Comment on Report: Unity's Runtime Fee quietly gave exemptions in launch rush
echo64@lemmy.world 1 year agopoint 3 was suggesting that because tim sweeney holds 51% of the company, he has no obligations to those who invested.
Comment on Report: Unity's Runtime Fee quietly gave exemptions in launch rush
echo64@lemmy.world 1 year agopoint 3 was suggesting that because tim sweeney holds 51% of the company, he has no obligations to those who invested.
wildginger@lemmy.myserv.one 1 year ago
Its stating that because he owns a majority share, he has the ability to suppress publicly traded short term value inflation in favor of showing other private investors that long term growth is both sustainable and profitable.
Which, as shown by how completely anti-short term the epic games store is run, is clearly a sales pitch that his other private investors are buying into.
echo64@lemmy.world 1 year ago
This assumes a lot, it assumes a lot about the investment agreements, especially about veto rights
wildginger@lemmy.myserv.one 1 year ago
No it doesnt.
It points at the long term focused business decisions, and then points at the private nature of its investors, and says “hey thats a pattern we see a lot with privately owned and invested companies.”