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Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

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Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#51
post #30

Earlier quoted context omitted.

The thing is that the business would have been perfectly fine without that nonsense. They have a core product which despite all its issues still have real demand it's not bloatware but something you can build a sustainable business on. 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 likel…

That's not how publicly traded businesses are run. You are not serving the needs of the business. You are serving the needs of the shareholders. Line must go up therefore you need to constantly expand. This incentivizes stupid acquisitions bought on with stock and debt. It does not incentivize focusing on your core businesses and investing in to it.

> That's not how publicly traded businesses are run

Can you cite how you know this is the case for all / most publically traded businesses?

Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#52

What a joke I was there when the acquisition happened and it was both “yay” and “what?” There was so little communication with the overall staff - even at the M9 level - and the management seemed to be doing their own thing. My prediction: Unity is going to be BedBath&Beyonded

I don't know about "BedBath&Beyond". Would you mind to elaborate for those of us who don't know? :-)

Maybe this https://en.wikipedia.org/wiki/Bed_Bath_%26_Beyond

Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#53

What a joke I was there when the acquisition happened and it was both “yay” and “what?” There was so little communication with the overall staff - even at the M9 level - and the management seemed to be doing their own thing. My prediction: Unity is going to be BedBath&Beyonded

I don't know about "BedBath&Beyond". Would you mind to elaborate for those of us who don't know? :-)

Cheap massively overpriced shit products, with horrendous stock control managers and stock buyers with some… weird taste.

There you go. Bed Bath and Beyond.

Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#54

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.

Oof, I use Parsec daily, if they killed it I would be really bummed

Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#55

What a joke I was there when the acquisition happened and it was both “yay” and “what?” There was so little communication with the overall staff - even at the M9 level - and the management seemed to be doing their own thing. My prediction: Unity is going to be BedBath&Beyonded

I don't know about "BedBath&Beyond". Would you mind to elaborate for those of us who don't know? :-)

Channeling dang for a moment: Previously discussed:

https://news.ycombinator.com/item?id=37652479

Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#56
post #53

Earlier quoted context omitted.

I don't know about "BedBath&Beyond". Would you mind to elaborate for those of us who don't know? :-)

Cheap massively overpriced shit products, with horrendous stock control managers and stock buyers with some… weird taste. There you go. Bed Bath and Beyond.

And their management squeezed the company for personal profit until it went bankrupt

Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#57
post #44

I have been revisiting Godot this past week after feeling that I didn't give it a fair shake a few months ago. I don't know that Unity has a future. Unity is still better than Godot, and in some ways by a wide margin, but Godot is gaining ground fast, the learning/tooling ecosystem has exploded in the last several months, and for most "indie" projects, which Unity's pricing change was targeting, Godot is the better c…

How is Godot on cross-platform targeting these days? To me, the most attractive aspect of Unity's offering was the opportunity to port the same game core and assets to multiple targets with relatively little retooling.

That’s where open source gets tricky. Most platforms like iPhone or PlayStation are closed ecosystems and require you to make legal contracts with them to develop and release on them

Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#58
post #52

Earlier quoted context omitted.

I don't know about "BedBath&Beyond". Would you mind to elaborate for those of us who don't know? :-)

Maybe this https://en.wikipedia.org/wiki/Bed_Bath_%26_Beyond

what a sad story. It's an interesting tale oddly in favor of letting nepotism happen. The story definitely reads like some activist investors righteously decapitated the company for nepotism, but then were left with a dead body.

Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#59

What a joke I was there when the acquisition happened and it was both “yay” and “what?” There was so little communication with the overall staff - even at the M9 level - and the management seemed to be doing their own thing. My prediction: Unity is going to be BedBath&Beyonded

Bedded, Bathed, & Beyonded

Re: Unity Software with a 'company reset' walks away from film VFX and the Wētā Deal

#60
post #52

Earlier quoted context omitted.

I don't know about "BedBath&Beyond". Would you mind to elaborate for those of us who don't know? :-)

Maybe this https://en.wikipedia.org/wiki/Bed_Bath_%26_Beyond

The things you miss... I wasn't even aware they'd disappeared. That history is some reading! When your CFO tragically jumps off a balcony, the company might not be doing well.

Why do so many big box stores seem to follow the huge growth -> saturation -> quick implosion and bankruptcy script?

Surely their margins don't materially change? Low per store sales from bad stores? But the first step seems to be closing stores, and that doesn't resolve the issue. It seems weird they'd be able to attract capital for expansion, but then implode so quickly.

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