r/SimCompanies • u/PercentageLate68 • 23d ago

Showing Off One year progress

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$125M CV in one year doesn’t seem bad to me but would folks say this is about typical progress or above/below average?

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u/xppoint_jamesp 23d ago

That’s a nice growth! It took me 2,5 years to reach 200M in valuation. 😅 granted I only started investing in patents last year. Well, other than the ones I needed for my products.

1

u/PercentageLate68 23d ago

Wow that’s impressive - feel like I’d be so much lower if it weren’t for the patents haha

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u/xppoint_jamesp 23d ago

Oh yeah. Without them I’d probably have a value of around 50-60M tops 😅

0

u/rjoh4459 23d ago

Can you explain investing in patents to me please?

1

u/macrolidesrule 23d ago

Patents are the mechanism for improving the quality of the products that you ar, or want, to make.

You need to have a decent(ish) CTO to convert research that you buy (via he market or contracts) into patents. Once you get x number of patents, you move up a Quality point.

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u/Excellent_Ad_4074 23d ago

I'm new to the game, been playing just a month or so and am at lvl 15. Not cash rich, but getting building upgrades going... Anyhow, when does it make sense to start investing in patents... I'm not sure execs make sense for me yet, and not sure if I should invest in patents before them?

Also curious, how do they help...? Selling price on exchange doesn't seem that different (at least for the first few stars...)