Saints Row developer Volition shuts down after 30 years
(nichegamer.com)
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you know what could have prevented them from needing to beg for money from a country where being gay is illegal?
they could have made good games that sold.
The days of companies reinvesting profits is long over.
Nowadays, it's all about credit lines and investments.
Then maybe companies deserve to close their doors. Seems like an extremely poor strategy.
It is one of the things that a channel I watch called Valliant Renegade gets a bug up his ass about all the time. His day job is doing financial work, and one of this biggest pet peeves is the push in the last decade or two that all companies should be focused on growth rather than profit. It is why you have this push for constant investment and credit even though companies are losing money hand over fist.
Meanwhile, many of those investors will turn up their nose at a company that had limited growth but made solid profit.
He sees it as the number one reason that so many of the streaming services have failed to make any profit because they must get that growth, which then also causes the drop in quality (that is further made worse by the beliefs of the Hollywood types).
Blame the "education" going on in the business schools these past few decades. MBAs and accountants are fixated on being big and growing bigger, "market share" and "market penetration". It drove one of my business profs wonky, he would constantly ask kids "which would you rather be, a profitable small business or a failing big business?"
"But Doc, big businesses don't fail!" "When's the last time you shopped at Sears, Roebucks?" "Who?" "Exactly."
Seems to me that profit is what funds growth in a not-pants-on-head-retarded organization.
I've never understood people's willingness to put their healthcare into the hands of their employers. I may pay a hefty chunk out of pocket, but it gives me the freedom to know that I'll never be without medical coverage so long as my bank account isn't empty. Makes it real easy to weather something like a contract getting canceled or an employer being otherwise retarded.
This is why. Its not a lazy choice. Its a "its the only affordable option" choice. Most people wouldn't have any insurance if not for the "give us 7$ per check and your family is covered" monthly options employers offer, compared to the average of 560$ a month for private.
Lefties may be retards with bad solutions, but they aren't wrong that healthcare in America is absurdly expensive and well beyond the ability of most families to pay without employer coverage at 99% cheaper than personal coverage.
Sure, but people in my line of work who make damn good money do it to themselves as well. I just can't wrap my head around putting yourself in such a vulnerable position if you have the reasonable option to not do so.