Especially as a lot of these publicly traded companies aren’t video game specific companies but rather media/software conglomerates (Microsoft, Warner Bros). The C-suite and board members don’t really understand the video game market, they just see money printer.
People at the very top are unfamiliar with how any company works. In that I mean they don’t understand how to make or perform a service for a customer. They only know how to manipulate capital to their benefit and at no point does it matter what the company theoretically does at all. Make wigets or polish shoes or serve burgers, none of that matters, only their valuation and quarterly earnings report matters.
Especially as a lot of these publicly traded companies aren’t video game specific companies but rather media/software conglomerates (Microsoft, Warner Bros). The C-suite and board members don’t really understand the video game market, they just see money printer.
People at the very top are unfamiliar with how any company works. In that I mean they don’t understand how to make or perform a service for a customer. They only know how to manipulate capital to their benefit and at no point does it matter what the company theoretically does at all. Make wigets or polish shoes or serve burgers, none of that matters, only their valuation and quarterly earnings report matters.