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The last CEO lost his job over the backlash from the runtime fee. Guess you can try to boil the frog again at a lower temperature.
by 0cf8612b2e1e 1y ago
The last CEO lost his job over the backlash from the runtime fee. Guess you can try to boil the frog again at a lower temperature.
- mushufasa 1y agoThey must have raised money based on this plan -- the board must be holding them to execute it again to hit the projected IRR. If they had full control of their own destiny, I think most operators would just focus on a different business model.
- evanmoran 1y agoNot a raise, they merged with ironSource in 2022 (adtech). A new business model was likely baked in: https://kotaku.com/unity-ironsource-merger-ad-tech-layoffs-1849173304 https://kotaku.com/unity-ironsource-merger-ad-tech-layoffs-1... https://mobilegamer.biz/inside-unitys-troubled-4-4bn-ironsource-merger/ https://mobilegamer.biz/inside-unitys-troubled-4-4bn-ironsou... https://unity.com/news/unity-completes-merger-ironsource https://unity.com/news/unity-completes-merger-ironsource
- hinkley 1y agoAnd there's the real reason to permanently distrust Unity. Not what they're doing, who they are. They're a scorpion. Doesn't matter how long it's been since they stung someone. It's in their nature.
- terribleperson 1y agoWhy is it that when companies acquire adtech companies, it seems like the adtech ends up on top?
- danaris 1y agoMy guess would be that only companies whose leadership already want to become adtech make the decision to buy an adtech firm.
- terribleperson 1y agoThis is a fair point. So they've already decided to change direction, they're buying expertise and a clientele.