To be fair to Ubisoft, which is hard to stomach, they aren't a small company. Even if one IP was going strong, they couldn't sustain their size and value. They need multiple IPs making waves and raking in cash to remain stable at the point they were, and especially to keep investors in their corner.
Its a good lesson about not expanding when the getting is good in a volatile industry.
Expansion is the meta, especially when the "recession" word is taboo. Stupid normie investors expect number go up when they give you money, and wasting their money hiring dead weight is considered "boosting shareholder value" in the increasingly retarded stock market.
I'm starting to understand why companies that actually care about their business stay private, or failing that, make the voting shares obscenely expensive, like Berkshire Hathaway's A-class shares.
To be fair to Ubisoft, which is hard to stomach, they aren't a small company. Even if one IP was going strong, they couldn't sustain their size and value. They need multiple IPs making waves and raking in cash to remain stable at the point they were, and especially to keep investors in their corner.
Its a good lesson about not expanding when the getting is good in a volatile industry.
Expansion is the meta, especially when the "recession" word is taboo. Stupid normie investors expect number go up when they give you money, and wasting their money hiring dead weight is considered "boosting shareholder value" in the increasingly retarded stock market.
I'm starting to understand why companies that actually care about their business stay private, or failing that, make the voting shares obscenely expensive, like Berkshire Hathaway's A-class shares.