There's been a lot of hand wringing going on because of what the cost outlook is for game development for the next set of platforms. I think there's a growing feeling that in order to build and launch a game you're going to have to start at the $20 million mark - $10 million to build the game and $10 to launch it with a big splash. In order to be able to make any money on that kind of investment, you either have to assume some substantial unit numbers, which are hard to do in the first year or two of a platform's existence, or you've got to raise prices. |
There's no doubt about the fact he took those steps. What is in question, however, is Mr. Summers' allegation, wrapped up in innuendo and hearsay, that those steps were necessary, |
There's no question that in 2002 and 2003 that a lot of investment went to later-stage companies because they entailed much less risk. |
There's no wound deeper than a pen can give, It makes men living dead, and dead men live |
There's no wound deeper than a pen can give, It makes men living dead, and dead men live |
They are showing they are quite intransigent and showing they are going to be very difficult. |
They tried and that is all you can ask. It's disappointing and they were disappointed, but the one thing I've always liked about this group is they are fighters and they don't quit. They didn't quit, and I was proud of that. |
They've all been practicing together, working hard together, and I think for the first time in a long time we have a team, not just individuals. |
This is not about technology. It's about fun. |
This isn't about spreading capitalism, this is about spreading monopolization. |
This was inevitable and worse could come. We must be prepared for that. |
Up until now, the primary users of PlayStation 2 and the Xbox were guys over 20 years old, |
VC firms have historically done much better than the public market. It's the nature of high-growth capital. The participation is active and the business plans are reviewed more carefully. |
Wal-Mart wants to cut out the banks and become the middle man, so that they profit from the cash that flows in and out of Wal-Mart... and then go build more Wal-Marts. |
We are treating it like a big deal. We have fought hard to establish credibility in the enterprise so we're taking a very aggressive approach in addressing this. |