Epic Games is also a private company… and they’re the posterchild for “fuck the consumer, we want a monopoly.”
It might have something to do with Epic being partly owned by Tencent and Disney, but it more likely comes down to the philosophies of their CEOs. Gabe came from a corporate shithole and runs with the diametrically-opposed view that good service = loyal customers = profit. Sweeney, not so much.
Considering the majority of stakeholders in Epic are all public companies, I disagree with this notion. Tim Sweeney owns a bit over 40%, the rest is held by:
I doubt Epic would give out the number of free games they do if they were public. Investors hate anything that takes more than a quarter to give returns.
Epic Games is also a private company… and they’re the posterchild for “fuck the consumer, we want a monopoly.”
It might have something to do with Epic being partly owned by Tencent and Disney, but it more likely comes down to the philosophies of their CEOs. Gabe came from a corporate shithole and runs with the diametrically-opposed view that good service = loyal customers = profit. Sweeney, not so much.
Considering the majority of stakeholders in Epic are all public companies, I disagree with this notion. Tim Sweeney owns a bit over 40%, the rest is held by:
Tencent Sony Disney Kirkbi (Lego)
Not very private, I say.
I doubt Epic would give out the number of free games they do if they were public. Investors hate anything that takes more than a quarter to give returns.