Swedish publisher Paradox Interactive has revealed that it passed on the chance to publish two games that went on to be highly successful.

Speaking at the company's annual conference, vice president of acquisition Shams Jorjani said it turned down the chance to publish The Banner Saga and World of Tanks.

"These games were essentially filtered out, in part, due to them not matching our pillars," said Jorjani, "The Banner Saga is a wonderful game, I love it, it's one of the most gorgeous games I've ever seen, but it's not a Paradox game. It doesn't have the depth that we were looking for at the time. There's a lot of money to be made in a lot of games, but it's not always our money to make."

Paradox CEO Frederik Wester put less spin on his assessment. He said Paradox didn't have enough money to secure the publishing rights to World of Tanks, a game that has gone on to find huge financial success.

"I didn't have the money to pay up," he said. "I was really thrilled by the idea, but we weren't sure about the business model, either, because we haven't tried that before."