Activision Didn't Think Blizzard Was Worth $7 Million in 1995
- Thread starter John Funk
- Start date
Trust me... No, you're just being a gamer, hating the man who wants to charge you more.whyarecarrots said:
It is, but you have to draw the line on how much money you are going to give to the hobby. Bobby breaks the limit.JimmyBassatti said:
True. I know people love to hate Kotick and Activision but I wouldn't have bought Blizzard back in 19995 either.malestrithe said:
Space CoD would be very interesting to play if they did it right..Paragon Fury said:
I blame Starcraft 2's long development time over the incite that the developers are playing too much WoW. Sure it's nice to ride the money train every once in a while, but you gotta remember to jump off before it derails and crashes into a wall.
and as a result pc gaming would have really ever taken off, and rts games would never have been a big hit (or as big as starcraft and warcraft are now).rougeknife said:
oh and there would be no mountain of gold tucked somewhere deep in the blizzard mountain chain fortress of pure diamond
Not at all. Just proves that Kotick is nothing more than a heel with no real insight into things apart from charge people for hype.whyarecarrots said:
You do have to assume that if Blizzard was swallowed by Activison that early that it wouldn't be as big a name as it is today. It wouldn't have the freedom it's success has given it now and instead of long development times but great games at the end, given Activision's reputation, they would be rushed and the games would not be as good.
What I find funny is that someone back then in 1995 had the vision to see the potential in Blizzard and buy it for $7 million while Bobby only saw it's assets and income and decried the purchase -- and Bobby is now head of the biggest video game publisher which was able to buy Blizzard later for 1000 times that amount. Good life lesson for you, kids.
What I find funny is that someone back then in 1995 had the vision to see the potential in Blizzard and buy it for $7 million while Bobby only saw it's assets and income and decried the purchase -- and Bobby is now head of the biggest video game publisher which was able to buy Blizzard later for 1000 times that amount. Good life lesson for you, kids.
I suppose hindsight is 20x20. But from a business perspective, Kotick was probably right. Paying $7 Million, over 10% of Activision's then profits, for a company with very little going for it other than a strategy game ripped off from Games Workshop; would you want to make that sell to the shareholders?
On the other hand, paying $7 Billion for the company which owns World of Warcraft, arguably the most successful video game of all time, and guarenteed revenue streams from subscribers, not to mention big ticket releases like Starcraft II and Diablo III, and the new battle.net, is a far safer investment.
On the other hand, paying $7 Billion for the company which owns World of Warcraft, arguably the most successful video game of all time, and guarenteed revenue streams from subscribers, not to mention big ticket releases like Starcraft II and Diablo III, and the new battle.net, is a far safer investment.