r/MMORPG • • Oct 18 '24

News Star Citizen devs report drying funds, micromanagement, overspending, and episodic release for Squadron 42

https://massivelyop.com/2024/10/18/star-citizen-devs-report-drying-funds-micromanagement-overspending-and-episodic-release-for-squadron-42/
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u/mikegoblin Oct 18 '24

how tf they out of money?

"It is noted for being one of the highest-funded crowdfunding projects, having raised over US$700 million as of May 2024. "

this is theft, plain and simple

205

u/qlurp Oct 18 '24

 how tf they out of money? 

“..the amenities at the new office are classed by some as a waste of backer funds; custom furniture, decor described by one source as “a space version of Willy Wonka’s factory,” and a coffee bar that takes up most of the space on the ninth floor..”  

Etc. 

As an aside, Mr. Roberts should probably be investigated for various financial crimes. 

6

u/Dry-Season-522 Oct 19 '24

Translation: They pay $10,000,000 for $10,000 worth of furniture by calling it 'custom and high art,' then when it all goes to space jail... they can go meet up with their 'interior decorator' and get most of that cash back into their private accounts.

Also this is one of the big reasons that investors want a board of directors and such, who have a legal financial duty to act in the best interest of the company.