• #3297
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    By: notd665 This person is cool! x Show Full Post
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    So who here is going to buy a piece of the Shack?

    Gamefly going public; files $50m IPO

    http://www.joystiq.com/2010/02/10/gamefly-going-public-files-50-million-ipo/
    Feb 10, 2010 11:44am PST
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    So who here is going to buy a piece of the Shack? Gamefly going public; files $50m IPO http://www.j... : notd665This person is cool!

    Thread Truncated. Click to see all 180 replies.

    • I get to own part of the fucking shack. : mrvandelay
    • "YOU CAN'T BAN ME, I'M A SHAREHOLDER!" : jasonepowellThis person is cool!
    • I have shares!! Ban this man! : boring gegtik
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      GameFly is currently practicing a "quiet period" and representatives could not comment on this report. ... : IwannaacuraThis person is cool!
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        http://en.wikipedia.org/wiki/Quiet_period : RomSteady
        • Related to: http://en.wikipedia.org/wiki/Silent_generation : c0braThis person is cool!
      • It's a legal thing, IIRC. It pretty much means what it literally implies though. : geedeckThis person is cool!
      • a quiet period is the opposite of LOUD NOISES : DeathloveThis person is cool!
      • When it comes to the malware advertisements here, they have been in a quiet period for some time AM I RIT... : rosewoodThis person is cool!
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      how i buy website of cock? : MercFox1
      • Inquire about cost of glennbeck.com. : RomSteady
      • Nice, hahahaha. : LoioshDwaggieThis person is cool!
    • Can we get some sort of mutual fund going to be a massive shareholder? We'd be able to dump the advertisi... : ryuusekiThis person is cool!
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      Get ready for Evening Reading Brought To You By Deathlove, Who Is Fucking Awesome. : DeathloveThis person is cool!
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        TSDR. : DarkWolf5This person is cool!
        • YOU ARE FIRST AGAINST THE WALL WHEN MY ONESHARE ORDER CLEARS : DeathloveThis person is cool!
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      WERE GONNA BE RICH!!!! : multisyncThis person is cool!
      • It gets your Chicks Checks! : kanixThis person is cool!
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      do mercury subscribers get some shares? : SmittyThis person is cool!
      • Absolutely. Just send $1,000 by wire to my bank account as a security for your shares. : LoioshDwaggieThis person is cool!
    • are they going to give some of that back to the developers whose money they have stolen by causing people : mwasher
    • If they can fucking get rid of virus ad vendors I might consider it. : Scotty22This person is cool!
    • I own one share of Planet kajiggers so I'm entitled to some answers. Question 1: Why does no one vi... : alphabluThis person is cool!
    • It's rather funny reading their Risks part - One big earthquake and we're DOOOOOOMMMMMMEEEEED. It's like ... : JonathanThis person is cool!
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      Go Steve! :) The Company acquired ShackNews for an aggregate purchase price of $3.1 million, including t : multisyncThis person is cool!
      • Well played, old bean. : DeathloveThis person is cool!
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        I think Maarten got a cut? : ClayThis person is cool!
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          Actually, turns out he "got cut", as in my gold-digging niece got cut from the will. : silent prophet
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            really? how so? : conandan
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              nah, I'm just joking. They were going to give him the money, but he only took 200 space bucks for gas, lu... : silent prophet
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                It's tolls, but other than that, well done. : RomSteady
                • Oh. That explains why it never quite made sense to me. :) : silent prophet
                • HELLLOOO BAAAABYY! check please! : HalenThis person is cool!
      • jinx : mwasher
      • nice haul! : trOmblyj
      • niiice : mrvandelay
      • I didn't even get a Christmas card. Fuck you, Steve. : PhilThis person is cool!
      • Haha, so when are you guys getting paid? :) : LoioshDwaggieThis person is cool!
      • Now he can pay off his BMW : tomservoThis person is cool!
      • Damn. If I had won the lottery I would have so bought the Shack. : DarkWolf5This person is cool!
      • GAWD, $3.1 million!! : CrustaRThis person is cool!
      • You here that, we are worth 2.2 million dollars, I DEMAND MY SHARE : snowwolfThis person is cool!
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        That is actually a surprisingly low amount considering the amount of traffic this place probably generate... : YanksThis person is cool!
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          Dude got millions of dollars for a website where he talked about making donuts with a foot long penis. : rosewoodThis person is cool!
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            hard to believe that it all started with a simple page at http://www.canweb.net/~smiles/ (still in my bo... : HalenThis person is cool!
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              It says "loading.." umm.. how long should I wait for it? I have a feeling it won't load anything. : Maddog_Delphi97This person is cool!
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                You just asked the 3 million dollar question. :) : silent prophet
                • oh. :[ : Maddog_Delphi97This person is cool!
          • he wins, basically : FrayLoThis person is cool!
        • says an increase in revenue of $0.2 million primarily due to acquisition of shacknews.com : mwasher
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        so each post increases the shack's value by about 13 cents. pay dividends by postcount! : ]pm[chemThis person is cool!
        • Wow, so by that math Gamefly owes me $3,529.89... er $3,530.02 : trOmblyj
        • sounds good to me! : bakanoodle
      • HOLY SHIT : slickdoodyThis person is cool!
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        Wow, Gamefly got a fucking deal of a lifetime. : pancake humper
        • For serious. An established, well-known property for a total of 500k in cash and 2.1m in revenue sharing ... : YanksThis person is cool!
        • Really : timaste
      • bravo! : MatzL.E.
      • Fucking awesome! : orgcaptainnemoThis person is cool!
      • That raises more questions for me than answers. : ra1nThis person is cool!
      • goddamn son : JINKYThis person is cool!
      • awesome steve and maarten, pure awesome. : moshmanThis person is cool!
      • So, mystery solved. 3.1 mil to then go onto making Borderlands and etc. Who the fuck wouldn't take that? ... : locater16This person is cool!
      • they should go public just to pay off steve. wtf 2014. : DownforceThis person is cool!
      • wow...very impressive. : m0rfus
      • don't spend it all on one pair of jeans now. : .ka`boom.zZz.
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      woah. the gibson got $3 million. : mwasher
      • Not all of it at once I would reckon. : Sailor of Fortune
    • If I do, does that mean I can order Alice and Faylor around? : MorrisatCNN
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      I've worked on filing IPO's before at the printers and dear God is it a mess. But I got to eat all the fr... : Sailor of Fortune
      • I will glady be a "Limited Partner in a Fund"" : mwasher
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        the prospectus says deloitte. I would love to know who the public auditor would be. : BorzoiThis person is cool!
        • Well, PwC audits something like 75% of all VC's in the US and growing. It's always them and all the VC's ... : Sailor of Fortune
    • Can we have something next to our names that say how many shares we own? : mrvandelay
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      the hammer is gonna come down hard on latestchatty when gamefly goes public :( : slickdoodyThis person is cool!
      • why? : kainen1
      • yeah ok : trOmblyj
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        What evidence do you have? Because all my evidence says otherwise : geedeckThis person is cool!
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          Well, it certainly opens up possibility of more, not less, control by the board. If they were to see thi... : ra1nThis person is cool!
          • We need to get the Board to post in latestchatty.x : MercFox1
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          I'm just guessing of course. But public companies don't like their properties full of the kinds of things... : slickdoodyThis person is cool!
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            Everything that Gamefly has said to us both publicly and privately contradicts that perspective. While th... : geedeckThis person is cool!
            • everything they've said publicly and privately kind of goes out the window when they become public : HalenThis person is cool!
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              Don't the comments represent thousands upon thousands of ad views a day? I mean if I refresh the shack 20... : abrasionThis person is cool!
              • Most ad services pay for clicks (or actions) and not impressions. : silent prophet
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                They're *terrible* ad views though. After seeing the ad 5321 times, you're highly unlikely to click throu... : geedeckThis person is cool!
                • That sucks, doesn't brand recognition still work though - if I see the ad 10,000 times? That's pretty... : abrasionThis person is cool!
                • I don't think I have clicked on a banner ad since 1996. Is that the only way they generate money? : SockMonkehThis person is cool!
      • GAMEFLY IS BUYING THE SHACK THE SHACK WILL NEVER BE THE SAME OH GOD WHERE WILL WE GO WHEN LATEST CHATTY G... : mwasher
      • shutdown like gizmodo! : multisyncThis person is cool!
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        Yours will be one of the first voices silenced. : AjaxThis person is cool!
        • I just upgraded Gamefly to buy on that insider information : rosewoodThis person is cool!
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        Not if they keep showing infected Ads thats for sure. : YerMothah
        • Maybe an anti-virus or a mal-ware company will invest in the Shack and keep that tradition going as it se... : nudelThis person is cool!
      • Just like shackspace was going to get shut down when Gamefly bought the shack. : rosewoodThis person is cool!
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      Why do they need the money? : ra1nThis person is cool!
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        We intend to use the net proceeds to us from this offering primarily for general corporate purposes, : multisyncThis person is cool!
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          I'm suprised they haven't McGriddled it yet... : kagathThis person is cool!
          • Was x-men'd for a bit. : dmasonThis person is cool!
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          tl;dr booze money : dmasonThis person is cool!
          • lol yup : MerconiumThis person is cool!
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          Maybe they should use that money to hire more people or get better distribution centers that can actually... : pancake humper
          • they listed Capital expenditures specifically so I'd assume they'd use the money for more distribution ce... : snowwolfThis person is cool!
        • I smell executive cash out. I wonder how many top staff members will take their shares and run? : silent prophet
        • spendin' money on whatever : spiderfill
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          so in a nutshell - "just give us money, we don't have any plans for it right now, but we want some money" : retardhumperThis person is cool!
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            i'm hoping some of it is towards writing classes for Garnett : multisyncThis person is cool!
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              You just can't raise that kind of capital in today's IPO market : rosewoodThis person is cool!
              • Lay off Garnet. He can't help it. : tometome
        • hookers and blow : Mad Brahmin DiseaseThis person is cool!
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        It takes money to make money : Sailor of Fortune
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          Sure, but the question is whether it's worth giving up control. : ra1nThis person is cool!
          • At this point if they're primarily funded by VC's they won't have any control. VC's will have already sti... : Sailor of Fortune
      • To get the files on fileshack up to date. Oh yeah I went there. : RyDogg1This person is cool!
      • They ran out of money to pay Steve... : lpearlThis person is cool!
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      So how can I buy some of this when this happens? I have never bought stock before. : dognoseThis person is cool!
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        1. open an etrade account 2. put real money in 3. buy stock 4. Profit! 5. ??? start your own vegan re... : quazarThis person is cool!
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          It's that easy? How much money do I have to put in? : dognoseThis person is cool!
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            I'm no expert either but afaik you'd need to buy at least one share, so the minimum price would depend on... : ramshot
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              Usually at an IPO if you buy it immediately it will continue to jump up a few bucks. : one random winner
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                So when will this go down? : famine101
                • The next day :p, few IPO's that I've actually tracked are price stable from at launch. : one random winner
          • It really is, back in the day I bought 5 shares of 3DO and every year I would get this cool packet in the... : quazarThis person is cool!
      • I would not. : givemesnacks
      • If I buy Gamefly stock I want actual stock certificates. : rosewoodThis person is cool!
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        if every semi-regular LC poster just ponied up about 5-10k (rough estimate), we could control a majority ... : ]pm[chemThis person is cool!
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          And finally move the Read the Rules button : indosaurosThis person is cool!
          • ... or just get the latest Chrome Extension. : ThomWThis person is cool!
        • I vote for Phil to be on the board. : mrvandelay
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          When is their IPO scheduled? : LoioshDwaggieThis person is cool!
          • They are in a quiet period which means that have already submitted their S-1 to the SEC. They have to wai... : Sailor of Fortune
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          Yes, I'm quite sure that in this IPO they will reveal more than 50% of the stock this is quite possibl... : DeathloveThis person is cool!
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            yes, I am quite sure my post was a serious proposal this is quite possible : ]pm[chemThis person is cool!
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              hey, i don't know how retarded you are : DeathloveThis person is cool!
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                fucking retarded. like, sarah pailin levels. : proclone1This person is cool!
                • at least : ]pm[chemThis person is cool!
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          BRING YOUR FUCKING CHECKBOOK : jingletard
          • nah - just pics+divx are required. : dedgecko
        • I got 5 on it. : TreMetalThis person is cool!
        • Bro, I piss on 10K : kainen1
        • haha, and all the owners could appoint themselves mods, remove the PRL and make themselves exempt from th... : slickdoodyThis person is cool!
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          The Shack voting bloc at shareholder meetings would be ridiculous. I imagine there will be a lot of motio... : Cheeziologist
          • the two factions "jesslicaslumber party" and " lemon party" would control the votes. : CoRDSThis person is cool!
          • TITS or GTFO Board. : massdev
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            haha how are you contractually prevented from participating in an IPO? : proclone1This person is cool!
            • He showed JessicaSlumberParty.avi to his broker. : PhilThis person is cool!
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              it's exactly what it sounds like. Part the employment contract to which I've agreed stipulates that I can... : Cheeziologist
              • as an insider, as a consumer, as a proxy; all three? Do you work for the SEC? : massdev
            • He has a contract that prevents him from participating in an IPO : rosewoodThis person is cool!
            • He probably works for a financial institution or something, Auditing, Tax Prep, Investment, etc. My la... : Sailor of Fortune
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              more like contractually prevented from finish CIV4 pitboss turns : Foxhawk
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                I have 3 turns worth of commands queued up. Can anyone tell me why it's not auto-ending my turn? : Cheeziologist
                • In case you change your mind? Men are such fickle subjects. : StolenNosferatu
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                  there is no "auto-ending", you just have to log in and hit enter : dirge23
                  • (spacebar? whatever it is) : dirge23
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                    Even if you have "Wait at end of turn" disabled? : SockMonkehThis person is cool!
                    • huh, i dunno. : dirge23
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          i'd probably buy 5K worth of stock. depends how much it opens for though. : dopemanThis person is cool!
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            If I had to make a guess based on absolutely nothing at all I'd say somewhere in the neighborhood of $15-... : one random winner
            • < $5/share : ZakkoThis person is cool!
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              whoa, i had it pegged at more like a third to a fifth of that price. : dopemanThis person is cool!
              • As I said, based on absolutely nothing at all. : one random winner
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                I suspected penny stock honestly : rosewoodThis person is cool!
                • $50 mil.. will it even be a pink sheet? : loboca
          • How will we know when we can do this? If we only have3 a couple hundred to spend will that be OK? : dognoseThis person is cool!
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          sounds like a perfect way to run the site into the ground : maullaThis person is cool!
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            The perfect way to run the site into the ground would be to give full control of the site to Phil. Talk a... : rosewoodThis person is cool!
            • The shack would be synonymous with pedophiles.com : one random winner
        • I would have to look at the company financial statements before committing to investing 10k. : spiffymcThis person is cool!
        • We could do this just to extort things out of them. Threaten to all sell our shares simultaneously if the... : notd665This person is cool!
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      If i do, can i get a $ to go along with the Lightning bolt. : krym3
      • im with krym3, i want perma lighting bolt for buying stock : m0rfus
    • Solid gold bans for everyone! : Rauol DukeThis person is cool!
    • And yet they still got a really crappy ad service that serves it's users virus on a weekly/monthly basis.... : deathofratsThis person is cool!
    • Stocks will go up and down depending to Phil's POSTS/LOLS Ratio : r3dn3ckThis person is cool!
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      What will the ticker symbol be? NSFW ? : reelbkThis person is cool!
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        it says it in the first sentence of the article D: : harold.johnson
        • I was on the iPod at the time : / : reelbkThis person is cool!