|
ManofManyAliases posted:There's got to be something better than asking for me when you wake up. Best MoMA post ever?
|
#
?
May 24, 2019 02:18
|
|
|
|
| # ? May 31, 2024 04:49 |
|
|
Mne nravitsya posted:Brief post: Depressing, but expected.
|
|
#
?
May 24, 2019 02:25
|
|
|
monkeytek posted:she called me an idiot. That's like 30% of the duty of a wife, though
|
|
#
?
May 24, 2019 02:27
|
|
|
https://twitter.com/RumRunner_82/status/1131715669232369664
|
|
#
?
May 24, 2019 02:41
|
|
|
Is that Rex guy or whatever still doing his streams where he moves the models around in the viewer and pretends he's playing a video game?
|
|
#
?
May 24, 2019 03:02
|
|
|
Pixelate posted:What's the end game for the Calders in that scenario though? 23% of some sweat-discoloured keyboards and a toxic IP doesn't sound like profit. Can you imagine how valuable that whale list will be though? Whoever gets it in the meltdown will lock it up like the NOC list in the original Mission: Impossible movie.
|
|
#
?
May 24, 2019 03:11
|
|
|
So high speed low drag they don't even know what BLUFOR means.
|
|
#
?
May 24, 2019 03:25
|
|
|
colonelwest posted:I guess I could click around and figure out what the hell he’s referring to in this weaboo word salad, but I’d like to keep my sanity. Hav posted:And for people that remember the thread from the start, "redtube". 
|
|
#
?
May 24, 2019 03:29
|
|
|
Scruffpuff posted:Is that Rex guy or whatever still doing his streams where he moves the models around in the viewer and pretends he's playing a video game? Yes and you can tell by the numbers that it's a big, big hit. https://www.twitch.tv/rexzilla/clips?filter=clips&range=7d
|
|
#
?
May 24, 2019 03:42
|
|
|
 
|
|
#
?
May 24, 2019 03:48
|
|
|
YouTube posted:Chris Roberts was simply choosing the engine he was going to use. I'm aware of nothing that was used from that concept, because it was literally purely to see if the engine could handle what he wanted to do with it. Narrator: It couldn't.
|
|
#
?
May 24, 2019 03:55
|
|
|
Sarsapariller posted:If anyone is curious what mining looks like in Star Citizen these days, here's a good video. Interesting part starts at 13 minutes in. And by interesting I mean it's as dull as watching paint dry. Watched it hoping to see something that looked passable. I guess the mechanics for it are ok? The actual action of having do this for as long as it took to find nothing would definitely make me not interested in "playing" it. I don't mind not getting an instant reward, but you should get something for your troubles. This is how stuff like micro transaction mobile games grab people. You always succeed but it's a variable success. Also the ship flies very fake. It feels like a camera moving more than anything with any amount of weight to it. Overall it looks good for like, some indie studio on a shoestring budget. For 200M and 7-8 years of development I'd be feeling pretty pissed. 
|
|
#
?
May 24, 2019 04:15
|
|
|
The Titanic posted:Watched it hoping to see something that looked passable. My god, mining in EVE feels like paradise compared to this. e: also that mining laser thing looks like a phallus to me. no_recall fucked around with this message at 04:26 on May 24, 2019 |
|
#
?
May 24, 2019 04:23
|
|
|
|
|
#
?
May 24, 2019 04:33
|
|
|
Why isn't chris Robert's releasing his game? Whatever happened to the legal issues with crytek. I demand answers. Like. Right nao. While I'm on break. At work. Waiting for answers.
|
|
#
?
May 24, 2019 05:02
|
|
|
grimcreaper posted:Why isn't chris Robert's releasing his game? Whatever happened to the legal issues with crytek. Chris Roberts defeated everyone including the Goons. Star Citizen is good. Star Citizen backers are wholesome.
|
|
#
?
May 24, 2019 05:14
|
|
|
chris roberts doesn't have a game
|
|
#
?
May 24, 2019 05:18
|
|
|
Pixelate posted:What's the end game for the Calders in that scenario though? 23% of some sweat-discoloured keyboards and a toxic IP doesn't sound like profit. I’m entirely not sure, but anything that overvalued has to be a dodge of one type or another; Chris has probably cashed out. The family trust is a vehicle for avoiding tax, but also liability for any one individual as it’s probably in the kids names. The only thing i can think of at the moment is that the Calders think they’re shorting Chris, and Chris just made his nut. Doubling the value of the company just makes me super drat suspicious because this is all unrealized liability at the moment. The value is in the product, and the product is subpar, -especially- considering that this is for SQ42, the bit of the whole product that doesn’t even touch the fleets that the whales have handed over money to build the value that they’re overestimating. The ‘marketing budget’ amount appears to be off as well. While it represents around fifth of the total cost, it doesn’t actually seem to be enough to encourage the kind of sales that they need. They’re at GTA V numbers for budget, but they won’t sell anything like the number of copies they’ll need because it’s a loving niche. Wing commander IV was the most popular game and barely made back its budget of $10 million funbucks, shifting around 350,000 copies worldwide. Prophecy was even worse at around 200,000. And they’re currently targeting this at PC owners, the smallest gaming segment. Even Elite has struggled to shift more than 3 million units across three platforms, and that’s not only an actual game, but the cost of entry is $50.
|
|
#
?
May 24, 2019 06:18
|
|
|
The Titanic posted:Watched it hoping to see something that looked passable. The mechanics are fine, in that they are the same as every other game's mining with some added "Interaction" so you can't afk the bar filling. They're not fine in the sense that they don't actually work, every part is broken and CIG doesn't bother to revisit stuff once it's out. I don't mind mining being a slog, but the opportunity-cost here is he could have spent an hour flying combat missions, or trading, and made ~100-200k easily. Instead he got barely anything, worth less than 1k credits easily. A single mining mishap from moving a bar into the red would have damaged his ship badly enough to put him in the negative. CIG is like the inverse of the micro-transaction model. You barely ever succeed and when you do it's nothing. Given that it's literally the only ship that can do it, and it's the flagship of the concept, I'd expect some serious effort put in. But, Star Citizen. They just can't lift the load they've put on themselves. Sarsapariller fucked around with this message at 06:35 on May 24, 2019 |
|
#
?
May 24, 2019 06:30
|
|
|
Aqua Seafoam Shame posted:Can you imagine how valuable that whale list will be though? Whoever gets it in the meltdown will lock it up like the NOC list in the original Mission: Impossible movie. Would that list be of any value though? I mean, most of the whales are only attached both emotionally and financially to SC because of Chris Roberts and not the game part, Miku would and does loving buy anything if he could buy 4 of it.
|
|
#
?
May 24, 2019 07:52
|
|
|
Mirificus posted:https://twitter.com/humanevil51/status/1120242924661432320 They truly only have one joke.
|
|
#
?
May 24, 2019 08:27
|
|
|
Hav posted:No, it's more that a valuation of the company at twice the money take raises the value into the realms of 'what were they thinking', and effectively increase the stake in the final reckoning. 10% of $460 Million is 46 Million. If the corporation ends up evaluated at $200 Million, the stake is 23%. I mean, these guys could really believe that it's the next gaming revolution, and that they'll realise Meeeellions from the shipping of a game that the entire installed base _owns_ already, but that's massively naive. The thing that is often forgotten about this back of the envelop valuations is that they need to be based around actual profits of the company being valuated. The usual rules of thumb for an extremely well established, leader in its market and solid business with sustainable profits into the medium/long term is that the value of the company should be around the 8-10 times annual profits (not revenue) ball park. If the company is not very established or has tons of competition and depends on extremely skilled management to survive then the valuatiaon may be taken at 2-3 times the profits, if not less. The thing with CIG is that not only the business is shaky as hell given they have placed zero products in the market so far (see dot com busts) but also do not have any profits (simplifying here to the delta between costs and sales asper their own financials) they are actually in the red. To top it up the management team is just crap aswell. There is no way in hell a proper investor would value this company at all in the first place at anything but 0 or less. If the Calder´s investment has any element of wisdom in it its returns must have been hard coded in black and white with very specific dates and amounts, irrespective of the actual eventual profit position of the company. The Calders will probably just eat into gross revenue when time is due basically just like a loan would.
|
|
#
?
May 24, 2019 08:30
|
|
|
Bofast posted:Bad + alpha = bad alpha. Did someone say bad alpaca? 
|
|
#
?
May 24, 2019 10:10
|
|
|
https://twitter.com/Lukas_Genever/status/1131871234076155904
Dementropy fucked around with this message at 13:06 on May 24, 2019 |
|
#
?
May 24, 2019 12:36
|
|
|
I hope a goon attends and applies 
|
|
#
?
May 24, 2019 13:09
|
|
|
Sandweed posted:They truly only have one joke. Two actually. Star Citizen and Squadron 42.
|
|
#
?
May 24, 2019 13:13
|
|
|
Cloud Imperium... good?
|
|
#
?
May 24, 2019 13:31
|
|
|
MedicineHut posted:The thing that is often forgotten about this back of the envelop valuations is that they need to be based around actual profits of the company being valuated. Finally - I thought I was the only person who thought this. This is less of an investment and more a gamble on extraordinarily long odds. Which makes me think one of two things happened: either the investors aren't too bright and swallowed the flavor-aid, or they're playing 4D chess against CIG.
|
|
#
?
May 24, 2019 13:52
|
|
|
There's been a lot of posts in the past where people don't think other companies or investors would get in with Star Citizen. Given the input from several people in this thread who have experience in the business and have spoken about it, I think there are plenty of people that would be duped into investing more into Star Citizen. Look at a lot of the Kickstarter successes that got more investment money because of how it seems the project/product had garnered a huge interest in the market. I can totally believe Roberts got more than one or two companies (excluding the known one) that are putting money in thinking this will be huge because CIG has accrued $250mil in "pledges". I believe businesses are dumb enough to do this.
|
|
#
?
May 24, 2019 14:34
|
|
|
Scruffpuff posted:I think this right here is the nucleus of the issue. I don't know if there's already a word for this fallacy. Chris Roberts didn't use $300m, he burned $300m and has complete poo poo to show for it. His code base is a liability, not an asset. He needs more and more and more money just to make enough money to have nothing. I think Louis C.K. did a skit about this. Shrach gave a turn on this a few posts up, that was clarifying for me: the 'development' effort is the product in Chris's mind. He's not burning money, he's producing a show with it. Part of that show is standing on the back of a yacht in the Mediterranean. shrach posted:Whether they handle it correctly or not in the US, it seems apparent that Chris considers their product to be their development. They are a services company and the service they provide is their development and some of the delivery of that product is the weekly videos. Star Citizen is done, delivered, now in after sales support. People pay Blizzard a subscription to play wow? You pay cig money and they spend it, no difference to him. Sometimes they spend it on Star Citizen, sometimes on Squadron 42.
|
|
#
?
May 24, 2019 14:46
|
|
|
ManofManyAliases posted:There's got to be something better than asking for me when you wake up. I'm glad your family is dead
|
|
#
?
May 24, 2019 15:16
|
|
|
LostMy2010Accnt posted:There's been a lot of posts in the past where people don't think other companies or investors would get in with Star Citizen. Given the input from several people in this thread who have experience in the business and have spoken about it, I think there are plenty of people that would be duped into investing more into Star Citizen. Look at a lot of the Kickstarter successes that got more investment money because of how it seems the project/product had garnered a huge interest in the market. I can totally believe Roberts got more than one or two companies (excluding the known one) that are putting money in thinking this will be huge because CIG has accrued $250mil in "pledges". I believe businesses are dumb enough to do this. The Calders are using this as a tax break when the eventual write off comes in. They probably realized a large capital gain at some point and have been actively searching for a way to remediate the tax implications. With SC they can claim the loss while probably still getting something off the back of the truck.
|
|
#
?
May 24, 2019 15:24
|
|
|
Related: glassdoor posted:
|
|
#
?
May 24, 2019 15:39
|
|
|
how many more days until full Brno kicks off into overdrive
|
|
#
?
May 24, 2019 15:41
|
|
|
TheAgent posted:how many more days until full Brno kicks off into overdrive 14 days!
|
|
#
?
May 24, 2019 15:46
|
|
|
Brno comes in July.
|
|
#
?
May 24, 2019 15:53
|
|
C-Bangin' it 
|
https://twitter.com/RobertsSpaceInd/status/1131935886789218304
|
|
#
?
May 24, 2019 15:55
|
|
|
LostMy2010Accnt posted:I believe businesses are dumb enough to do this. Very much this. Private equity firms raised about $750bn globally last year. If this Chris Roberts fella managed to raise $250m over several years with Star Citizen then maybe there is something there worth investing a few quids in. A couple millions is chump change for some of these firms anyway so I don't doubt he could handwave his way through an investor meeting or two if he was short on cash. Also I rarely post here so I got all warm and fuzzy that y'all adopted "Crobear" as the official name for the bear. (and that emote lmfao  ) The real Star Citizen was this thread all along.
|
|
#
?
May 24, 2019 15:57
|
|
|
I read Planet Coaster team. I need a drink.
|
|
#
?
May 24, 2019 16:01
|
|
|
|
| # ? May 31, 2024 04:49 |
|
|
has anyone said poo poo Citizen yet or squadron forty poo
|
|
#
?
May 24, 2019 16:05
|
|
Welcome to the