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Comment by dantondwa | Hacker News Reader

Unity bought other things that then they just proceeded to close a bit after. Perhaps it was just a strategy to inflate their shares. See for example ArtEngine, which I loved and they just killed after acquiring it.

Now I’m so afraid for Parsec.

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I think the acquisitions were mostly a knee-jerk reaction to Epic's actions. Some execs saw their main competitor buying all these big toys on the shelf and thought they needed to start buying things as well to stay relevant. But I think noone at Unity ever thought about what to do with them other than generating newspaper headlines. Especially buying Weta felt so much like "See?! We can do film VFX too!"

If you know John Riccitello s track record you know this is the root cause

Wow, reading up on the timeline of events it really looks like he just blew a bunch of cash trying to copy Epic's moves and then tried to boost earnings with that insane pricing change. How can somebody fumble things that badly? Especially since his record with the company isn't all bad with him getting Unity involved with Oculus/Meta, although that was a very self-serving move since he was an early investor in Oculus. Maybe that's it, just self-serving moves that occasionally benefit the company he's heading.

He was the CEO of president Bioware/Pandemic as part of a VC group he led and was invested in, went to EA, bought the company for almost 1B, laid off the people at pandemic and ran EA into the ground to the point where they fired him.

Unity will either fire him or destroy themselves as a company… he’s not exactly a sharp and savvy businessman with the nuance to master the intricacies of where profits lie in a particular niche of a particular industry … he’s the replaceable cogs at desks make business widget units and if the profits per business widget don’t look good enough then you must do something… that kinda guy…

He's already golden parachuted out of Unity, but it's not solely (or even primarily) his decisions that have driven Unity to this point. The board replaced him with another random suit to continue along this path.

Oh that’s right… i completely forgot I read about that… I suppose it’s not surprising that I forgot they changed CEO what with the fact that… once the train rolling down hill without breaks is on fire… who exactly is driving the train stops being particularly relevant… the board have been responsible for letting the train get on fire so who was CEO didn’t matter much.

Oh no I had no idea Parsec was bought by Unity.

The software saved me during the pandemic and it remains the absolute best remote software I’ve ever used.

Oof, I use Parsec daily, if they killed it I would be really bummed

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