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Webbed Sphere, Inc. acquires long time game publisher Flying Buffalo, Inc.
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<blockquote data-quote="Eltab" data-source="post: 8373810" data-attributes="member: 6803337"><p>Founders can bring in new talent, hire / contract an accountant and lawyer to get into professional shape, bring in a CEO with small-business experience. All that is growing pains.</p><p></p><p>When investment firms buy out companies that provide goods & services to the real world, the firms' knowledge of how to manipulate paper value is good but their knowledge of what the company does / the industry it is in is often poor. (This instance may be an exception; it sounds like FB has been bought by people who know how to run a company in the RPG space.) However even the mightiest of companies cannot withstand an investment firm or activist investor who wishes to transfer the company's productive assets to their own control.</p><p></p><p>What's the worst that could possibly happen? See the fate of Sears Roebuck & Co. - once the biggest retail company in America - over the last decade, while controlled by Sears Holdings.</p></blockquote><p></p>
[QUOTE="Eltab, post: 8373810, member: 6803337"] Founders can bring in new talent, hire / contract an accountant and lawyer to get into professional shape, bring in a CEO with small-business experience. All that is growing pains. When investment firms buy out companies that provide goods & services to the real world, the firms' knowledge of how to manipulate paper value is good but their knowledge of what the company does / the industry it is in is often poor. (This instance may be an exception; it sounds like FB has been bought by people who know how to run a company in the RPG space.) However even the mightiest of companies cannot withstand an investment firm or activist investor who wishes to transfer the company's productive assets to their own control. What's the worst that could possibly happen? See the fate of Sears Roebuck & Co. - once the biggest retail company in America - over the last decade, while controlled by Sears Holdings. [/QUOTE]
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Webbed Sphere, Inc. acquires long time game publisher Flying Buffalo, Inc.
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