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Larian's Next Game?
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<blockquote data-quote="Ruin Explorer" data-source="post: 9303393" data-attributes="member: 18"><p>It is remarkably cheap, yeah, to the point where I wonder if it's entirely true given the sheer number of employees Larian has (400) and that they're based in Europe, and don't seem to have offshored stuff or extensively used contractors. Especially as non-contractor employees cost a company significantly more than they're actually paid. They're based out of Ireland which makes things a little cheaper generally but only so much.</p><p></p><p>I would guess the true figure is likely closer to $150m or even $200m, given six years of work, unless they had much more like 200 employees for most of that time. It would also help explain why they sold 30% of the private shares in the company to Tencent in 2019/2020. It's unknown how much Tencent paid for these (again, this was a private transaction, Larian is not publicly traded), but I imagine it was significant. Fortunately, so far Tencent, despite buying into a lot of Western game companies quite significantly, has remained essentially "dormant" so far (also, with Larian, Swen owns 62% of the shares, and Valerie Coessens, who is seemingly in charge of the practical management - as a business - of Larian owns the other 8% so there's not a lot Tencent could do apart from sell their shares).</p></blockquote><p></p>
[QUOTE="Ruin Explorer, post: 9303393, member: 18"] It is remarkably cheap, yeah, to the point where I wonder if it's entirely true given the sheer number of employees Larian has (400) and that they're based in Europe, and don't seem to have offshored stuff or extensively used contractors. Especially as non-contractor employees cost a company significantly more than they're actually paid. They're based out of Ireland which makes things a little cheaper generally but only so much. I would guess the true figure is likely closer to $150m or even $200m, given six years of work, unless they had much more like 200 employees for most of that time. It would also help explain why they sold 30% of the private shares in the company to Tencent in 2019/2020. It's unknown how much Tencent paid for these (again, this was a private transaction, Larian is not publicly traded), but I imagine it was significant. Fortunately, so far Tencent, despite buying into a lot of Western game companies quite significantly, has remained essentially "dormant" so far (also, with Larian, Swen owns 62% of the shares, and Valerie Coessens, who is seemingly in charge of the practical management - as a business - of Larian owns the other 8% so there's not a lot Tencent could do apart from sell their shares). [/QUOTE]
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