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Lingvort

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If I'm reading the event correctly, no, it won't. You can only get the level 1 shipyards that way, so if you upgrade on your own before the event hits, it might be a waste of tech points & money.
 

sumo0

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I did it before. And it felt like a complete waste.

I spent tech points, time and money to get the ships. And almost immediately after i had enough ships to actually ship enough troops around the event hit.
I don't think it's worth it.
 
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Kumicho

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I always do it first, and can usually get 10-15 years of a monopoly on raiding before the event kicks in. Just go Scholarship focus and you'll get both the tech points *and* the 300 prestige at the end of 5 years. I usually do it in the midst of expanding as rapidly as possible, and afterwards the only time you have to wait is for your ships to be built. Since they changed shipbuilding to be done with prestige instead of cash, it's ridiculously easy.
 

Strangedane

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Getting shipbuilding 1 before hitting the event will raise capital tech level to 2 when the event fires, so there's some extra boats to be had by picking it up.
It'll also save you around a hundred military tech points, as well as start the spread of shipbuilding 2.

The building won't upgrade though, so i wouldn't actually build it, I'd just wait for the event.