Why isn't TaleWorlds on the stock market?

[Korektor]

I was ready to dish out some savings on Paradox, till I realized they weren't going to publish Bannerlord. You know it's a guaranteed return investment, even if the game sucks (which it
won't).

[enigmafirst]

Lol I was in thinking the same thing. I too would like to invest in this company

[Percavil]

They don't want investors because they rather take their sweet ass time on the game.
Investors means they would be pressed for a release date.

[Semideusfixe]

Because they are being funded by their own government. When you are being paid by the hour, you will drag it out as long as you can.

[Darth Revan]

Originally posted by Semideusfixe:

Because they are being funded by their own government. When you are being paid by the hour, you will drag it out as long as you can.

Originally posted by Callum:

We fund the development of the game ourselves using the money we have made from our other titles, and to be honest, you would have to be pretty silly to believe that any sort of government grant would be enough to cover all expenses.

[Semideusfixe]

Originally posted by Legatus Lucanus:

Originally posted by Semideusfixe:

Because they are being funded by their own government. When you are being paid by the hour, you will drag it out as long as you can.

Originally posted by Callum:

We fund the development of the game ourselves using the money we have made from our other titles, and to be honest, you would have to be pretty silly to believe that any sort of government grant would be enough to cover all expenses.

Yes, I read that too when it was posted.

But when you provide absolutely no evidence whatsoever, it's like throwing sand into people's eyes. That and the blogposting treating your fanbase like 15 year olds.

I've seen governments fund the most ridiculous of things, and Turkey, oh boy.

Being government funded not only explains why Taleworlds ins't in the stock market, it also explains the ludicrous amount of development time.

It's way past the vaporware phase.

So unless you actually have concrete proof that Taleworlds is not on government paycheck, I'd restrain myself of copy pasting affirmations with no backing.

[Darth Revan]

Originally posted by Semideusfixe:

Originally posted by Legatus Lucanus:

Yes, I read that too when it was posted.

But when you provide absolutely no evidence whatsoever, it's like throwing sand into people's eyes. That and the blogposting treating your fanbase like 15 year olds.

I've seen governments fund the most ridiculous of things, and Turkey, oh boy.

Being government funded not only explains why Taleworlds ins't in the stock market, it also explains the ludicrous amount of development time.

It's way past the vaporware phase.

So unless you actually have concrete proof that Taleworlds is not on government paycheck, I'd restrain myself of copy pasting affirmations with no backing.

lol, where is the proof for your claim?

also they sold millions of copies of warband and development costs in turkey are rather cheap.

[± The Last Templar ±]

Where are the stats for the millions of copies sold?
Found a link https://www.pcgamer.com/mount-blade-series-has-sold-6-million-copies/

Thats across the whole series, also the funny thing is its from 2015 and they expect big news from Gamescom back then on Bannerlord 2 lol

Do you live in Turkey or work in the industry to know the costs?

[Darth Revan]

Originally posted by The Last Templar:

Where are the stats for the millions of copies sold?
Found a link https://www.pcgamer.com/mount-blade-series-has-sold-6-million-copies/

Also the funny thing is its from 2015 and they expect big news from Gamescom back then on Bannerlord 2 lol

Do you live in Turkey or work in the industry to know the costs?

https://steamcommunity.com/app/261550/discussions/0/3223871682611177145/

Originally posted by Callum:

You are all aware that we sold millions of copies of Warband right? And that development costs are cheaper in Turkey than places like EU and USA.

i wanted to link the same article you linked for the sale numbers as well. :)

[± The Last Templar ±]

Originally posted by Legatus Lucanus:

Originally posted by The Last Templar:

Where are the stats for the millions of copies sold?
Found a link https://www.pcgamer.com/mount-blade-series-has-sold-6-million-copies/

Also the funny thing is its from 2015 and they expect big news from Gamescom back then on Bannerlord 2 lol

Do you live in Turkey or work in the industry to know the costs?

https://steamcommunity.com/app/261550/discussions/0/3223871682611177145/

Originally posted by Callum:

You are all aware that we sold millions of copies of Warband right? And that development costs are cheaper in Turkey than places like EU and USA.

i wanted to link the same article you linked for the sale numbers as well. :)

Hehe All good, as I said before, not here to slate I just like facts, not blind defences from over zealous fan boys.

[Semideusfixe]

So a company that appeared with a store page years ago, stating that the release was in 2 weeks. Changed the status TBA. Note that the development started years ago even before that.

Managed to retain all the profit from the sales of previous title, which allowed them to extend the development of the sequel indefinitely.

And this somehow, is economically feasible.

The previous titles, that made said profit from sales alone, with no in-game store, no susbcriptions, without any type of crowdfunding.

I mean, companies don't run on good will alone. And 7 years and counting between releases is just not possible, unless it has some kind of investment that would keep said company from the stock market.

Companies like Talewords whose objective is to make profit, somehow affords to be off the stock market and without a solid release time between titles.

It's just not possible. As much as I like Mount & Blade, the developers should just come clean, instead of dragging these sorry excuses about not having a release date and condescending blogposting.

[Percavil]

lol they have enough funds to go on for another decade if they want. just do abit of math.
https://steamcommunity.com/app/261550/discussions/0/1770385542768197668/

[Semideusfixe]

But we live in the real world, math can make all the sense if we disregard foreign/third party interests, profitability, marketing, market risk, personal gains.

To believe that Taleworlds can afford running a business like this is naive at best.

[Innominatam]

Originally posted by Percavil:

lol they have enough funds to go on for another decade if they want. just do abit of math.
https://steamcommunity.com/app/261550/discussions/0/1770385542768197668/

First off that Math is wrong and doesn't include many factors associated with running a busniess. The fact you cannot buy any shares alone says the Company is being given money by the Turks.

All gaming Companies in turkey are. if they weren't and they ran their company like this it would have crashed and blazed into the ground YEARS ago.

No company in their right DAM MIND is going to waste all their funds one a single game because if that game fails they go out of busniess. Not to mention any unforeseen costs that may come up from anything. No one can see the future and all companies keep a sizeable reserve fund encase something comes up that could cost them everything.

You'd have to be insane to think they would do that and any sane human being would run a company like that.

They don't have enough funds to run for a decade not anywhere close, Turkey is subsidizing the company.

This allows them to take their sweet time and get paid by the hour doing it. I get fanboys will defend their game until the end, has it is the engine is so clunky and terrible by 2019 standards, the game isn't going to do well. The only ones who will buy it will be their fanatical fanbase and that's a very very very small crowd.

It's not going to net them a large profit and at this point I doubt they will even break even if hey sell the game alone and I am sure Talewords knows this. So they have every incentive to milk Turkery while they can.

Why bother caring about releasing the game and getting ♥♥♥♥ profit at this point verse making all your money off a Government.

I mean hey no offense if I was them I'd probs do that to, better to get money you know you can verse, a fairly at this point low benefit from releasing the game until you REALLY have to.

[Darth Revan]

Originally posted by E.:

Originally posted by Percavil:

lol they have enough funds to go on for another decade if they want. just do abit of math.
https://steamcommunity.com/app/261550/discussions/0/1770385542768197668/

First off that Math is wrong and doesn't include many factors associated with running a busniess. The fact you cannot buy any shares alone says the Company is being given money by the Turks.

All gaming Companies in turkey are. if they weren't and they ran their company like this it would have crashed and blazed into the ground YEARS ago.

No company in their right DAM MIND is going to waste all their funds one a single game because if that game fails they go out of busniess. Not to mention any unforeseen costs that may come up from anything. No one can see the future and all companies keep a sizeable reserve fund encase something comes up that could cost them everything.

You'd have to be insane to think they would do that and any sane human being would run a company like that.

They don't have enough funds to run for a decade not anywhere close, Turkey is subsidizing the company.

This allows them to take their sweet time and get paid by the hour doing it. I get fanboys will defend their game until the end, has it is the engine is so clunky and terrible by 2019 standards, the game isn't going to do well. The only ones who will buy it will be their fanatical fanbase and that's a very very very small crowd.

It's not going to net them a large profit and at this point I doubt they will even break even if hey sell the game alone and I am sure Talewords knows this. So they have every incentive to milk Turkery while they can.

Why bother caring about releasing the game and getting ♥♥♥♥ profit at this point verse making all your money off a Government.

I mean hey no offense if I was them I'd probs do that to, better to get money you know you can verse, a fairly at this point low benefit from releasing the game until you REALLY have to.

Originally posted by Callum:

We fund the development of the game ourselves using the money we have made from our other titles, and to be honest, you would have to be pretty silly to believe that any sort of government grant would be enough to cover all expenses.

callum is right here, i never heared about any government grant which would be nearly enough to cover all costs a company has.

and taleworlds is not a company run by a businessman, it is run by a man who studied computer engeneering and who foundet a company with the money he got from people who supported his hobby project mount & blade.

EDIT: also you are very wrong with this:

No company in their right DAM MIND is going to waste all their funds one a single game because if that game fails they go out of busniess. Not to mention any unforeseen costs that may come up from anything. No one can see the future and all companies keep a sizeable reserve fund encase something comes up that could cost them everything.

a prime example of a company who does this for YEARS now and does well with it is piranha bytes, they only do 1 project at the same time, they dont have any side projects.

[Percavil]

So it would appear that callum has lied to us?
They are receiving founds from the government.
Taleworlds is part of TOGED, a Turkish association that helps game developers get funds and resources from the government.
https://m.dw.com/en/political-checkmate-for-turkeys-game-developers/a-19486670
Even though its not covering all their expenses. they re still receiving something, did they deny that?

But then if thats true, whats stopping them from starting a sequel for Bannerlord and keep getting funding?
If they release Bannerlord they get sales revenue AND they still get the funding given to game developers because they are still a game developer. So why not just release Bannerlord and make money, since they can just start the next game and still be funded by government?