Posted - 2007.10.21 05:52:00 - [2]

 

Edited by: Taikun on 21/10/2007 05:53:52
Actually, the point that's rattling about my head is, shares on IPOs do not seem to reflect the total company valuation. If they did they would be the sum of two parts.

A) The break up value of assets
B) Estimated net return of using assets in perpetuity. (or life of the endevour if known)

So, if we can assume a player will drive a IPO business model for a reasonable amount of time, (12-18 months) IPO share price should reflect this for all shares in total.

I don't see many IPO calculations showing these details. Most IPOs seem to pull numbers out of the air based upon prior IPOs and business ventures. (IMO)

Would this game benefit from a more robust set of revenue generation calculations and by default, a clearer estimation of IPO share values?

Or am I expecting too much?

Taikun

Posted - 2007.10.21 07:49:00 - [4]

 

Well firstly most corps are made for sole purpose of simplifying dividend payouts and tracking. Secondly all the IPO's i have seen that have a corp share structure, the only way to initiate a vote is via the CEO.

You are forgetting that the IPO's in the game are not the same as in the real world, people invest in an idea which is kept secret in most cases (the specifics), the person who starts the business looks for people to help them create the business and they run it completely. If someone manages to get 50% of the shares in an EVE corp it doesn't mean they gain the CEO's trust nor have anymore clout than someone with 1% of the corp, unless there is a shareholder vote. Most of the time you are investing in a person not an actual business, the reason you invested in them is because they are doing something you had not thought of or do not wish to do and you feel that they can pull it off. CEO's don't have to do what their shareholders want as long as they meet their IPO's plans. Look at the 7 pages of ISSO, some shareholders want stins to do more or explain thing but he doesnt have to if he doesnt want to, not saying this is good but its reality.

Posted - 2007.10.21 15:57:00 - [6]

 

Only Directors and CEO's can start a vote.

You need the following to happen.

An alt or yourself in the Corporation.
Make sure your alt has any role (Because any director or the CEO can kick you out instantly, even if the vote is currently passing)
Bride a Director to start a vote to make you CEO, make sure the vote is for JUST 1 day otherwise you'd be kicked out .
Hold out for the timer to expire.

Small problem though the corp has 24 hours to move all their assets to personal hangers.

If you're looking for a Corp that has had a mutual hostile take over look at my corp history. Keepers of the Holy Bagels had a semi-hostile take over. Lord 2evil offered to buy corp shares from the CEO also saying he would buy all the directors shares as well. He got himself into a director position in which he got some shares for that (Basically brought himself directorship). He then spoke to the CEO in which he said he would buy the entire corp. The CEO sold his shares in which he then had 55% of the corps shares. He then created and past a vote to create 5000% more shares totally diluting the Directors shares.

Needless the say the corp tried to run on for a month or two but ultimately failed in the end. There is a post on COAD about it just look for "Keepers of the Holy Bagel"