this post was submitted on 07 Jan 2025
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[–] ILikeBoobies@lemmy.ca 0 points 1 day ago (1 children)

RIOT is an American company that was bought by Tencent.

Sure but it ignores that Tencent gave $20 million to create LoL (first 10 then another 10 to buy out the other investors)

[–] Bronzebeard@lemm.ee 2 points 1 day ago (1 children)

Investing 2 years after the game was first playable by the public counts as "giving money to create it", now? That's at least 6 years after they'd have started development.

You've ignored reality.

[–] ILikeBoobies@lemmy.ca 0 points 9 hours ago* (last edited 8 hours ago) (1 children)

They invested before it was released, what are you talking about?

Tencent paid for it to be made

Edit: upon research you are talking about when Tencent became the owner. Not their investments to have the game made.

Not mentioned in a Washington Post article but

“ Over the summer of 2008, Merrill and Beck’s work seeking funds proved fruitful and the two landed $7 million more in funding from Benchmark and FirstMark Capital venture capital firms.”

/+ 10 mill from Tencent and prior to launch Tencent gave another 10 mill to buy out those investors

[–] Bronzebeard@lemm.ee 1 points 8 hours ago (1 children)

You're probably thinking the "full release" but the game was being played by the public for several years, and was quite popular for over year prior to the "official release". So, no. They didn't. Their investment came a full year after I'd already been playing the game.

The game was made already. They bought an existing product.

[–] ILikeBoobies@lemmy.ca 1 points 8 hours ago* (last edited 8 hours ago)

I can’t find anything suggesting the game was released prior to 2008

Riot released some video at sometime talking about how they had to cram to make the game even playable prior to the sales pitch so I really doubt it was made before that