I agree with you. which is why i'm still on the fence. =)
Im well aware of how venture capital works, I myself am a successful product of such investors.
They've been paid now, 2 dollars back for every 1 we took.
I'm just wondering what the contract states.. How much does MA stand to repay after the cash infusion? 2:1? 4:1? =X
Im also worried about the asian market. Right now there are asian MMORPG's that cATER to the asian community. they mimick eq, and already have quite large playerbases. Bringing the PE economy model to the chinese provinces wont be easy as you think. =/ Each province has its own rules and standards on how things are run.. =X Has MA really done their asian gaming market homework? =X
Plus, Add Taiwan, HongKong, and South Corea(Korea if you like.) to the mix. At the getgo, the hongkong and taiwanese players will be able to out-afford the chinese mainland players. This *is* a game based on USD lets not forget.. Thats like asking for a whole new set of rich noobs, and a whole new set of broke noobs. (no middle ground really.)
Anyways, as you said, VC is a risk..
My own money invested in PE is also a risk. =) Luckily for me, its a risk I choose to afford.. So, I'll just sit back, put my legs up, and see what happens.
Good luck to all involved parties. Make my PED worth more.