Sega is doing well, their other games are successful enough to offset the Relic loses. If you bought Sega shares two years ago, you have doubled your money today. (it is fluctuating but you are definitely in the green).
Yes. Investing in a company trading OTC is a great idea. Anymore top notch investment advice, Fantoschmuck?
Obviously this isn't Relic but we can assume its not far off.
Lets not forget Relic won the "best places to work" in Canada 2022.
They won the 'health and well being award' in Canada for 2022.
COO Heidi Eaves won the best boss award in all of Canada for her Work/Life balance (you win this award by being favored heavily on the life side) and her 'COMPASSION DURING THE COVID-19 pandemic." whatever the fuck that means.
Now, im all for a balance but you sure as shit better be taking care of business before playing BOARD GAMES and other ridiculous bullshit you are doing at 'work' The culture at Relic needs to change if its not too late already.
Yes he was. ESG investing is DYING and the age of free money is OVERRRRRRR.
The pied piper is calling and all debts must come due.
You will see more and more of this. Companies will now have to actually produce. No more diluting shares to raise capital. No more interest free money on loans. Adult day cares will be closing and you may actually have to produce for your compensation. No one likes to see people lose jobs but no one is entitled to a job. Relic didn't feel the fire under them and coasted on the laurels of those who came before them and you the consumer being naive. You reap what you sow.
Hiring should never be based upon your race, gender or sexual preference, even if Fantoschmuck, Gunther, Wuff and others tell you differently.
Were they looking to hire the best and brightest from the school? Maybe open some new doors to meet some talented artists with a bright future? NOPE. Partnerships went out based on gender and sexual preference.
The warning signs were there, if you were willing to see them.
Just another example of how ESG investing has helped destroy something great.
Side note: To the people shitting on Nigo for putting up AE or Ami for community outreach. I am in no way a big fan of AE but to say the guy hasn't put in the work and done a great job considering the resources he has is an absolute fantoschmuck. Both of them did a TON for this community and it cannot be discounted.
Please, for your own value as a person, stop connecting the dots into a conspiracy theory: your ideology and your favorite games are not connected. CoH3 fails independently of being woke.
You are not smarter than the rest, you are not a detective, you do not even have the education, knowledge or experience to connect these dots.
You are just a guy, just like I see the "masterminds" of crypto or investors who are making predictions about crashes or rises every week, and when then 8th prediction aligns with the market that week - they go bingo, I knew it, I have it all figured out.
It all fine to shitpost on the internet, but it makes you objectively a worse person if you believe that you are actually connecting the dots about some woke investment funds ruining your games, while at the same time the "wokest" games like Fortnite, OW, TLOU2 or LoL are the market leaders of their own genres.
Its totally normal for a Canadian company to be commenting on these issues because ESG investing is not a thing. -Fantoschmuck
Not releasing unfinished games should be a basic human right.
Are you sure? Do you have proof? Please link an article or legal document. Just kidding of course.
This has been a great read all day. I have learned all sorts of new things.
Please keep it going so we can forget, for a short while, what a complete mess Coh3 is at the moment.
What I keep seeing over and over is that no matter what side of an argument people are on, they all agree Coh3 is a steaming pile of maggot infested excrement. It is the glue that binds us against our common enemy.
Please get some help. Seriously, you are pointing at the corporate reports on water usage, supporting causes, discussing carbon neutral offices, remote working, equal rights, legality of gambling, health related risks, mental health etc. I am looking at the same shit that every large company with shareholders publishers.
It is not that the investors or Sega doesn't exist, it is that you somehow adding the ends of CoH3 + Sega + Fund = Part of the woke/jewish/something plot. Linking random strings of data, glued by some podcasters. The shadowy cabal taking over or gayifying the world are incapable of drawing proper icons for abilities.
Please settle down. If this discussion is too much for you maybe you should find another topic. Acting overly emotional doesn’t make you right and I never said anything about a gay Jewish agenda.
The crux of the argument was that these IB’s (Blackrock, Vanguard,etc) hold a huge amount of power and do shape the final product, whether it is done directly or indirectly would be a question for SEGA/Relic.
It sure seems like Relic has been running more like an adult day care than an actual company looking to produce something of value. This is a combination (imo) of failure on a focal level (at relic) as well as activist investing pushing companies to hire based on quotas that have nothing to do with merit or skill. What you get is a half finished game.
ESG hasn’t always been the norm. So stop pretending companies always used to report this stuff. Allowing a multinational banking institution to set a social credit score for companies or they will be crushed is insane to me.
There's nothing spot on with cobras post. His posts are unfortunately often pretty incoherent rambling with no backup. Not all, but quite some.
Before we break it down, let's define that the main claim is that ESG (environmental, social, governance focused) investment leads to SEGA/Relic defining their products according to these values, which is the reason why the companies are not "healthy" in a classic economic way and ultimately why CoH3 is bad.
Point by point:
Two claims in here that have no backup, no source, not even a vague one claiming that's the case. For the amount of memes that are posted down below, why is there no source to the central two claims of the whole post?
Where's the analysis of how much investment firms have invested into Sega and or Relic under ESG rules? The last sentence can even be misread that BL and VG only invest according to ESG "guidelines". That's complete nonsense.
Even without data, are these claims correct? The first one we can't tell yet, but it's also only April. There's no ESG related big downfall of the economy. For the time being, this is "waiting for happening" at best.
We've indeed seen layoffs in the IT industry, but without direct relation to ESG investments.
I'll collapse this since all of this is just throwing in the point that Relic ignored "red flags" followed by a lot of memes and a link to Wikipedia about "Malinvestment", which in turn is not linked to ESG investment. It proves nothing, it's just making the post longer and fakes some data or "being informed" about the topic. I'll jump to the last bit of actual content:
Is that true? To be honest, I don't know. It's a 1,5h youtube video/podcast. You can get basic insights into goals and problems of ESG based investment in a normal article read that takes 5-10 minutes. Read a couple, get opinions from multiple people in the financial industry. These could have been linked.
Instead, here's a 1,5h video where I get the opinion of 2 people only. Why? No one is going to watch it, and even if I watch it I have the opinion of exactly 2 people. It doesn't make sense, especially since Cobra assumes that he needs to explain what a malinvestment is. Why not link more basic stuff instead?
There indeed are problems with ESG funding.
Cobra claims, but can't link any of it to Relic or SEGA with the stuff he provides. It's just rambling for rambling's sake.
Sorry I didn’t realize we had people pretending ESG investing doesn’t exist or is a “conspiracy theory”.
Here is a link directly to the THOUSANDS of data points Sega must report on their end, reported and complied by…. SEGA.