• Ever wanted an RSS feed of all your favorite gaming news sites? Go check out our new Gaming Headlines feed! Read more about it here.
Status
Not open for further replies.

Cerium

The Former
Member
Oct 23, 2017
1,741
Hello everyone! We're coming up on our 4th anniversary this month and I almost can't believe it's been that long. It feels like we got started yesterday. It feels like we've been doing this forever. Two years ago I stepped down as General Manager and I've tried to leave the day-to-day management of the site to the staff as much as possible, but I've still been doing what I can to help and to ensure that the technical and logistical needs of the site were being met.

The pressure of being the sole owner of ResetEra has always remained, however, and personal health concerns have made it increasingly difficult to shoulder that on my own. I've wrestled with this decision for a long time now, but when I'm honest with myself I know I won't be able to keep doing this forever. The right thing to do was to find a responsible buyer for the site.

And so after months of deliberations and negotiations, I can let you all know that as of today ResetEra officially has a new owner. No, it's not Spencer's Gifts!

There were several potential buyers to consider, but in the end the clear best fit was MOBA Network. They're a company based in Sweden which owns a number of community-driven gaming websites; they have a good track record of acquiring sites and giving them the resources to succeed without interfering with how they're run. Crucially, they have absolutely no desire to change the ResetEra community or its culture in any way. Their MO is to stay in the background and only handle the business and logistical end of things.

The staff will retain total independence when it comes to moderation and the day-to-day management of the site. That independence will be held as absolutely sacred, in the same way that editorial independence is treated at journalistic publications.

It is my honest belief that this arrangement is the best way to secure the future of the site, to give it the kind of safety net that I can't on my own, without sacrificing anything that makes the site what it is. My time as the owner of ResetEra has been one of the greatest honors of my life. I would never give it up without knowing that it will be in good hands.

I know there will probably be a lot of questions about this so I'm going to try to answer as many of the big ones as possible here and now:


What will this change here at ResetEra?

Not much! It'll mainly just be someone else keeping the lights on. There will be no imposed changes to the rules or to the staff. Members will not have to change how they post. B-Dubs has agreed to stay on as general manager. At the staff's request, and with the new owners' permission, I will continue to make myself available as a consultant in case they ever believe I can be helpful.


What benefits will this have for the site?

MOBA Network has ample resources and a well-established infrastructure to support websites under their umbrella. Whatever the site needs to succeed in the long term, they will be able to provide. They are equipped to do this better than I can or any individual owner could. The site will no longer hinge on a single person.


Why did MOBA Network want to buy ResetEra?

We fit with their user-driven approach. They're not a journalistic network, they're not a game publisher, there aren't a whole lot of popular gaming sites out there which suit them. They like ResetEra and they believe in it. At the end of the day it's an investment.


Are the staff getting paid?

The people who've been handling paid work, such as the tech team, will be making their own arrangements with MOBA Network to continue doing what they do. Moderators are still volunteers.


Why is this happening now?

In a couple weeks we'll be celebrating our fourth anniversary as a site, and that seemed like a good window to aim for. Deals like this take a long time to come together, so the process began months ago.


Is MOBA Network going to try to force us to interact with their other sites at all?

No. They have many sites and none of them have been forced to influence each other in any way. They have a good track record of preserving the independence and the separation of sites they acquire. Their other sites will have no bearing on us and we will have no bearing on them.


Why is this being announced at this hour?

We needed to wait for MOBA Network to formally disclose the purchase, which meant waiting until the start of the business day in Sweden. This was the earliest possible time that it could be announced.


Will my personal account data be safe?

Yes! MOBA Network is not in the user data business and never will be. They're not going to sell your data. Nothing is going to change about how your data is handled and protected.
 
Last edited:

Nida

Member
Aug 31, 2019
11,139
Everett, Washington
Well, I did not expect this when clicking "Recent Threads". Hope everything goes smoothly.

Does MOBA Network sell novelty toys at least? Blacklight posters? Fake vomit?
 

Neoxon

Spotlighting Black Excellence - Diversity Analyst
Member
Oct 25, 2017
85,287
Houston, TX
Interesting news, I'm curious to see how this works out in the long-term. Either way, I'm glad that you're taking care of yourself, Cerium.
 

texhnolyze

Member
Oct 25, 2017
23,153
Indonesia
It's time to make MOBA cool again.

Edit: this is the full list of their network, right? Seems big and varied enough, but they have a common theme.

f5VA4n9.png
 
Last edited:
Oct 25, 2017
19,040
Sounds like it's for the best. In the back of my mind I always wondered how much of an additional stressor it is for a person individually running a site this size while juggling their own lives and full-time work. Congrats on handing this off to what seems like a well-intentioned third party, hopefully they stick to their word on letting Era maintain it's independence.
 

Burgess_101

Member
Oct 26, 2017
1,274
Being attached to a company definitely has me worried seeing how other forums have died in the past. If this seemingly relatively young company goes belly up, it may not end well.
 
Last edited:

duckroll

Member
Oct 25, 2017
11,145
Singapore
Nice. Congrats on the payout! Hope it helps alleviate the stress and financial burden from your health issues. Take care.

Maybe the MOBA Network can now consider if the value of ResetEra as a business enterprise can afford to not think of moderators as volunteers but rather community managers who can be paid, trained, and supported for the effort they put in. It would be better for them and for the entire community honestly.
 
Oct 28, 2017
265
If the owner gets money for selling the web site I think the mods should have some share of being paid for what they do. Being a mod is a thankless job.
 

rpm

Into the Woods
The Fallen
Oct 25, 2017
12,348
Parts Unknown
I hope this works out for the best, and I'm also hoping for the best in regards to your health concerns, Cerium
 

jsnepo

Banned
Oct 28, 2017
4,648
I hope they don't interfere with politics. I don't want alt right posts being encouraged and not immediately bannable.
 

CDX

Member
Oct 25, 2017
3,476
So we went from an independent owner to now MOBA owning the forums. A bit weird.
 

Kotto

CEO of Traphouse Networks
Member
Nov 3, 2017
4,466
Cerium sitting on a fat check right now. I see you bucko!
 

MondoMega

One Winged Slayer
Member
Jan 10, 2018
47,474
Australia
As long as MOBA Network running sites for games developed by Blizzard and Riot won't get in the way of this place talking about their awful studio cultures...
 

blondkayvon

Member
Oct 26, 2017
756
Can't imagine corporate ownership benefiting a community founded on open discussion, to be perfectly honest.
 

Dave.

Member
Oct 27, 2017
6,139
After the "by the community, for the community" beginnings of the site, it's always seemed a bit weird that it ended up quietly generating profits for a single mysterious owner. And now that's even more explicit. I think the biggest question anybody might have is "how much was the payout?". Edit: $4.5 million US dollars?!?!

Congrats on the sale, hopefully little changes.
 
MOBA Network's Press Release

MondoMega

One Winged Slayer
Member
Jan 10, 2018
47,474
Australia
What was the sell price?

M.O.B.A. Network acquires ResetEra.com - one of the world's largest gaming forums

M.O.B.A. Network has today acquired ResetEra.com, one of the world's largest gaming forum and

The purchase price amounts to USD 4.55 million and will be paid in cash in two tranches, where USD 3.55 million has been paid upon closing, and USD 1 million will be paid by 31 December 2021.
 
Status
Not open for further replies.