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FlamingLiberal
Jan 18, 2009

Would you like to play a game?



Solice Kirsk posted:

I'm gonna assume opening it up to private equity funding is what started loving it up. Things can get lovely real quick for businesses when they have to start addressing shareholder expectations/answering to a board.
Yes that is when the problems started

The company was fine before PE idiots took over

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Boywhiz88
Sep 11, 2005

floating 26" off da ground. BURR!

FlamingLiberal posted:

Yes that is when the problems started

The company was fine before PE idiots took over

That second sentence could be a thread title.

Basticle
Sep 12, 2011


FilthyImp posted:

They mucked with payouts and percentages a while back and it takes just the slightest nudge for people to flee to a competitor platform.

Iirc those OnlyFans sites sprang up when Patreon had an issue with 18+ content creators, for example.

Patreon dgaf about 18+ content (most of their most profitable accounts are 18+) the problem is PayPal and credit card processors have a huge problem with certain semi-legal themes (anything even remotely related to the glut of fake incest porn for example) and force patreon to take action against those creators.

Pope Corky the IX
Dec 18, 2006

What are you looking at?

Basticle posted:

Patreon dgaf about 18+ content (most of their most profitable accounts are 18+) the problem is PayPal and credit card processors have a huge problem with certain semi-legal themes (anything even remotely related to the glut of fake incest porn for example) and force patreon to take action against those creators.

Same thing happened with FetLife a year or two ago. The credit card companies basically gave them a list of demands and that's when the groups containing snuff, animal cruelty, etc started disappearing.

Iron Crowned
May 6, 2003

by Hand Knit
:420:

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer
Patreon moved all their payment processing overseas to avoid a lot of that, but at the same time cleaned up their content to keep the problem from happening again.

'Cleaned up' is a relative term, but it gives people their family/wolfpack friendly furry art and keeps Lowtax up-to-date on his spine loan.

Biplane
Jul 18, 2005

Pope Corky the IX posted:

Same thing happened with FetLife a year or two ago. The credit card companies basically gave them a list of demands and that's when the groups containing snuff, animal cruelty, etc started disappearing.

That seems good actually.

Pope Corky the IX
Dec 18, 2006

What are you looking at?
Oh, absolutely. Just pointing out that it's the same situation.

It was fascinating watching people twist themselves into knots trying to explain why it was wrong and how they were going to sue over no longer having access to pictures and videos of a barefoot woman stomping a kitten to death.

The Moon Monster
Dec 30, 2005

Patreon is weirdly lovely to use, as a patron (and I've heard bad things from creators). As far as I can tell there's no option to search through a creator's posts, or have them all listed by title or some other easy to search method. So you just have to hope the creator tagged them all really well (or, like, at all) because otherwise the only option is to scroll through all of them chronologically.

vyst
Aug 25, 2009



Is there going to be a point where there's like an investigation of private equity companies tanking literally everything for profit? Or is it just forever "Capitalism, bitch"

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer
The short answer is no. They bought the company. It's their's to save or strip to the bone.

Then again not every private equity company is bad. Dell went public to private and back to public. Burger King and Staples did the same. Other companies get bought out by PE and never go public again like Heinz or Hilton.

TOOT BOOT
May 25, 2010

They can definitely do some lovely stuff. A local chain got bought out by private equity, stripmined over the course of 5-10 years, then eventually had to file bankruptcy and the pension fund got left holding the bag. The equity firm made money on the deal, overall.

Acute Grill
Dec 9, 2011

Chomp

vyst posted:

Is there going to be a point where there's like an investigation of private equity companies tanking literally everything for profit? Or is it just forever "Capitalism, bitch"

Whenever they stop being the US government (never)

Detective No. 27
Jun 7, 2006

Krispy Wafer posted:

The short answer is no. They bought the company. It's their's to save or strip to the bone.

Then again not every private equity company is bad. Dell went public to private and back to public. Burger King and Staples did the same. Other companies get bought out by PE and never go public again like Heinz or Hilton.

Pretty sure everyone agrees that the quality of food goes to poo poo as soon as BK's private equity firm buys them.

Haifisch
Nov 13, 2010

Objection! I object! That was... objectionable!



Taco Defender

The Moon Monster posted:

Patreon is weirdly lovely to use, as a patron (and I've heard bad things from creators). As far as I can tell there's no option to search through a creator's posts, or have them all listed by title or some other easy to search method. So you just have to hope the creator tagged them all really well (or, like, at all) because otherwise the only option is to scroll through all of them chronologically.
That's just modern social media, though. Nobody running twitter/tumblr/reddit/etc can fathom that anyone might want to look at an old post instead of the newest stuff.

Zero One
Dec 30, 2004

HAIL TO THE VICTORS!
https://twitter.com/Polygon/status/1230122399158472706?s=20

Weatherman
Jul 30, 2003

WARBLEKLONK

Slightly off the point but I laughed when I saw the phrase "gaming culture" being used unironically in that article. Gaming culture? Is that where you freely shout slurs, neglect your personal hygiene, eat lovely "food", and see women as poor versions of sex dolls?

canyoneer
Sep 13, 2005


I only have canyoneyes for you
I've been inside a gamestop 2 or 3 times in the last 5 years. Each time, I was the only person there except for one lonely soul who works there.

Rotten Red Rod
Mar 5, 2002

Weatherman posted:

Slightly off the point but I laughed when I saw the phrase "gaming culture" being used unironically in that article. Gaming culture? Is that where you freely shout slurs, neglect your personal hygiene, eat lovely "food", and see women as poor versions of sex dolls?

No, it means they now sell games AND Funko Pops.

Rick
Feb 23, 2004
When I was 17, my father was so stupid, I didn't want to be seen with him in public. When I was 24, I was amazed at how much the old man had learned in just 7 years.
I go in for Pokemon codes and it's usually pretty crowded, but I'm going after work so maybe that is prime time or something.

Turbinosamente
May 29, 2013

Lights on, Lights off
Last time I was in there there was a bunch of teenagers wandering around bored, they asked a few questions, then left with out buying anything. I did re up my subscription to Game Informer, and am curious to see if I wasted 20 bucks.

AngryRobotsInc
Aug 2, 2011

Our local Gamestop pretty much always has people in it. I suspect that's because there's only two in the area, and many people do not have good access to the internet making moving solely to digital unfeasible for many here. I won't be surprised if Gamestop goes under, but I will be a bit sad, because I still get the vast majority of my games as physical copies, and I also like going in and browsing the used games.

90s Solo Cup
Feb 22, 2011

To understand the cup
He must become the cup



AngryRobotsInc posted:

Our local Gamestop pretty much always has people in it. I suspect that's because there's only two in the area, and many people do not have good access to the internet making moving solely to digital unfeasible for many here. I won't be surprised if Gamestop goes under, but I will be a bit sad, because I still get the vast majority of my games as physical copies, and I also like going in and browsing the used games.

Haven't been in a Gamestop in eons. Whatever they offer I can usually find at Walmart, Target or on Amazon if I feel like waiting on shipping.

Ghost Leviathan
Mar 2, 2017

Exploration is ill-advised.
Most big stores down under have phased out their video game departments, including Target and Kmart. Mind you, Kmart in particular seems to have remodelled all its stores to be impossible to find anything at all. Big W is still pretty comprehensive though, and has some decent deals. (Hell, I bought my Switch from there)

Much like video rental stores, physical video game stores will probably cling on in areas where people still buy them.

BetterToRuleInHell
Jul 2, 2007

Touch my mask top
Get the chop chop
I wonder how many of those GameStop closures are also a result of them being clustered together so closely.

There were three locations near me, all within a 5-10 minute drive, with two being down the street from one another. It was bewildering.

Icon Of Sin
Dec 26, 2008



Wasn’t that a relic of them buying out Funcoland?

AngryRobotsInc
Aug 2, 2011

Balliver Shagnasty posted:

Haven't been in a Gamestop in eons. Whatever they offer I can usually find at Walmart, Target or on Amazon if I feel like waiting on shipping.

I haven't been in our local Target much, but our Gamestop has a much wider selection than Walmart, at least.

I'll give Amazon, but I like to just browse sometimes.

Detective No. 27
Jun 7, 2006

Icon Of Sin posted:

Wasn’t that a relic of them buying out Funcoland?

You would think, but they'd open new stores if they could secure good rent deals. In my area, there was one inside a mall, one across the street from the mall, and one a mile away from the mall. The one a mile away from the mall closed when rent went up. A year later, they opened a new location across the street from there. Only one of those stores is open now.

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer
We had no Funcolands. We did have EB stores, but not a lot (and only in malls). We still have Gamestops every 5 miles.

They probably have algorithms that say exactly how far an annoyed parent will drive their 12 year old to get a game on a weeknight and space stores out that way.

AngryRobotsInc
Aug 2, 2011

Detective No. 27 posted:

You would think, but they'd open new stores if they could secure good rent deals. In my area, there was one inside a mall, one across the street from the mall, and one a mile away from the mall. The one a mile away from the mall closed when rent went up. A year later, they opened a new location across the street from there. Only one of those stores is open now.

In my experience, they seem to do much better in areas like where I live. Somewhat lower population, less locations overall. We only have two in the city itself, and most people who are buying video games locally in the surrounding counties shop there if they're not buying online. The next closest are in the two cities each about an hour away to the north and southish, or a town about the same distance to the east.

When they're jammed in like they were where I lived before (there was a similar 'one in the mall, one across the street from the mall' situation), each store sees much less traffic. Where here, they seem to do at least decent business.

Croatoan
Jun 24, 2005

I am inevitable.
ROBBLE GROBBLE
I assume that when Gamestop finally dies then some mom and pop stores will come back and fill in the void for those areas with poo poo broadband. It's the retail circle of life I guess.

GolfHole
Feb 26, 2004

My company got bought by PE and you will see us in this thread soon enough.

Remember, kids. VC > PE.

AngryRobotsInc
Aug 2, 2011

Croatoan posted:

I assume that when Gamestop finally dies then some mom and pop stores will come back and fill in the void for those areas with poo poo broadband. It's the retail circle of life I guess.

Likely, in areas that can support them.

It's a different beast entirely, but it's interesting to see the lingering effects of Walmarts opening in rural areas, and driving out the local businesses. And then closing. (I'm not comparing this situation to Gamestop, it just reminded me). Those areas get hit even worse if their Walmart closes, since it often is one of the biggest employers in the area before that. The small local business often don't come back after that, because the population's income just can't support them anymore.

Detective No. 27
Jun 7, 2006

Mom and pop gamestores that attempt to sell new stock generally fail pretty hard because those profit margins are razor thin and they want stores to buy in much larger numbers than a mom and pop can handle. Retro game stores are doing pretty well for now though.

Iron Crowned
May 6, 2003

by Hand Knit

GolfHole posted:

My company got bought by PE and you will see us in this thread soon enough.

Remember, kids. VC > PE.

Work for a subsidy of a subsidy of Berkshire Hathaway. I'm sure my parent company will be fine, mine, not so much, but :iiam:

I can safely say that the CEO of my parent company is a moron who insists that everyone globally must hear him talk quarterly

DariusLikewise
Oct 4, 2008

You wore that on Halloween?
Yeah the margins on new games and consoles is non-existent, when I worked at Canadian EB Games like ten years ago there was always a massive push for used because that's where they made money.

RagnarokZ
May 14, 2004

Emperor of the Internet
I will always enjoy that one time all my friends pre-ordered Original World of Warcraft at EB Games, I didn't, went in and asked if they had a copy, they didn't.


Walked across the street to a local Danish Electronics store, they had around ten copies left, turns out that pre-orders doesn't work in countries were the local shops don't give a poo poo.


It did mean getting the Horde box, which I obviously threw out years ago.


The Gamestop stores in Denmark now, are just full of used console games and random gaming related crap.

Rick
Feb 23, 2004
When I was 17, my father was so stupid, I didn't want to be seen with him in public. When I was 24, I was amazed at how much the old man had learned in just 7 years.

Croatoan posted:

I assume that when Gamestop finally dies then some mom and pop stores will come back and fill in the void for those areas with poo poo broadband. It's the retail circle of life I guess.

Before this recent set of closures, the last gamestops that closed locally were replaced by either mom and pop game stores or like gaming cafes and neither made it two years.

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer
Game stores are like restaurants. There's always some fool who is positive he or she can make it work. We will always have game stores.

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Turbinosamente
May 29, 2013

Lights on, Lights off

Detective No. 27 posted:

Mom and pop gamestores that attempt to sell new stock generally fail pretty hard because those profit margins are razor thin and they want stores to buy in much larger numbers than a mom and pop can handle. Retro game stores are doing pretty well for now though.

You must have some extremely well managed Retro stores in your area because they've been dropping like flies in mine. So far its been the poorly run messy "here's your paycheck but you can't cash it until Saturday" types that have folded. One briefly tried to reinvent as a pawn shop before disappearing. The ones that are hanging on don't really seem to have their stock cycle over very well as if people aren't trading into them as much anymore.

And another thing with mom and pops game shops are frequently dicked over on distribution for new stock. Many won't be able to get it or will get it later than the big box stores so they miss out on the launch day sales.

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