21–30 of 122 posts
Unity will die or be replaced by the end of the century. Once people swarm on AR/VR apps and realize how annoying it is to develop things using Unity Editor, at least compared to the luxury of web dev, some alternative will have to pick up from there.
Unity will die or be replaced by the end of the century. Once people swarm on AR/VR apps and realize how annoying it is to develop things using Unity Editor, at least compared to the luxury of web dev, some alternative will have to pick up from there.
The Billion dollar acquisition was probably driven by megalomaniac ex-CEO, wanting a piece of every pie and world domination.
Unity will die or be replaced by the end of the century. Once people swarm on AR/VR apps and realize how annoying it is to develop things using Unity Editor, at least compared to the luxury of web dev, some alternative will have to pick up from there.
Are we seeing blowback from the era of cheap money to really high inflation rates or am I just underestimating how many people have to have layoffs after an acquisition wasn't budgeted properly?
A lot of "business type" individuals were truly kept afloat by just being to finance their dumb ideas on cheap money instead of actually being able to bring profit to the table.
Unity will die or be replaced by the end of the century. Once people swarm on AR/VR apps and realize how annoying it is to develop things using Unity Editor, at least compared to the luxury of web dev, some alternative will have to pick up from there.
Unity bought other things that then they just proceeded to close a bit after. Perhaps it was just a strategy to inflate their shares. See for example ArtEngine, which I loved and they just killed after acquiring it. Now I’m so afraid for Parsec.
Unity will die or be replaced by the end of the century. Once people swarm on AR/VR apps and realize how annoying it is to develop things using Unity Editor, at least compared to the luxury of web dev, some alternative will have to pick up from there.
If you look at a company's shares as their real product, then a lot of these kinds of maneuvers start to make sense. I learned this from HBO's Silicon Valley, btw...
Unity stock price peaked in late 2021 due to the general tech bubble and the whole "Metaverse" thing specifically. The Wētā deal was announced a month or two earlier and probably had no real effect. It was downhill ever since...
Are we seeing blowback from the era of cheap money to really high inflation rates or am I just underestimating how many people have to have layoffs after an acquisition wasn't budgeted properly?
Cheap money and incompetent executives that were able to survive using that cheap money. A lot of "business type" individuals were truly kept afloat by just being to finance their dumb ideas on cheap money instead of actually being able to bring profit to the table.
Had they not massively overhired, stayed at ~1500-2000 employees, focused on the engine itself and not wasted massive amounts of money on acquisitions like this the company would likely already be profitable.