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Jeffool

Ubisoft investor wants to dethrone Ubisoft's founders so Ubisoft can lay more developers off (www.rockpapershotgun.com)

submitted 4 days ago by Jeffool to c/gamedev

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A few days old, but I didn't see it pop up at the time and it slipped by me.

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[–] 9point6 12 points 4 days ago (1 children)

Well reading the letter at face value: it seems the intent is based on the investor asserting that the current owners are delaying games to keep the share price low in order to buy up a greater percentage of the company (said owners apparently only have a 25% stake). Therefore, they're actively preventing other investors investments from growing in order to grow their share of the company on the cheap—very much against the duty of a publicly traded company.

The title makes this seem more ridiculous than it potentially is. Though it could also just be hot air from the investor

[–] [email protected] 2 points 2 days ago

No one can accuse Ubisoft of completing a game before release.