Yes CIG is taking few financial risk (so what ? They should ?).
They are absolutly not wasting money, for me and a lot of others, because SC is already the main game of a lot.
Directors are nicely paid in every companies.
The product is not gold, but it is playable and good enough for me to be my main game.
No risk means that there are virtually no consequences if they fail. Zero accountability for their actions.
Something similar happens with our children´s education. When kids don’t have consequences for their actions, they feel they can do whatever they want. It doesn’t matter if they do something wrong because nothing happens. There is no punishment or action that tells the child, what you just did is unacceptable. Giving children all love and support with no consequences and boundaries leads to behavior issues. Hopefully anyone with kids can relate.
By the same token how efficient and productive do you think a company can really be when there are no consequences for failing to deliver... anything at all. How much of a break through or leading edge technology you think such a company can come up with? In a normal market situation finance sources would dry up, and the business could be terminated, if a company didn´t deliver on the promises made in exchange for that finance. This pressure in turns incentivises and motivates companies to become better at what they do, more efficient and innovate. Companies or teams that do not have the same pressure more often than not lack the rigor and discipline to excel. The same goes for the control exerted by the stock market, product reviews, regulators and investors. It is never a guarantee, but without those basic controls chances of good results usually drop dramatically.
Some individuals in a given team may have a strong work ethics and self discipline but without those external standard motivational and control mechanisms organizations tend to become less and less efficient the more time goes by. People get too confortable with the status quo if there are no consequences for their failures.
This lack of discipline and rigor gets compounded if not only there are no consequences for failure but there are even rewards involved. In the case of CIG´s directors we have Erin Roberts with a salary just increased as of end of 2020 to the tune of £292,322 (€345,000). Chris Roberts salary is probably even larger. Now add up Sandi´s just so to have an idea of the total Roberts family intake. You with me? Ok, now add the "dividends" paid out amounting to £1,007,559 (€1,200,00) also during 2020. These were paid out of backers money to the owners of which Chris Roberts has around the 80%. And that is dividends known on the UK side of the business. I would presume the US side also has a similar transaction that we are not privy to.
All that without a single product delivered yet for over 10 years. Let that sink in.
Those are the kinds of salaries and dividends of a company with a good delivery track record, with an actual product/service line released in the market and returning serious profits. Not those of a company that is still crowdfunded, that has not even yet finished what it promised to do and that vowed to use all funding received in good will into development. Not only there are no consequences for failure in CIG´s directors case, but there are even pretty significant rewards.
This situation is very rarely conducive to efficiency, innovation or break through technology and often leads to huge waste of resources. 400 million for a 10+ year grossly incomplete, unstable and buggy alpha without delivery in sight and a literal "ready when it is ready" to be exact here.
The product so far is, put bluntly, crap. CIG knows it and it will do everything in their power to avoid the usual press reviews and formal critiques even though SC is being heavily (
and seriously unethically imo) marketed as a ready/playable now thing. The fact you can enjoy it is great, but it is really neither here nor there.