Tencent Buys 5% of Paradox Interactive - Ask Me Anything

  • Crusader Kings III Available Now!

    The realm rejoices as Paradox Interactive announces the launch of Crusader Kings III, the latest entry in the publisher’s grand strategy role-playing game franchise. Advisors may now jockey for positions of influence and adversaries should save their schemes for another day, because on this day Crusader Kings III can be purchased on Steam, the Paradox Store, and other major online retailers.


    Real Strategy Requires Cunning

Fredrik II

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With the current share price of 44 SEK, your assets in Paradox shares alone are now worth around 1.55 billion SEK, or 168 million euro.

So how does it feel becoming a multi-multi-multi millionaire over night?

It's business as ususal; we need to focus on delivering great games :)
 
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Metz

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Why don't you sell 2% of stocks openly and shareholders get a special forum icon and beta access to new games?
 

Darkath

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In this article : http://www.polygon.com/2016/5/27/11797712/chinas-tencent-just-bought-a-piece-of-paradox

Polygon say you only retain 33.33% of the company while you say you only sold 15.5% ?

So is the breakdown something like :

33.33% = Fred Wester
30% = Spiltan investment bank
21.17% = Other paradox people
10.5% = Other IPO people
5 % = Tencent

?

I assume the 21% remainder is other paradox employees, but are there other people involved ?
 

Fredrik II

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In this article : http://www.polygon.com/2016/5/27/11797712/chinas-tencent-just-bought-a-piece-of-paradox

Polygon say you only retain 33.33% of the company while you say you only sold 15.5% ?

So is the breakdown something like :

33.33% = Fred Wester
30% = Spiltan investment bank
21.17% = Other paradox people
10.5% = Other IPO people
5 % = Tencent

?

I assume the 21% remainder is other paradox employees, but are there other people involved ?
Correct, just over 10% is with Rite Investment
 

Metz

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Not a bad idea, not sure how it would work though

Through an online brokerage firm. Someone purchases a stock and you emails a print-screen confirmation of the stocks purchased to a specific PI email and includes their forum name. Then an admin manually sends you CD-key for a forum icon that allows a special avatar and forum access.

10 shares at 33 SEK each = $40.00 (Forum icon and avatar)
20 shares at 33 SEK each = $80.00 (Forum icon, avatar, and beta access)
30 shares at 33 SEK each = $120.00 (Forum icon, avatar, beta access, development forum access for input and direct communication with developers to improve game/new game)


In 3 months there will probably be enough share sales profit to start development on a new game up until it reaches late beta stage.
 

westerberg

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PDX stock is going in a great, this is also the time to congratulate not only Fredrik but also @Johan @Susana @Shams and so on, they will properly never have to work for money anymore!