Comment on Unity rushes to clarify price increase plan, as game developers fume
Fetus@lemmy.world 1 year agoThe collapse of Silicon Valley Bank caused a bit of a stir in the venture capital world. Things used to be able to be horrifically unprofitable for a reasonably long time before vulture capital would swoop down and tighten the thumbscrews.
Now that “normal” banks are the ones dealing with the finance side of VC, they seem to care about profits, and that if you’re not squeezing every cent you can out of your investment, then it’s a failure.
Or, like, whatever. Just kinda how I feel about it…
echo64@lemmy.world 1 year ago
This isn’t it. The svb run was a symptom, not a cause. You’ll note this is not something limited to the tech world.
Markets, in general, are risk adverse because of the whole global economic shutdown thing. Executives are driving shareholder growth, not through investment like a giant ponzi scheme, or through competition, but through whatever hairbrained scheme they can come up with that will raise stock prices in the short term.
SCmSTR@kbin.social 1 year ago
It's global warming. All the natural disasters, insurance and repairs are extreme and accelerating, and those funds need/want more money and are collecting in every way they can.
I can't believe it either - our inability to prepare for global warming has caused Unity to charge per install.