I think the issue is more that VC’s prioritize draining money out of what they acquire instead of continuing with what works for longer term gains.
Comment on Phoenix Labs (creators of Dauntless and Fae Farm) just laid off most of their dev team
sosodev@lemmy.world 1 week agoMeh. You can blame crypto bros but the original owners sold out. Once a studio has been swallowed up by a conglomerate it is only a matter of time before it turns to shit.
electric@lemmy.world 1 week ago
Shadow@lemmy.ca 1 week ago
I wish I could get more into this, but yes there were some major missteps during the covid/post-covid “stocks are crazy high, money is free!” period. After that there just wasn’t really a way to recover.
Unfortunately it’s pretty hard to avoid VC money, the tech industry runs on it.
sosodev@lemmy.world 1 week ago
It’s hard but not impossible. You’ll make less money but have much more stability.
After multiple layoffs I started freelancing. The autonomy and multiple streams of income has been great for my mental health.