Game Discussions Star Citizen Discussion Thread v12
- Thread starter Yaffle
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Chris Robbers doesn't really "own" the business. He appropriated the backer money in his company shell and has a vested interest in burning that backer cash as quickly as possible - preferrably into his own and cronies' pockets. Which has probably happened by now and why the project is kinda hanging on as long as the money comes in to pay the bills. Once the current intake isn't sufficient there'll be some blaming on haters and Derek and people noth faithful enough blablabla, but the Robbers will have made their retirement plans complete by then.
See above
Not according to CIG.
I am. However this will heavily depend on how SM fares in regards to performance compared to the current system, Network team says "significant improvement" but we will have to see.
That's the "almost" in my sentence.
And reassuring about the future of CIG.Yeah, the fascinating part
??? CIG said that backers will earn money at the release of SQ42 or SC ? I've missed that crucial info...
So for you being in the red year after year and having to desperately look for an external investor, means "being almost without debt"?
Not about the games, though.
How much do you estimate the actual company's debt to be in 2021 ?
How much do you estimate the company's valuation (not sure of the financial english term) to be in 2021 ?
90 days top no ?
Are you suggesting they could mitigate their existing debt by leveraging more equity against it (as per their current valuation - and yes, that is the correct term)? I mean, how many board seats do you want the real investors to have?
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Achtschually:
1. Backers buy ships
2. CRoberts & cronies siphon through Hollywood accounting & shell companies a big chunk of might-be-profit to their personal coffers
3. CiG doesn't make profit, so won't pay taxes either
How much do you estimate the actual company's debt to be in 2021 ?
What is the actual company?
Its currently operating as both. Surviving on donations but profiting from it.
That would require a self-proclaimed transparent company to be, well, transparent.
That said, their current debt (which, need I remind you, even you admitted exists), doesn't magically disappear based on a valuation. If the value of my company (shell companies included) increases, you can make a safe bet that my creditors want what they are owed.
On top of that, it has no bearing on CIG's ability to generate revenue from post-release sales to offset the cost of development. Saying "it's already covered" is like admitting the project is an eternal money pit, which...hmmm.
EDIT:
If CIG are operating close to or into the red year-over-year (minus injections from investors to stay afloat), how would you expect them to pull off Squadron 42 Chapters 2 and 3? Actors (especially the names used for Chapter 1) are not cheap. Neither is mocap. They will need a boost of funding from somewhere, and if post-release sales do not cover it, what happens? More debt? An equity loan against their assets and valuation? Then you're right back to operating (further) in the red.
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I am not sure what you are talking about now. You mentioned "being almost without debt since 2012" in the context of the sustainability of CIG's business. I pointed out that they were losing money for years (to be precise, between 2015 and 2019, inclusively) and wondered where you took your debt-free claim from. The situation was definitely not sustainable and the only thing that saved the company was the double combo of Calders + Corona.
As a long-time business owner you surely know that there is a difference between having a negative net position, being in debt and being unprofitable. In particular, having a positive net position is not the same as not having debts.
As to the valuation, I am not sure how it is important. In this crazy world of VC bubbles, companies valued in billions of dollars can be completely unsustainable.
Ok. Hope they weren't faking any of those bits then
Yeah. On one hand they say stuff like:
But they also note in the same Q&A that the new systems may bring their own issues:
So there'll be teething problems most likely. But should get server tick up overall ideally, allowing more AI stuff.
The lurking issues are going to be:
- There's a lot more they want to add (Quanta complexity, larger ship battles, increased player counts to utilise the headroom etc), which will up the demands on the systems again.
- As the tick rate goes up, so will these issues around bandwidth usage (presumably with performance impacts).
It's gonna be a long old windy road...
Camural is sad. The roadmap has been < 50% accurate over the last year. And feels more like a marketing tool...
Source: https://www.youtube.com/watch?v=BDPn_ocdU4c
Quanta is complete nollocks. The other stuff is already enough to tax the networking stuff. FD has tick rates of weeks or days for the BGS and states. and they're not fully dynamic. Eve doesn't have a background sim and is fueled by player driven market, I believe. A company that didn't figure out what game to make for over a decade, who can't come up with a scalable network solution and can't manage to release another new region of their world - how are they supposed to design an economic sim / NPC AI that allows real-time sim of bg tasks without impeding the bandwith? I don't think that stuff is viable real time. You could have offline bg server calculate and inject states periodically while the players play on a static snapshot, without much bandwith and computation bottlenecks. Kinda like ED does it.Ok. Hope they weren't faking any of those bits then
Yeah. On one hand they say stuff like:
But they also note in the same Q&A that the new systems may bring their own issues:
So there'll be teething problems most likely. But should get server tick up overall ideally, allowing more AI stuff.
The lurking issues are going to be:
- There's a lot more they want to add (Quanta complexity, larger ship battles, increased player counts to utilise the headroom etc), which will up the demands on the systems again.
- As the tick rate goes up, so will these issues around bandwidth usage (presumably with performance impacts).
It's gonna be a long old windy road...