

And this is the real shame -- that the business model works by preying on these sorts of people who have limited self-control, or learn it the hard way.

In this respect, RS was very different than every other MMO that used cash stores and mtx before 2012.

Now, they're just another bloodsucker. The Gowers had more scruples than this, they saw this coming, and I'd like to think that's why they got out when they did. On the other hand, part of me also blames them for not having the guts to stand up to this inevitable momentum. It was their game, after all . . .

30-Oct-2017 01:43:49

Runelower

Runelower

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Oh, don't blame the Gowers, being great and all, they are a bunch of gullible nerds prayed on by the corporate harpies, they don't have any say in RS since they sold out in 2011. R.I.P. rs3 2019.

30-Oct-2017 11:49:18 - Last edited on 30-Oct-2017 11:56:46 by Runelower

Ghosttalon
Oct Member 2020

Ghosttalon

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I understand they sold out. Trust me, I know the history here. That's why I still (partially) blame them. And yet I don't, because I think even despite their input (which always seemed to me to be the ethical high ground when they did have a say), this was inevitable. And I'd like to think they got out because they saw that, and didn't want to be part of it. I don't know them, so I have no idea if that is true.

But that was what I was trying to say.

I really think you do them a disservice by characterizing them as "gullible nerds" however. Nerds? Probably, and proudly so? Gullible? Definitely not.

30-Oct-2017 16:53:54

Runelower

Runelower

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Calling someone a nerd isn't a disservice if spoken by a nerd, like myself. And gullible I meant in a business-savvy way, because jagex, as a business, is a great company. And mtx didn't really exist in 2011 as a concept in gaming, really. R.I.P. rs3 2019.

30-Oct-2017 20:24:57

NeuralNet
Dec Member 2023

NeuralNet

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I think people overestimate how much the Gowers actually cared about the future of RuneScape. I was acquainted with Andrew back in 2001 was clear back then. Andrew didn't actually care long term about this game. It was an interesting tech project but he didn't want to get stuck maintaining it his whole life. He wanted to do other things. So when the chance came up to cash out (and cash out he did, he is incredibly wealthy today), he took the opportunity. :D
NeuralNet
| RuneScape's biggest fan and supporter. | 16 years in a row! :D
"Make the most of yourself by fanning the tiny, inner sparks of possibility into flames of achievement." --Golda M

31-Oct-2017 00:12:55

Ghosttalon
Oct Member 2020

Ghosttalon

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Gullible, as an English word, has a meaning distinctly different from the way you're using it, Runelower. I wasn't clear, but I didn't take any negative connotation or offence to 'nerd' at all. ;) And mtx most certainly existed as a concept in gaming, including and especially MMOs, prior to 2011. And many gaming businesses were already profiting madly off mtx.



Thanks for the perspective Neural, and that I can understand. Interesting projects don't necessarily mean you will have the interest in the successful business side. I can't fault them cashing out on their brainchild, at all. I think there's a distinction to be made between "not caring about the future of RuneScape", and not having the business acumen or interest to continue to maintain it as it would need. I also stand by my assertion however that they at least seemed to tow the ethical high-road, when they were involved. But having some direct knowledge of the people involved, maybe you'd be better able to shed some light on that as well.

31-Oct-2017 13:56:00

NeuralNet
Dec Member 2023

NeuralNet

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Ghosttalon said :

Thanks for the perspective Neural, and that I can understand. Interesting projects don't necessarily mean you will have the interest in the successful business side. I can't fault them cashing out on their brainchild, at all. I think there's a distinction to be made between "not caring about the future of RuneScape", and not having the business acumen or interest to continue to maintain it as it would need. I also stand by my assertion however that they at least seemed to tow the ethical high-road, when they were involved. But having some direct knowledge of the people involved, maybe you'd be better able to shed some light on that as well.


Yeah of course MTX came out well after the Gowers left. I don't think it's anything about running the business or him being bad it. For all we know RS could even be more successful today if he still ran it. MTX has consequences, it's not necessarily a slam duck business decision.

He just didn't want to do the whole RS thing anymore. He wanted to cash out. It was entirely his doing. He didn't have to by any means. He had no BOD commanding him to do anything. Anyway, it's not unusual. Most tech startups are set up to liquidate. That's how founders get rich. Their net worth is all tied up in the equity of the company. They want to sell off that equity when it gets valuable enough and often start a new company and repeat the process, or just retire on a island.

Andrew made a lot of money selling Jagex. He made many multiples of what we call "fuck you" money (enough money that you can say "fuck you" to any opportunity and still live like a king for your whole life). Net worth $600 million. That's not from profit that's from selling his equity. And really that's mostly how rich people get rich. Only the poors care about dividends. Dividends are a statement that you don't know how to leverage your profits to grow your valuation. :D
NeuralNet
| RuneScape's biggest fan and supporter. | 16 years in a row! :D
"Make the most of yourself by fanning the tiny, inner sparks of possibility into flames of achievement." --Golda M

01-Nov-2017 00:24:30 - Last edited on 01-Nov-2017 00:34:22 by NeuralNet

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