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At first I was surprised Epic's shareholders tolerate CEO Tim Sweeney – Epic had this all wrapped up, they got a large portion of what they wanted, but Sweeney
by arthurofbabylon 3y ago
At first I was surprised Epic's shareholders tolerate CEO Tim Sweeney – Epic had this all wrapped up, they got a large portion of what they wanted, but Sweeney just couldn't help but keep the drama going, at risk of their business.
But then I realized that Tim Sweeney owns more than half of Epic. If he wants to risk his company for a fracas/kerfuffle, then that is between him and his minority shareholder.
- deleted 3y ago[deleted]
- yokoprime 3y agoI don't think he's risking anything other than having to pay his team of lawyers. Apple is not a major platform for Epic, in fact earnings from sales outside of Windows and consoles is probably so tiny they wouldn't notice it if it disappeared.
- darknavi 3y ago> Apple is not a major platform for Epic Well it's not a platform for Fortnite at all for the last few years.
- justin66 3y agoLiterally all of Epic's biggest shareholders are on board with treating the problems with Apple as more than a "kerfuffle." They've attracted quite a bit of investment in spite of the ongoing lawsuits.
- fngjdflmdflg 3y agoActually I'm sure Tencent is really glad Tim Sweeney is doing this as they make a bunch of games already eg. pubg mobile (partial ownership there I think). Having an alternative story as an option is probably a strategic benefit for them