this post was submitted on 13 Sep 2023
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This isn't even the part that's supposed to make them money. This is investor bait. They announce this and idiot investors who have no idea how this will damage Unity's userbase jump on their stocks thinking it's about to earn a lot more money. The CEO of Unity just sold 2,000 shares. He fucked both his company, the industry and his investors for a quick buck.
The CEO of Unity is also the former CEO of EA. So that tracks
This is a symptom of the casino that is the stock market. No-one cares about revenue, as long as share prices increase and they can sell before prices drop again. The result is short-term decision-making, and everyone who "matters" likes it.
ooof