Sound familiar?
What is it with tech company execs these days? Bungie is in deep shit and they’re pumping out bandaids, but they refuse to acknowledge and fix the real issue. In fact, Luke Smith often doubles down on his assertion that Destiny being a collection game instead of an epic space mmorpg looter shooter is the right way forward.
Snap loses Billions in the stock market and the dude in charge says, “nah, it’s cool. This is the way forward.”
Too bad hubris doesn’t translate into a quality product for the consumer.
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Your assertion is premature. Snap hasn't lost billions. Their cap is quite healthy at 23 billion+, about what it was at IPO before the run up. Your hubris is showing.