oh my god, man, just tell me how much money you made, i don't care about how Toyota is using Unity to tag images or whatever
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one sort of serious note: it's neat to hear a woman at C-level talking on behalf of the company on these calls. that's super rare. but like, it simultaneously kind of doesn't mean shit, given that this guy is still in charge:https://www.gamesindustry.biz/articles/2019-06-10-unity-faces-lawsuit-as-ceo-john-riccitiello-accused-of-sexual-harassment …
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interesting thing happening where because this is their first earnings call, they seem to be more eager to answer questions with a lot of detail? no really good games biz questions asked just yet but I'm listening closely because they seem to be p forthcoming
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lol john riccitiello still hasn't gotten his PS5 yet, it's apparently stuck in shipping like everyone else's
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an investor just offered to trade him his PS5 for a 3080
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investor pointing out anecdotally that he's got a new Xbox, but his 10-year-old unlikely to stop playing Minecraft or Among Us with his friends to use the new console
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here's the actual meaty stuff. with this I think we're finally done with these for the quarter!https://www.gamesindustry.biz/articles/2020-11-12-unity-shares-first-earnings-report-following-ipo-with-usd201-million-in-q3-revenue …
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W odpowiedzi do @duckvalentine
I was reading the article and had to come and find your thread on it (it wasn't complete as I was following last night haha). I had a few Qs. Do you think it's at all worrying the losses they're posting? Can they get the runway they want/need to deliver on the long-term goals?
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W odpowiedzi do @MacASnacc
so, they've literally never turned a profit. ever. I assume their goal is to do so eventually, and I don't fully understand every aspect of their business, but their IPO went really well and they got solid investment and interest from it, so they should be fine for a while
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W odpowiedzi do @duckvalentine @MacASnacc
I think if in a year or so we're not seeing those losses start to inch closer to profits then folks might have some questions, though
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but Riccitiello does deliver a compelling argument in the earnings call for why people should care about Unity, both within games and without. There's a strong vision at the core of it, which I think is what people are buying into.
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W odpowiedzi do @duckvalentine
I see! Thanks for the insight!
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