The problem is that the actual costs of doing business vastly outscales the business revenues, and that all the money they bring in just turns into an ever-increasing mound of liabilities rather than anything that could at some point be counted as profits.
As many a start-up will attest, profit is irrelevant if you can build your business valuation to become a $1B+ unicorn takeover target. In fact many unicorns had huge losses before their buy-outs.
While all my posts this evening have been tongue-in-cheek, mark my words, the current thinking in CIG, especially from the likes of Freyermuth and the new investors, is to build the valuation up to $1B, then $2B if possible. And that might happen if the current rate of backer income continues and leads eventually to a decent game release. It will then be a matter for history to record that given enough money, and regardless of the wastage and incompetence, a games company can eventually release a decent game and become an industry powerhouse. And a side effect might be one man, the 75% shareholder, becoming a billionaire.
![[VR] Merkir](https://d2aefvhu2f0gi9.cloudfront.net/data/avatars/m/141/141091.jpg?1553527154){kind=avatar}
