![]() ![]() That situation changed on December 3rd 2010, when the investors snapped up Andrew Gower's entire stake. Though out-numbered in the boardroom, Andrew Gower still had the final say, as he remained the major shareholder. Jeff Horing took his place on the Board of Directors then, bringing his colleague Alex Crisses to fill another. Insight Venture Partners got their foot into Jagex's door in October 2005, when CEO Constant Tedder and founders Andrew and Paul Gower collectively sold 35% of their company shares. It was this acumen which came to the fore, when Horing teamed up with Jerry Murdock to form their own venture capital and private equity firm. In short, this is a man who has the qualifications and experience to evaluate business ventures to their best advantage. Horing graduated with high honors for his B.S. Focusing solely upon business, this private school has an acceptance rate of only 7%. One of his earliest achievements was to be accepted into the prestigious Wharton School of the University of Pennsylvania. ![]() ![]() He had also become savvy about technology investments, following a stint at E.M. Jeff Horing, as a former employee of Goldman, Sachs & Co, had already earned his capital market credentials before he even co-founded Insight Venture Partners in 1995. He represents the most distasteful episode in the onslaught of aggressive monetization in the game of late.Īmidst the fury of the backlash, many of them are looking into the history of Insight Venture Partners, to see if there are clues as to how far its majority share will influence the future of Jagex. Is there a metaphor here in the artwork? Runescape players certainly think so. Propped up by the riches of expensive armor and a dragon square shield, he is presented less as a victim and more like a Mafia don. ![]() He holds aloft an XP lamp like a golden bong. Gone is his half-starved, terrified aspect in is a fat cat belly and a smug smile. Yet in the marketing headline banner, Yelps reclines contentedly in a chair. He's just waiting for players to press the red button, which will deliver unto him a hefty smack with an over-sized boxing glove. In the gambling mini-game, the goblin character Yelps is dangling in sadistic slavery upon a chain. Even the advertisement for Runescape's Squeal of Fortune looks wrong. ![]()
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