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Thread: For a multi billion dollar company...

  1. #61
    Super Member BrianHotshot's Avatar
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    You have to think about how much staff SuperCell has, and how many requests and questions players are sending them every day. I did some research and SuperCell has 51-100 staff members. Now how many users? Millions. There just not enough crew and time to sit in front of the computer answering question upon question. Request upon request. Frankly, for SuperCell to use a robot to answer the mails is a smart choice, not the best, but you have to understand that SuperCell doesn't have a lot of staff.

    For a game that doesn't require you to spend a single cent, I'd say they're doing a great job.


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  2. #62
    Forum Superstar DarkHero's Avatar
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    They don't have that many support so you gotta wait.

  3. #63
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    Quote Originally Posted by GETNDATCUDIBOY View Post
    For the 37th time. I understand that someone paid 1.5 billion for the company. I get it. To SoftBank, they seem to think its worth billions. I hope it works out for them. Just know that what someone is willing to pay for something doesn't mean its worth that much in assets.

    The poop analogy was kind of silly. Cool. How about I use another example? I buy and sell things on eBay. Things such as video game lots. For example, I have 6 NES's, 11 controllers, a track pad, 5 laser guns and about 200 games all that work, some of which are pretty rare. I have received offers anywhere from $50-$1200. The buy it now price is $2500. So assuming that I took the $50 offer because it was the first one, does that make it worth $50? No. It only makes me an idiot. Assuming that someone buys my lot right off the bat for $2500, does that make it worth $2500? No. It makes them the idiot. At the end of the day, it's an investment. The investment is only worth what someone is willing to pay for it. SoftBank believes that by putting more than a billion dollars into supercell, they will turn a profit. I highly doubt that SoftBank was the one and only offer they got. Its safe to say that they were the highest bidders though. I just hope it works out for them because like I said a few posts ago, all it takes is one terrible update to send that investment to the toilet. Much like Solyndra, 3Dfx, RCA, Eastern Airlines, Compaq, TWA, MCI, Enron, etc. All those companies have something in common. They all had big investors dump ton of money into them because they overvalued them and overlooked all the numbers only to have them fail.

    Using your "mansions" comment, I can tell you that I am a homeowner. I doubt you are because if you knew how the housing market worked, you would not have used that comparison. At the time I purchased my home it was in a bidding war. The house was on the market for $110k. I was aware of the other buyers putting in bids anywhere from $100k-$120k. I put in my bid at $135k. Well above what anyone else offered. Did that make the house worth $135k? If I were to lose my house to the courts or a lien was placed on it, do you think they would appraise my house at $135k? The answer is no. I was dumb enough to bid that much, now I'm stuck with it. Hopefully it works out for me the way it hopefully works out for SoftBank because I love clash and would hate to see it go under.

    Want to to know when we will find out how much supercell is really worth? Having them file for bankruptcy where you would be able to see all the numbers and the courts would give a value based on all their assets.
    Everyone agrees with you here. No one is saying Supercells ASSETS are in the billions. What we are saying, and what you agreed with multiple times, is that someone (Softbank) thinks Supercell is worth multiple billions.
    Money exchanged hands. Product was purchased. The only metric we have, as to the acquisition cost to buy supercell completely, is this one purchase. Which IS at least 2.1 billion (unknown value of other 49%, but can extrapolate to just under 4.2 billion). THUS "multi-billion dollar company".

    As for your ebay analogy, until money exchanged hands (notice I capitalized PAID several times in my post), then the metric of "worth" hasn't been established yet. IF someone paid you $2500, all YOU can say, is that it wasn't worth it to YOU. Who are you to say that the it isn't worth it to the buyer?

    And as for the housing market... Hahaha... love you're assumption that I'm not a homeowner. If only you knew....

    The idea that something has different values to different people, seems to befuddle you.
    The fact that you offered 135k for you home, means it was worth that much to you. IF it didn't, why did you make an offer of that price?!

    What I was getting at with the mansion/exotic cars/luxury brand handbags, is that everyone's perceived value is meaningless, compared to the actual price the objects sell at.
    I don't think these things are "worth" the price. Other people do.
    If a Ferrari sells for $250k, do I go mumbling about it's worth, compute the cost of materials and labor, and say it's a "$50k car"? No.... you would describe it as a "$250k car", because that's what people pay for it. (people other than us that think it's not "worth" it)

  4. #64
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    Quote Originally Posted by meowr View Post
    Everyone agrees with you here. No one is saying Supercells ASSETS are in the billions. What we are saying, and what you agreed with multiple times, is that someone (Softbank) thinks Supercell is worth multiple billions.
    Money exchanged hands. Product was purchased. The only metric we have, as to the acquisition cost to buy supercell completely, is this one purchase. Which IS at least 2.1 billion (unknown value of other 49%, but can extrapolate to just under 4.2 billion). THUS "multi-billion dollar company".

    As for your ebay analogy, until money exchanged hands (notice I capitalized PAID several times in my post), then the metric of "worth" hasn't been established yet. IF someone paid you $2500, all YOU can say, is that it wasn't worth it to YOU. Who are you to say that the it isn't worth it to the buyer?

    And as for the housing market... Hahaha... love you're assumption that I'm not a homeowner. If only you knew....

    The idea that something has different values to different people, seems to befuddle you.
    The fact that you offered 135k for you home, means it was worth that much to you. IF it didn't, why did you make an offer of that price?!


    What I was getting at with the mansion/exotic cars/luxury brand handbags, is that everyone's perceived value is meaningless, compared to the actual price the objects sell at.
    I don't think these things are "worth" the price. Other people do.
    If a Ferrari sells for $250k, do I go mumbling about it's worth, compute the cost of materials and labor, and say it's a "$50k car"? No.... you would describe it as a "$250k car", because that's what people pay for it. (people other than us that think it's not "worth" it)
    The bolded paragraph sums up my entire argument. I know that things have different values to different people. I understand that. What you need to understand, is based on the numbers we know about supercell, they are the winners, SoftBank has everything to lose by making such an astronomical bid. Like I stated before, if an awful update were to come out, and they go bankrupt by next year, would you then say I am right? No. I'd imagine you would say "well at the time they paid that much it was worth that much". I deal with stocks. For someone to tell me that a company thats revenue is $2 million a day has a market value of more than $4 billion sounds absolutely insane to me. A company's market value is usually 2x what their annual revenue is. If supercell is making $876 million a year, then they are AT MOST worth about $1.7 billion TOTAL, not 51%. Once again, I am not saying that supercell isn't worth a ton of money, I am just saying that SoftBank has made a HUGE gamble. It's all the numbers my friend.

    To to get to your other point on why I would overpay on my house, I'm actually glad you brought that up. I bought my house in 2010 when they were giving the tax incentives for first time home buyers ($8000). I take it that the other people bidding weren't in such a rush like I was to get a house within that certain period of time and weren't first time home buyers, therefore, that house was listed at the right place at the right time for the seller. Same is the case for supercell. They sold their shares to the right buyer at the right time.
    Last edited by GETNDATCUDIBOY; November 17th, 2014 at 01:32 PM.

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