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Lladre posted:What? How? http://fortune.com/2017/12/23/theranos-secures-100-million-in-new-funding-from-fortress-capital/ Look at it like a Coutts loan. Fortress doesn't mess around. e: A lot of parallels with CIG in regards to this one.
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Dec 26, 2017 20:33
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C-Bangin' it 
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Regrettable posted:FTR basically already did this and it was pretty funny. Link?
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Dec 26, 2017 20:37
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Colostomy Bag posted:http://fortune.com/2017/12/23/theranos-secures-100-million-in-new-funding-from-fortress-capital/ For the uninformed, what's a Coutts loan?
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Dec 26, 2017 20:37
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iospace posted:For the uninformed, what's a Coutts loan? With regards to Star Citizen: Pure hilarity!
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Dec 26, 2017 20:39
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Dec 26, 2017 20:44
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iospace posted:For the uninformed, what's a Coutts loan? Here's a damage-control article about it. With most of these articles you can assume that the facts of the case are accurate, and CIG's statements relating to those facts are completely false. https://www.pcgamesn.com/star-citizen/star-citizen-loan-coutts-and-co
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Dec 26, 2017 20:46
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Dec 26, 2017 20:47
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I don't believe the citizen has flown a Mig-21.
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Dec 26, 2017 20:48
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Veni Vidi Ameche! posted:It seems like we're in a lull, now. When is the next hilarious/tragically incompetent thing we can expect to see come from CIG? Do they survive 2018? When CIG hits holiday break, it literally doesn't start functioning again until the middle of January. The people might be back in the office Jan 2, but any productive endeavor sleepwalks for the next two weeks.
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Dec 26, 2017 20:49
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iospace posted:Link? https://www.youtube.com/watch?v=50Xh4zTCa-8
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Dec 26, 2017 20:52
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big nipples big life posted:I don't believe the citizen has
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Dec 26, 2017 20:53
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SelenicMartian posted:Speaking of deceptive version numbers, has NMS been unfucked into a Noctis-like experience?
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Dec 26, 2017 20:55
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XK posted:When CIG hits holiday break, it literally doesn't start functioning again until the middle of January. The people might be back in the office Jan 2, but any productive endeavor sleepwalks for the next two weeks. The funniest part of all this is at this level is how you prioritize things: 1) Roberts will get off a plane and his email isn't working. Take a couple days focusing on that to make sure he is happy when he gets off the plane. Present and future. You'll laugh, but this is quite common with narcissists. 2) Combine #1 with his wife. 3) It has to be a dumpster fire of morale because word spread around. Along with all the other poo poo artists and developers do to support the vision.
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Dec 26, 2017 20:57
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Sarsapariller posted:Easy answer: to Olds, what Magic Leap is peddling looks just as plausible as Oculus did a couple years ago and that took off real big and will probably define an entirely new market some day. It turns out that investors are really bad at understanding technology. Which just goes to show you exactly how blatantly fraudulent CIG must appear, that nobody's stepped in to fund them yet. Five years in and you have a boring looking space game that makes claims for features below games that have already been released. It is not exciting and the 'it will be exciting in version 3.2!' doesn't work on normal people.
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Dec 26, 2017 21:00
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Daztek posted:This December they've made more than the other years a cyberpunk goose posted:I feel strongly—as in my spiritual scam sense—that they must either be pumping the funding tracker to prime false interest in the project and bait more whales, or the ship sales are a vehicle for a laundering scheme of some kind, or both It’s beyond doubt at this point. There are no other positive indicators of demand, growth, or engagement anywhere, anywhere — the much-hyped 3.0 release is effectively unplayable at launch and Chris Roberts says expect improvements on the networking side maybe in a few months which when adjusted for his time dilation issue may mean end of 2018 or later. 2017 saw the most significant erosion in public and media opinion of the project on record. It was the year it became safe to speak of Development Hell outside of the skeptic zones and the blame for that is at Chris Roberts feet — the 3.0 one year delay after downsizing was the biggest project sell signal to date and its had plenty. The year ends with an honest-to-God highly damning lawsuit against CIG with notoriously tough lawyers on the other side of the table and more lawsuits set to break. The Crytek lawsuit surely mobilized Coutts to take their own defensive / investigative actions. The tracker is telling us we are supposed to believe that the 1+ year late gameplay free Squadron 42 vertical slice + land (protection racket) sales and now tank sales are all supposed to account for a huge Q4 upswell of confidence in the project when even these supposed positives are themselves telltale indicators of CIG’s desperation and dysfunction. It was predictable yet implausible in the extreme. Revisit just how dramatically CIG closed the distance in Q4 so that they could end the year with a confidence-reinforcing narrative for their most critical audience - existing whales. We don’t need to know how exactly the funding tracker is inaccurate to know it’s not capturing what is visible all around. If the thermometer says 90 degrees yet the glass is frosted with ice and it’s halfway buried in snow, you don’t look at the snow and say “that’s so fake because it’s baking outside.” The dishonest dealings of Chris Roberts are the heart of 3.0’s huge downsizing and delay disappointments, the Crytek lawsuit, the TOS revisions, the multiplicity of shell companies, and so much more, yet the implied veracity of the funding tracker depends entirely on the trustworthiness of a man whose untrustworthiness has set in motion the ruinations that surround the project. It tells us the tale of a miraculous year-end turnaround for a project clearly in terminal decay and there are far more reasons to distrust it than believe it. G0RF fucked around with this message at 21:13 on Dec 26, 2017 |
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Dec 26, 2017 21:01
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https://twitter.com/AbshireJW/status/945746702362869760
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Dec 26, 2017 21:03
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1 like 1 rt. Man oh man, it’s so exciting to watch CIG save PC gaming in real time you guys!
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Dec 26, 2017 21:09
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Xaerael posted:My predictions:~ Someone with better organizational skills than I should start a spreadsheet of these, and we can tally up how well individual goons did with their predictions, as well as how goons did as a group. Maybe there could be prizes.
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Dec 26, 2017 21:11
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iospace posted:For the uninformed, what's a Coutts loan? It's a long and convoluted story.
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Dec 26, 2017 21:16
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iospace posted:For the uninformed, what's a Coutts loan? Star Citizen got a payday loan from Coutts bank last year with the entirety of SQ42 and related offices/code/IP as collateral. This is normal.
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Dec 26, 2017 21:24
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iospace posted:For the uninformed, what's a Coutts loan? According to CIG I t’s just business-as-usual for a company that’s raised $175M+ to take on a new loan under terms that place the IP rights for their single player game at risk should CIG fail to repay the loan...
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Dec 26, 2017 21:25
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reignofevil posted:Spinning up multiple servers just to handle every concurrent instance of cargo spilling into empty space holy poo poo the dreams never end One word fixes all this: mesh technology I know it’s two words, but the idea doesn’t have the code behind it yet, so it’s sitting at 50% complete. Being screwed by people who lack the talent to meet the vision. :itsaliens:
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Dec 26, 2017 21:27
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Tank Boy Ken posted:I think it's okay to giveaway a Bagel Carrier.
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Dec 26, 2017 21:29
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iospace posted:I've been known to surf the forums while exploring in ED. It gives me something to do. I know a decent amount of the F1 thread participants also play Euro Truck Simulator, and a lot of them went on record that they listen to podcasts and such while playing. Mind you that game requires a bit more focus than ED but the fact remains. Audiobooks and Paradox games were made for each other.
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Dec 26, 2017 21:31
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G0RF posted:According to CIG I t’s just business-as-usual for a company that’s raised $175M+ to take on a new loan under terms that place the IP rights for their single player game at risk should CIG fail to repay the loan... Ha, back in the days people thought 3.0 would be out by August.
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Dec 26, 2017 21:37
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Saving pc gaming 1 frame at a
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Dec 26, 2017 21:46
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Drunk Theory posted:Ha, back in the days people thought 3.0 would be out by August. Of 20
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Dec 26, 2017 21:46
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G0RF posted:
I hope the funding is real. This needs to get worse. It might be real. At least real enough to continue development. There's no game, but the marketing machine is in full flower. To the layman, the website is impressive, and the buy buttons work. The concept art looks slick. The art has no guiding direction or style, but that just makes it appeal to a wider audience (anyone can find at least one ship that they like). The planned features promise everything to everyone. The shills selling the Citizen lifestyle seem happy, if you don't look too close. The released game is getting panned, even in their own forums, but it at least shows that people are engaged enough to complain. 3.0 was just enough to be a skeleton for the dreams, without delivering so much that people realize the game sucks. The "it's alpha" excuse keeps working so long as the latest version is broken, and CiG wisely keeps it broken. They've successfully appealed to nostalgic olds, who are a new and lucrative market in PC gaming. More so than young people on a budget who are careful with their entertainment dollars. For all the popular hate for Pay2Win, the biggest backers probably love the idea of buying immunity and prestige. Disinterested people will see through the scam in an instant, but there is more than enough material to suspend disbelief for someone who wants to believe. At least enough to give it a try on a whim. Even goons buy in just to admire the jank (I haven't only because I don't want my CPU to burn). When backers do get angry, they are statistically unlikely to get a refund. For an older person with a gaming PC, even the larger pledges are inconsequential. Besides, Chris might just deliver on the vision some day. 5 more years.
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Dec 26, 2017 21:50
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I missed the ED discussions but man would I enjoy thumbing through some debates on the merits of SC's travel system over ED's. You could power a small city with the spin that discussion would generate.
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Dec 26, 2017 21:51
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reddit posted:So, many of you may remember a little bet I made a while back stating that there was no way we'd see a Squadron 42 demo before Christmas, and if we did I'd bathe in Tomato Soup. 
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Dec 26, 2017 22:01
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elite's frame shift drive is cool because its super easy to overshoot with, but theres a little guide thingy that shows on the meter and you can just match your ftl speed to that, but when you get practiced with it you can freestyle with it a lil more and get places faster and it makes you feel like a pro. star citizen just seems to be flying slowly places then teleporting randomly
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Dec 26, 2017 22:01
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juggalo baby coffin posted:star citizen just seems to be flying slowly places then teleporting randomly Thankfully, you don't have glitch in order to travel to this here youtube video... https://www.youtube.com/watch?v=gGq4YEp8QUY
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Dec 26, 2017 22:07
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Bootcha posted:Thankfully, you don't have glitch in order to travel to this here youtube video... 
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Dec 26, 2017 22:10
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Daztek posted:This December they've made more than the other years I genuinely appreciate that a company based entirely on donations is able to have such a powerful and steady bottom line income. It’s like it’s fake or something but it can’t be fake.
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Dec 26, 2017 22:11
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juggalo baby coffin posted:elite's frame shift drive is cool because its super easy to overshoot with, but theres a little guide thingy that shows on the meter and you can just match your ftl speed to that, but when you get practiced with it you can freestyle with it a lil more and get places faster and it makes you feel like a pro. also it sounds like friendship drive 
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Dec 26, 2017 22:13
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Jivestream amirite
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Dec 26, 2017 22:17
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Bootcha posted:Thankfully, you don't have glitch in order to travel to this here youtube video...  Can't beat Boxing day prezzies. 
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Dec 26, 2017 22:18
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Bootcha posted:Thankfully, you don't have glitch in order to travel to this here youtube video...  
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Dec 26, 2017 22:22
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big nipples big life posted:I don't believe the citizen has flown a Mig-21. I haven't read the thread, but he may have. It's interesting that he mentioned the MiG-21UM specifically. Chances are I know the very aircraft he is talking about. It was for sale a couple years ago by an aviation museum in San Diego for about $70,000. I also know the ferry pilot who last flew it from Vermont to San Diego. It cost him his pilots license when he thought he was out of FAA radar contact over the desert and decided to goose the engines and take it super sonic. I know quite a bit about this aircraft because I seriously considered buying it in 2014. As in I ran the numbers and contacted several local A&P's. Decided against it for two reasons. One there were no one familiar with the engine around me. Two: it was nearly $5,000/hr to fly the thing. $3500/hr in fuel alone. I fly 20 - 30 hours a year usually and it would cost my wife's entire annual salary to afford to fuel the drat plane. My max budget for flying is about $20,000 a year.
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Dec 26, 2017 22:31
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https://twitter.com/RobertsSpaceInd/status/945768761977688064
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Dec 26, 2017 22:31
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