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TimSweeneyEpic's profile
Tim Sweeney
Tim Sweeney
Tim Sweeney
@TimSweeneyEpic

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Tim Sweeney

@TimSweeneyEpic

Epic Games founder & CEO

epicgames.com
Joined August 2013

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    1. Tim Sweeney‏ @TimSweeneyEpic 4 Apr 2019
      • Report Tweet
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      Replying to @Mortiel @SonOfATech and

      Yes, we estimate average costs of sales at 5-7% in developed markets, based on our experience processing Fortnite payments. 30%-7% = 22% for Valve. 30% profit margin on 70% revenue share = 21% for the example developer.

      3 replies 0 retweets 4 likes
    2. Mortiel‏ @Mortiel 4 Apr 2019
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      Replying to @TimSweeneyEpic @SonOfATech and

      And how much does CDN storage and infrastructure cost to maintain? Before giving a BS answer, remember you are talking to people that actually do this for a living.

      2 replies 0 retweets 2 likes
    3. Tim Sweeney‏ @TimSweeneyEpic 4 Apr 2019
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      Replying to @Mortiel @SonOfATech and

      Our costs in the developed world are typically 2.5% to 3.5% for transaction processing, 1% to 1.5% for customer service, 1% for CDN bandwidth. This is based on our experience operating Fortnite digital sales on PC, Mac, and Android.

      2 replies 0 retweets 3 likes
    4. Mortiel‏ @Mortiel 4 Apr 2019
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      Replying to @TimSweeneyEpic @SonOfATech and

      And now magnify that by the library on Steam. Fortnite is just one game. You are starting to get there. I have faith in you. Also, let's talk about resource costs. What is your employee overhead?

      1 reply 0 retweets 2 likes
    5. Mortiel‏ @Mortiel 4 Apr 2019
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      Replying to @Mortiel @TimSweeneyEpic and

      Cards on the table: Employees alone, OpEx budgeting is often around 30% of revenue alone. Other OpEx items can take upwards of 15%. CapEx, including R&D, can be up to 40% depending on strategy. You want to talk shop, let's stop with the BS here.

      2 replies 0 retweets 2 likes
    6. Tim Sweeney‏ @TimSweeneyEpic 4 Apr 2019
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      Replying to @Mortiel @SonOfATech and

      Homework problem: find the most recent estimate of Steam’s total revenue and divide by the most recent estimate of the number of employees at Valve.

      4 replies 0 retweets 2 likes
    7. Son of a Tech‏ @SonOfATech 4 Apr 2019
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      Replying to @TimSweeneyEpic @Mortiel and

      Epic is providing a better deal to devs. It's competition. It's good. It stops a valve monopoly. I just wanted to know about the steam friend's list integration and got my answer there. Thanks for the clarifications once again.

      1 reply 0 retweets 1 like
    8. Mortiel‏ @Mortiel 4 Apr 2019
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      Replying to @SonOfATech @TimSweeneyEpic and

      Aside from being a better deal for publishers (no data yet on whether devs are seeing that), the rest is factually incorrect as I continue to explain why. But you do you, mate. Another glass of Sweeney's koolaide!

      1 reply 0 retweets 2 likes
    9. Son of a Tech‏ @SonOfATech 4 Apr 2019
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      Replying to @Mortiel @TimSweeneyEpic and

      TBH man. I was interested in the discourse and found it constructive at first. But you are just being condescending at this point. GL on your youtube channel and podcast.

      1 reply 0 retweets 1 like
    10. Mortiel‏ @Mortiel 4 Apr 2019
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      Replying to @SonOfATech @TimSweeneyEpic and

      Condescending? No. Defensive? Definitely. You and your friend are the ones pooh-poohing someone trying to bring clarity to what is clearly misinformation. The conversation was no longer constructive as soon as you capitulated when a billionaire CEO jumps in the conversation.

      2 replies 0 retweets 2 likes
      Tim Sweeney‏ @TimSweeneyEpic 4 Apr 2019
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      Replying to @Mortiel @SonOfATech and

      See here for estimated Steam worldwide revenue.https://www.extremetech.com/gaming/266323-steam-earned-estimated-4-3b-2017-benefits-flow-handful-titles …

      1:03 PM - 4 Apr 2019
      • 2 Likes
      • Affray Studios 90one80
      2 replies 0 retweets 2 likes
        1. MrAngryBates‏ @MrAngryBates 4 Apr 2019
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          Replying to @TimSweeneyEpic @Mortiel and

          Source: Estimates taken from SteamSpy. Made up by the guy, who now works for you. Lol!

          0 replies 0 retweets 4 likes
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