WE WON

[Nuclear Captain Winters]

https://www.invenglobal.com/articles/28475/paradox-interactive-names-mattias-lilja-as-ceo-with-fredrik-wester-moving-to-the-board

Paradox Interactive has named Deputy CEO Mattias Lilja as its next chief executive, with Fredrik Wester stepping down from the role to stay on the board. Lilja takes over on January 4th 2027.

[KroganCharr]

And this is a win how?

[ABoxFullOfKittens]

Curious I am. Explain further, you must.

[kgmi]

It will only be a win when they stop being a publically traded company. This is just a suit with a different name, otherwise.

[KroganCharr]

Originally posted by kgmi:

It will only be a win when they stop being a publically traded company. This is just a suit with a different name, otherwise.

Private equity has never made anthing better, except the pocketbooks of rich people. It's a system designed to inflate and then slaughter the businesses it purchases.

[kgmi]

Originally posted by KroganCharr:

Originally posted by kgmi:

It will only be a win when they stop being a publically traded company. This is just a suit with a different name, otherwise.

Private equity has never made anthing better, except the pocketbooks of rich people. It's a system designed to inflate and then slaughter the businesses it purchases.

No. Publically traded means, investment firms like Blackrock and Vanguard etc. can enforce their influence on game development. Deadlines that need to be met, predatory practices enforced, responsibility being given away to faceless investors and middle management.

Publicially Traded has made everything worse. It's is the reason they charge you 20 bucks for broken events. It makes the absolute worst people richer. Idk how you can come to this conclusion.

Name a single IP that gotten better after they went publically traded ?

[StrayCat]

What exactly did you win?

A new CEO?

Heh.

Some would say that the current lead game director stepping down would be a win for the game...a nice retirement on the beaches of Barcelona.

[eaerion]

Maybe Mattias Lilja is his uncle or something.

[Octopuses]

What does this have to do with Paradox Tinto?

[Mr Unsubscribe]

Originally posted by kgmi:

Originally posted by KroganCharr:

Private equity has never made anthing better, except the pocketbooks of rich people. It's a system designed to inflate and then slaughter the businesses it purchases.

No. Publically traded means, investment firms like Blackrock and Vanguard etc. can enforce their influence on game development. Deadlines that need to be met, predatory practices enforced, responsibility being given away to faceless investors and middle management.

Publicially Traded has made everything worse. It's is the reason they charge you 20 bucks for broken events. It makes the absolute worst people richer. Idk how you can come to this conclusion.

Name a single IP that gotten better after they went publically traded ?

I think he's referring to a specific investment practice. For this, an investment group would get a lot of borrowed money, buy out a company (usually targeting publicly traded companies), dump the loans on the company and then squeeze out as much as possible before selling it to someone else.

[IFIF]

Originally posted by KroganCharr:

Originally posted by kgmi:

It will only be a win when they stop being a publically traded company. This is just a suit with a different name, otherwise.

Private equity has never made anthing better, except the pocketbooks of rich people. It's a system designed to inflate and then slaughter the businesses it purchases.

Yes private quity has made lots of things better, imagine being the owner of such buisness you are 1 dude that makes all the decisions decides where he can cut costs for example he will give something for free instead of turning it into a profit, publicly traded companies always aim for profit and nothing else that is why they fail, and mind you steam is not publicly traded another good example