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> Epic Games releases $12M worth of Paragon assets for free > The assets, built at a cost of over $12 million... It's a common mistake to assume that somethin
by jcoffland 9y ago
> Epic Games releases $12M worth of Paragon assets for free
> The assets, built at a cost of over $12 million...
It's a common mistake to assume that something is worth what it cost to create it.
- cupofjoakim 9y agoValue is relative, right? It depends on who looks at it. To Epic, they're definitely worth $12M whilst to you and me it's probably not more than a couple hundred bucks (unless you're a game dev in need of assets, that is),
- jcoffland 9y ago> To Epic, they're definitely worth $12M No, that's the fallacy. The assets are only worth $12 million to Epic if Epic has a viable way to reap $12 million in benefit from them. The fact that it cost Epic $12 million to create the assets has nothing to do with it. That's just sunk cost.
- tonyhb 9y agoThere's now a business loss of $12M on their books, so they're getting benefits on their next tax filing. That's where the real monetary value comes from.
- icebraining 9y agoWhich is a small percentage of $12M.
- chii 9y ago> loss of $12M on their books this is really hard to quantify independently, and they can use this figure to inflate their losses to claim more taxation benefit than otherwise deserved. Why can't i say that I "lost" 12million developing my indie game, and therefore, claim some taxes off my casual contract work?
- deleted 9y ago[deleted]
- megy 9y agoIt cost $12m for them to make them.
- jeron 9y agoseriously, like if someone builds an entire gaming company from these assets then it would be worth way more than $12M
- naikrovek 9y agoWhat would it cost to re-make them at the same quality and quantity? $12M does not seem unreasonable at all.