The Star Citizen Thread V10

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AJW

AJW
From the SQ42 roadmap:
SC-Close-Combat.png


Because advanced-tech warfare always comes down to who can hit the other guy in the face the hardest?
 

McGlashan

McGlashan
So they're down to $14m (excluding the new marketing money), which is roughly 4 months of development, and they release an 18 month roadmap? Not that Roberts is taking the whales for granted or anything.

jmp470 said:
they have enough cash on hand to get to SQ42 Beta!
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No, they don't.
 
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Tuub t Tute

T
AJW said:
From the SQ42 roadmap:


Because advanced-tech warfare always comes down to who can hit the other guy in the face the hardest?
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All the more reason to buy that cow skull face mask, to really break the other guy's fist when he invokes the Marquess of Queensbury on yo' sorry behind!
 

Ian Skippy

Ian Skippy
AJW said:
From the SQ42 roadmap:


Because advanced-tech warfare always comes down to who can hit the other guy in the face the hardest?
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That is not really fair, AFAIK pretty much every 'high-tech FPS/RPG' has a 'punch/slash' button, whether it is CoD:IW, Mass Effect or Deus Ex. None of them made a massive deal about it but that is just SC.
 

Ian Skippy

Ian Skippy
Jacques d'Orleans said:
To say it bluntly, without the investors throwing their hat into the ring DS would have been right with CIG going out of business in late 2018/early 2019.
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A prediction that would have been correct if not for this or that is a prediction that was wrong. I predicted my team would win last match, and I would have been correct if the other team hadn't suddenly scored more goals...
 

NMS

NMS
jmp470 said:
Well financials are out, SQ42 Roadmap is out, and they have enough cash on hand to get to SQ42 Beta!

Sounds good to me..

Oh and 3.4 is solid. The servers suck, but, I've never been a fan of the PTU. Live servers are so much better.
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Excellent news. Only need to know when 3.4 goes live.
 
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AJW

AJW
Jacques d'Orleans said:
Ladies and Germs, I hereby declare the SC mental gymnastic olypmic games opened. Jeez, you gotta read this.

https://www.reddit.com/r/starcitizen/comments/a80k3b/lftc_cig_takes_outside_investment_releases/
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From there:
total company value at 500 million
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A figure, it should be noted, backed up by no evidence whatsoever. An investors estimate which can only possibly be based on potential future earnings. Of products which are still under (protracted) development. Products which have already been sold to a significant proportion of the potential market. It isn't a 'value' in any meaningful sense, it is guesswork.
 

sovapid

sovapid
AJW said:
From there:


A figure, it should be noted, backed up by no evidence whatsoever. An investors estimate which can only possibly be based on potential future earnings. Of products which are still under (protracted) development. Products which have already been sold to a significant proportion of the potential market. It isn't a 'value' in any meaningful sense, it is guesswork.
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What evidence do you need? An investor paid $46 million for 10% of the company. That gives you a valuation of $460 million.
 

Sanya V. Juutilainen

Sanya V. Juutilainen
sleutelbos said:
A prediction that would have been correct if not for this or that is a prediction that was wrong. I predicted my team would win last match, and I would have been correct if the other team hadn't suddenly scored more goals...
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The problem with DS's prediction is that people misquote it. What DS said wasn't "They'll fold in 90 days". He said "They'll fold in 90 days if nothing changes". And new types of sales (sometimes to the extreme), loans and new investors are lots of changes. To compare with your example, it would be more like saying that your team would win when you're leading 5-0 in the half-time, but then as you enter the second half you get a red card and four of your guys get injured; something changed in the situation and it's logical the other team might equalize.
 
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ianw

I
sovapid said:
What evidence do you need? An investor paid $46 million for 10% of the company. That gives you a valuation of $460 million.
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So anyone with any sense and a load of dough could swoop in now with say $260 mill and buy the whole damn thing for cash - which I'm guessing Roberts et al would go for - then they could flip it for $460 mill and be $200 mill up!

They wouldn't even have to change the chat box, do the meshing bizness nor nuffink for a cool $200 mill.

Is that how that that works?
 
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sovapid

sovapid
ianw said:
So anyone with any sense and a load of dough could swoop in now with say $260 mill and buy the whole damn thing for cash - which I'm guessing Roberts et al would go for - then they could flip it for $460 mill and be $200 mill up!

They wouldn't even have to change the chat box, do the meshing bizness nor nuffink for a cool $200 mill.

Is that how that that works?
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Yes, something is worth whatever some will pay for a thing and whatever someone will sell it for.
 

ianw

I
sovapid said:
Yes, something is worth whatever some will pay for a thing and whatever someone will sell it for.
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Cool - well I can do half of that by tomorrow lunchtime - probably - can I count on you for the other half?

This time this year we'll be millyonaires!

(well technically we already are but hey...)
 

sovapid

sovapid
AJW said:
That gives that particular investor's estimated value. Not anyone else's. Investors get their estimates wrong all the time. Want to buy some Bitcoin?
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When Marlboro invested $12.8 billion in Juul for a 35% stake, it gives Juul a valuation of $38 billion. Is Juul worth $38 billion, I dunno. But that is generally how valuation works in the normal world.


EDIT: add the 35% stake part.
 
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