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Kevin Klemme
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Mycelia Board Game Review

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Bugs: Recent Topics Paging, Uploading Images & Preview (11 Dec 2020)

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Asmodee Sold

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06 Nov 2018 12:27 #285424 by ChristopherMD

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06 Nov 2018 12:30 #285425 by Gary Sax
Replied by Gary Sax on topic Asmodee Sold
Discussing only revenue growth and passing a company to a private equity firm with no mention of any profit anywhere is peak 2018 capitalism.
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06 Nov 2018 12:52 #285430 by SuperflyPete
Replied by SuperflyPete on topic Asmodee Sold
like a poker chips in Vegas

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06 Nov 2018 12:52 #285431 by Vysetron
Replied by Vysetron on topic Asmodee Sold
I remember hearing that this was in the works a while back. Nice of them to let us know that the borg grows ever larger.

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06 Nov 2018 13:10 #285435 by Sagrilarus
Replied by Sagrilarus on topic Asmodee Sold
Their sales growth has been through acquisition.

Their primary competitors are 23 year olds who get paid for sales before they even create their games. There’s some risk here,
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06 Nov 2018 14:20 #285446 by Cranberries
Replied by Cranberries on topic Asmodee Sold
We need to go back to $10 games sold in Tyvek envelopes.
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06 Nov 2018 14:39 #285448 by Shellhead
Replied by Shellhead on topic Asmodee Sold
From what I've heard from my inside source, the terminations will continue until morale improves.

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06 Nov 2018 16:57 #285458 by RobertB
Replied by RobertB on topic Asmodee Sold
The company I work for got bought out by a private equity firm a few years back. The new owners wanted 10% layoffs, but by the time the folks that didn't like that left, it was down by around 15-20%, and morale was in the shitter. Capitalism sucks, I guess.

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06 Nov 2018 17:32 #285459 by Gary Sax
Replied by Gary Sax on topic Asmodee Sold
The private equity buy/strip/sell situation in this country is extremely fucked up.

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06 Nov 2018 18:07 - 06 Nov 2018 18:12 #285462 by Not Sure
Replied by Not Sure on topic Asmodee Sold

Gary Sax wrote: The private equity buy/strip/sell situation in this country is extremely fucked up.


None of the major entities in this story are even American. All global money vacuums.

(not that it's any better, just saying it's not uniquely American)
Last edit: 06 Nov 2018 18:12 by Not Sure.
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06 Nov 2018 18:56 #285465 by Michael Barnes
Replied by Michael Barnes on topic Asmodee Sold
OMG I just checked my game collection.

It was not affected.
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06 Nov 2018 19:18 #285468 by Gary Sax
Replied by Gary Sax on topic Asmodee Sold

Not Sure wrote:

Gary Sax wrote: The private equity buy/strip/sell situation in this country is extremely fucked up.


None of the major entities in this story are even American. All global money vacuums.

(not that it's any better, just saying it's not uniquely American)


Good point!

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07 Nov 2018 16:15 #285524 by Space Ghost
Replied by Space Ghost on topic Asmodee Sold

Michael Barnes wrote: OMG I just checked my game collection.

It was not affected.


I don't know, I went into the storage area last night and Acquire was strutting around while scheming with Megacorps to decide which of the other games were going to be assimilated. Your normalization of private equity corporate raiding clearly has long-reaching ramifications!
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