Quote from: Seanchai;270773I concur. Folks want to buy a business as cheaply as possible? The horror! The horror!

It is indeed reprehensible.

Businesses should pay a lot of money for failing rpg-related companies. On the other hand, rpg-related companies should offer their products extremely cheap, or even free.

And no, those two things could not possibly contradict each-other.

Quote from: AdamJury;271077Just to be clear: Anthony is in the process of leaving GAMA [they interviewed a bunch of prospects for the Executive Director position last month, and I expect the hire will be announced soon], and aside from him working at Bucephalus now, there's no word if Bucephalus or any of their investors are involved in the acquisition.

GAMA has outright said that they have no part of this offer.

Yes, upon further reading, including some information at the GAMA site, I realized this.  His interview over at IPv2 seemed to indicate he was doing this with some tacit approval or guidance from GAMA, but that is not the case, as mentioned above.

Gallela??

Oh my goodness.

 That explains a lot.
 A lot that I really can't say publicly or would prefer not to.

Anyone curious, just PM me about it.

- Ed C.

Quote from: StormBringer;271018Bon...  Centration...

Enjoy your collection point?

You'd think with over 4,500 posts here, as well as putting up my own little corner, I'd know just what is a collection point.

Alas, I am ashamed...

Quote from: Koltar;271109Gallela??

Oh my goodness.

 That explains a lot.
 A lot that I really can't say publicly or would prefer not to.

Anyone curious, just PM me about it.

- Ed C.

You're such a tease

Quote from: Elliot Wilen;271033Identity of acquisition group revealed.

The big thing that pops out at me in the article is that Gallela is simply the figurehead at the top of the group, and that the investors are outside the industry.  Those investors may or may not be gamers, but they all expect profit.  Sticking someone like Gallela at the top is one thing, but if he doesn't deliver on whatever he's promised to the investors, he could easily be replaced by a suit who couldn't give a crap about gamers.

--Mike L.

Quote from: boulet;271160You're such a tease

Thats because I 'work' in the business in two ways. Got to try to keep it nice and friendly.

Truthfully, I kind of hope the courts lets the Adkinson group re-organize things so they can come out of bankruptcy next year - there are a lot of good, nice people on the GenCon staff.


- Ed C.

Quote from: flyerfan1991;271168The big thing that pops out at me in the article is that Gallela is simply the figurehead at the top of the group, and that the investors are outside the industry.  Those investors may or may not be gamers, but they all expect profit.  Sticking someone like Gallela at the top is one thing, but if he doesn't deliver on whatever he's promised to the investors, he could easily be replaced by a suit who couldn't give a crap about gamers.

Here's the most likely scenario IMO -

The entire point of the GenCon Acquisition Group is to purchase it on the cheap then flip it later for a big profit.  I'm nearly positive the investors have no intention of holding on to GenCon.  They'll probably spend a year or two getting things running smooth again for the purpose of bringing the value up while looking for buyers.  They are probably looking at seeing what happened with WW and Mongoose, and hoping some computer game company will buy it for a good chunk of change.

Quote from: James J Skach;271158You'd think with over 4,500 posts here, as well as putting up my own little corner, I'd know just what is a collection point.

Alas, I am ashamed...

Well, it is more pseudo-Latin than French, I suppose.  I think centration is the act of centralizing.  It will probably be all the rage in corpspeak in a year or so.

Quote from: jgants;271211Here's the most likely scenario IMO -

The entire point of the GenCon Acquisition Group is to purchase it on the cheap then flip it later for a big profit.  I'm nearly positive the investors have no intention of holding on to GenCon.  They'll probably spend a year or two getting things running smooth again for the purpose of bringing the value up while looking for buyers.  They are probably looking at seeing what happened with WW and Mongoose, and hoping some computer game company will buy it for a good chunk of change.

More likely a group that operates some of the big electronic gaming trade shows.

--Mike L.