this post was submitted on 08 Aug 2026
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Technology

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[–] Airfried@piefed.social 92 points 2 weeks ago (4 children)

If anyone needed any more evidence why investor driven companies should stay out of gaming.

[–] pdxfed@lemmy.world 48 points 2 weeks ago

should stay out of gaming.

And education, health care, sports, food production, food consumption, technology, energy...Is anyone noticing a trend? This is the real Touch of Midas.

[–] greasewizard@slrpnk.net 28 points 2 weeks ago

If anyone needed any more evidence why gamers should stay away from investor driven companies.

[–] jaybone@lemmy.zip 7 points 2 weeks ago (2 children)

What should they be in control of then? That’s the default market hegemony.

We even have publicly traded utilities ffs. And of course medical care. Those would be the first places to start.

[–] LePoisson@lemmy.world 3 points 2 weeks ago

What should they be in control of then? That’s the default market hegemony

Nothing. The default market hegemony is fucked.

[–] NotMyOldRedditName@lemmy.world 3 points 2 weeks ago

Founders?

A gaming studio will likely need investors unless its a small indie shop, but it can still be founder driven vs investor driven.

[–] THB@lemmy.world 3 points 2 weeks ago

There's a lot more than gaming I wish they would stay out of

Capitalism is so fun.

[–] Visstix@lemmy.world 53 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Is this what they mean with "think of the children"? How can we monetize them?

[–] jaybone@lemmy.zip 9 points 2 weeks ago

It’s what the Epstein Class thinks about children.

[–] themurphy@lemmy.ml 42 points 2 weeks ago (1 children)

Investors are the poison of everything in every sector ever. It's never anything else but profit over insert everything else

[–] daychilde@lemmy.world 14 points 2 weeks ago

Some investment is necessary. However, the focus we have on investors in the US is indeed poison. Stock buybacks are definitely poison and do nothing but enrich billionaires.

We need money out of politics and to solve wealth inequality - not to make everyone equal, but to make the rich actually pay their fair share and make sure we have social safety nets and living wages.

[–] orclev@lemmy.world 36 points 2 weeks ago

So the company made their game marginally less shit which caused their revenue to dip very slightly and the stock markets reaction was "SELL!!!!!1!!!ONE!!!!!! THEY'RE GOING UNDER!!!". This is why we can't have nice things.

[–] nucleative@lemmy.world 13 points 2 weeks ago (2 children)

CEO is legally required to maximize shareholder returns. Replacement CEO incoming.

I guess it would be better to make Roblox a non profit but then how they gonna get in front of so many kids...?

[–] Zedstrian@sopuli.xyz 9 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Maximizing shareholder value also includes maximizing the non-tangible value of the Roblox brand (something that could be harmed by short-term cash grabs), but unfortunately many investors only think one quarter at a time.

[–] Vorticity@lemmy.world 2 points 2 weeks ago

"One quarter at a time" is being generous I think. They think microsecond to microsecond a lot of the time because that's how you carve corners off of the market.

[–] Squizzy@lemmy.world 2 points 2 weeks ago

Not necessarily. Look at apple, they could sell everything they have, land, precious metals, stock, patents and have a bumber year beyond any market history and shareholders would get massive results. The CEO can make decisions that are not immediate.

[–] razen@lemmy.world 9 points 2 weeks ago

They did good and got fucked, am i reading this right?

[–] Abyssian@lemmy.world 5 points 2 weeks ago

It seems insane that a freemium pedophile hunting ground that relies on convincing unattended kids that worthless online items are things they should go look for their parents credit cards and buy as it's primary source of income was worth over $9 billion in the first place.

[–] nullspace@lemmy.world 5 points 2 weeks ago

Doing the right thing is often the more treacherous path.

everyone knows roblox will have a successor eventually, so long term sustainability of roblox is not an investors concern