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> Unity isn't close to profitable, and never has been This isn't really true though, their core business is and was profitable if you exclude all the of acquis

> Unity isn't close to profitable, and never has been This isn't really true though, their core business is and was profitable if you exclude all the of acquisitions junk, stock shenanigans, and loans to pay for it they have been doing. It just didn't have the margins expected of a public company and so they did all that other junk to pump those numbers.

maccard 3y ago
> This isn't really true though, their core business is and was profitable if you exclude all the of acquisitions junk, stock shenanigans, and loans to pay for it they have been doing. "We're profitable if you ignore all the things we're spending money on"
- fineIllregister 3y ago
  The claim here is that none of that spending is generating revenue. They could stop spending that money, their income would remain the same, and then they would be profitable.
- squeaky-clean 3y ago
  > if you ignore all the things Not all the things, just their unprofitable side business attempts. It's like knowing a guy with a well paying job who always complains he is broke. But he conveniently never mentions that he's spending $4500 per month on a Lamborghini lease.
qwytw 3y ago
> stock shenanigans They pay their employees and executives in stock. They'd have to spend much more cash if they stopped doing that.
- TylerE 3y ago
  Could it not be argued that the situation they're in is exactly because "big number go brrrr" over building a sustainable business?
jeffchien 3y ago
I don't think this is true. Unless I'm misreading their S1, they have been operating at a loss: https://www.meritechcapital.com/blog/unity-software-ipo-s-1-breakdown https://www.meritechcapital.com/blog/unity-software-ipo-s-1-...
- Scramblejams 3y ago
  ...with nearly 8,000 employees. I'd love to see a breakdown of how much is being lost by each of their various business units.
hcks 3y ago
"It’s profitable if you ignore cost of capital" I implore devs to watch any of the business 101 class they think they’re too smart for

maccard 3y ago

> This isn't really true though, their core business is and was profitable if you exclude all the of acquisitions junk, stock shenanigans, and loans to pay for it they have been doing. "We're profitable if you ignore all the things we're spending money on"

fineIllregister 3y ago
The claim here is that none of that spending is generating revenue. They could stop spending that money, their income would remain the same, and then they would be profitable.
squeaky-clean 3y ago
> if you ignore all the things Not all the things, just their unprofitable side business attempts. It's like knowing a guy with a well paying job who always complains he is broke. But he conveniently never mentions that he's spending $4500 per month on a Lamborghini lease.

qwytw 3y ago

> stock shenanigans They pay their employees and executives in stock. They'd have to spend much more cash if they stopped doing that.

TylerE 3y ago
Could it not be argued that the situation they're in is exactly because "big number go brrrr" over building a sustainable business?

jeffchien 3y ago

I don't think this is true. Unless I'm misreading their S1, they have been operating at a loss: https://www.meritechcapital.com/blog/unity-software-ipo-s-1-breakdown https://www.meritechcapital.com/blog/unity-software-ipo-s-1-...

Scramblejams 3y ago
...with nearly 8,000 employees. I'd love to see a breakdown of how much is being lost by each of their various business units.

hcks 3y ago

"It’s profitable if you ignore cost of capital" I implore devs to watch any of the business 101 class they think they’re too smart for