3 ms·
Been a Unity developer for years. Was shocked and dismayed by the runtime fee announcement debacle. Was pleased at the result with JR leaving. The new CEO seems
by bentt 3y ago
Been a Unity developer for years. Was shocked and dismayed by the runtime fee announcement debacle. Was pleased at the result with JR leaving. The new CEO seems okay so far. I'd initially though of him as a hatchet man who will let the next CEO come in with clean hands, but maybe not. He seems to be talking to developers and listening.
The company NEEDS to reduce its headcount and its monte carlo solver approach to growth and profitability. They have not made meaningful progress on the Unity Editor in several years. Most pros use the old systems and those that bet their company on the new engine systems pay a heavy price. The amount and variety of debt that has piled up is staggering. They have to start servicing it.
So, the company will look like it is bleeding but I honestly think it's about time. It needs an intervention to find a way forward.
On this news I bought Unity (U) stock for the first time today. It was a token amount because I want to get insider comms, but I have never considered buying it at all before.