Game Discussions Star Citizen Discussion Thread v12

thistle

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Agony_Aunt said:
I keep hearing people (including SaltEMike in his video) suggest that the changes and announcement might be due to CIG being in financial trouble.

Prior to this I hadn't really given this much credence. I thought it was just hubris from CIG, blaming the backers, they've drank too much of their own kool aid, and thing that backers will keep giving them money no matter what they say or do (and history has tended to show this to be true).

I've thought things like, well, the funding tracker has to be at least broadly true, otherwise they would already be bankrupt. And CIG have been talking about expanding their business, new offices in Frankfurt and Manchester.

But now, i'm really starting to think this might all be a big smokescreen. CIG might be in full blown panic mode. Why did they talk about expanding their staff? Why did they have that article published aimed at the industry and investors, not the gamers, about the new office in Manchester? Could it be the financials aren't as good as they look? We know CIG has multiple companies in different countries, its possible to shuffle money around to make things look better than they are.

We know CR had to go cap in hand to Calder to get him to buy 10% of the company (and later another 4% was bought, which could have been a positive sign, that someone with board members was willing to invest more! But how much information was obscured from those board members? Were they hoodwinked?). CIG failed to notify backers about the sale/investment until after their big annual con. The sale took place before that. Were they worried about backer reactions?

What if... what if the puff piece about opening a new office, expanding the staffing, was really aimed at hyping up CIG as a growing company, one with a solid revenue stream, one worth investing in? Is CR casting around for new investors? Is he looking for another big cash injection? Is he ready to sell off another 10% or more of the company, the company backers paid to build, to another third party?

Is there something more to the choice of expanding in the UK rather than the US?

The more i think about this, the more i'm beginning to give credence to those who suggest CIG might be in financials dire straits. That all their recent actions have been designed to make CIG look good to investors, because CIG really need the money.

Just one problem, a really badly worded article blaming backers, that has generated a ton of negativity for CIG from backers, skeptics, and the gaming media. It would be impossible for any potential investors to ignore.

Did CIG just totally shoot themselves in the foot at a time when they were positioning themselves to look good to investors? They have shot themselves in the foot for sure, but how critical is it?

Or is all ok with the finances? That its just idle speculation?

If its really at the point that CR is looking for new investors, then either a) he will succeed, and we will eventually find out about it, when the file to make changes to the board of directors, which will be interesting to see how backers respond to CR selling more of the company (and how will Calder react to CR selling more of the company?) or b) they fail to get investors and CIG start downscaling and taking other actions that a company in financial trouble would take. And if this is the case, i suspect the end will come relatively quickly, because they don't have the reserves their financials would suggest, and backer confidence will quickly fade, leaving them running on gas.

If not, if all is good, then, some backers will leave, CIG will rope in new backers, and the cycle will continue, and we are in for another 10 years of alpha! And maybe i should cut back on the tinfoil!

Interesting times.
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This is a good post.

But I think it's less that they are actively in trouble financially right now, I think it's more that they NEED (as we've said before) the whale income to keep going in order to fund the scam development. And taking them at their word (I know, I know) they are suggesting the roadmap is harming their income from prospective new players ... and by extension, new whales.

But I could be wrong, it could very well be they are actively in trouble now despite the deeply disturbing whale funding behaviour.
 

TiberiusDuval

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thistle said:
This is a good post.

But I think it's less that they are actively in trouble financially right now, I think it's more that they NEED (as we've said before) the whale income to keep going in order to fund the scam development. And taking them at their word (I know, I know) they are suggesting the roadmap is harming their income from prospective new players ... and by extension, new whales.

But I could be wrong, it could very well be they are actively in trouble now despite the deeply disturbing whale funding behaviour.
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We don't know how much money they burn. All we know is what they say how much they get in. They may get in pretty big amounts, but if they spend it recklessly even big income does not help.
 

Intrepid3D

Intrepid3D
GreySix said:
Having a bit of fun in Spectrum:
View attachment 290419

... and after a few responses:

View attachment 290420
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This just shows how clueless these Youtubers are.....

Someone asked "if its true the the PU wont get any love until SQ42 is live" and he says "no this not not true.... and goes on to explain people getting upset about removing stuff from the roadmap.

He then goes to the progress view of the roadmap and points to things labelled "Star Citizen" CIG themselves have said just because a progress bar comes to an end does not mean development on said feature is complete let alone will make it in to the game.

CIG said from now on they will be working "Exclusively" on SQ42, the progress view of the roadmap is meaningless, it is not to be used as a measure of anything that will make it in to the game at any time.

....!!!!! Damn it.
 
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thistle

T
TiberiusDuval said:
We don't know how much money they burn. All we know is what they say how much they get in. They may get in pretty big amounts, but if they spend it recklessly even big income does not help.
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Yeah. Some suggestions in previous years they were in the red revenue vs spending on salaries, if it weren't for outside investments. Not a healthy position, which is quite something for a company raising the best part of half a billion USD.
 

sovapid

sovapid
Intrepid3D said:
CIG said from now on they will be working "Exclusively" on SQ42, the progress view of the roadmap is meaningless, it is not to be used as a measure of anything that will make it in to the game at any time.
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dusting off my white knight armor

this isnt true. i dunno if they have you so worked up from the tone and the coffee guy, but.....

this was announced last september, did you miss it?

first 10 minutes give enough of what is going on.

Source: https://www.youtube.com/watch?v=gHfSNCSbWbg


what is moving to "exclusively" work on sq42 is the stuff under rich tyrer. now some of the recent stuff his team has done has been interesting/changed the game.

mainly local inventory (near certain that was under him) and the related looting mechanics. and the healing stuff is someone what interesting.

but most of the stuff his team has done has been pointless/doesnt really add anything.

pushing carts around, falling down if you are standing in a ship and it turns sharply, leaning into the wind, eating and drinking...

i dont really get any game play benefit to any of that and am not really gonna miss stuff his team does if there is no associated gameplay.

and even then they say they will still move their stuff to the pu once stuff is actually working and useful. which may or may not be true.....
 
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Intrepid3D

Intrepid3D
sovapid said:
dusting off my white knight armor

this isnt true. i dunno if they have you so worked up from the tone and the coffee guy, but.....

this was announced last september, did you miss it?

first 10 minutes give enough of what is going on.

Source: https://www.youtube.com/watch?v=gHfSNCSbWbg


what is moving to "exclusively" work on sq42 is the stuff under rich tyrer. now some of the recent stuff his team has done has been interesting/changed the game.

mainly local inventory (near certain that was under him) and the related looting mechanics. and the healing stuff is someone what interesting.

but most of the stuff his team has done has been pointless/doesnt really add anything.

pushing carts around, falling down if you are standing in a ship and it turns sharply, leaning into the wind, eating and drinking...

i dont really get any game play benefit to any of that and am not really gonna miss stuff his team does if there is no associated gameplay.
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I think things have changed in the 5 months since that.
 

sovapid

sovapid
This latest road map round up even links to the video and a previous announcement from last sept.

HmMpscS.png
 

Intrepid3D

Intrepid3D
sovapid said:
this is that announcement actually happening. the first time you get to see any ramifications of it happening.
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Honestly i think the reason they gutted the roadmap in the way that they did is because its a recent decision not to focus on the PU but rather SQ42 so completely.
There just arent the rescorces for it anymore, where as on the last roadmap update it still stood as a reasonable expectation that there was.
 

n4p0l3on

N
Intrepid3D said:
Over the last few years its been a gradual reallocation of resource away from the PU (Star Citizen) to Squadron 42, now they have just said "yeah, now its all about Squadron 42"
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Gradual reallocation over the years? That's not how I remember that, I remember they would go back and forth between the 2 games as their development priority. Remember the infamous Morrow Tour demo (I'm not even sure if that was the correct name now)? I'm pretty sure around that time CIG was supposedly all hands on deck toward Sqd42.
 
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