3 ms·
Like most of these stories, I'm sure there are tons of details not in the press. I find it difficult to believe that any statements made by the governor would
by brk 14y ago
Like most of these stories, I'm sure there are tons of details not in the press.
I find it difficult to believe that any statements made by the governor would have really scared away investors though. Any rational investor would be doing a fair amount of due diligence and looking at the companies financials before investing. Statements by the governor (if accurate) should at that point be redundant to any information gathered during the DD process.
Armchair-quarterbacking this, it seems that 38 Studios was spending money like a 90's dot-com company and didn't realize that the gravy train had a real chance of running out before they managed to get stabilized as a business.
- runevault 14y agoYeah, last figure I heard was $4 million a month, with only one somewhat successful game under their belt (and they bought the company that made it). This is why any company that doesn't already have a serious track record and money coming in from previous projects shouldn't jump straight to an MMO.
- tibbon 14y agoRight on. It was 13 years and 26 games before Blizzard released WoW. Experience does count for something, as does having an established world of characters and lore to draw from.
- tibbon 14y agoRight, if the governor was saying, "finances are weak, schedules are behind, they are spending money like its 1999, and they are making a risky product" I can't imagine how that wouldn't show up in DD or even a first serious investor meeting. I'm guessing what Schilling wanted the governor to do was to tell all the investors that its a great deal, that the government has their back unconditionally, and that they should invest. By not doing this he was "scaring them away".