| senseinobaka said: well, this is the culmination of years of bad business on sony's part. Problems like this results from SCE's "gillette business strategy" and sony's constant preception that their consumers are stupid (Rootkit). |
I can only assume the've been reading the VGChartz forums.
madskillz said:
I learned that at my bizness, madskillz.com It was featured in a New York Times article about MP3 repair - and blew my biz up like nitro. So, I do understand a wii bit about business - bidness - bizness and even got props from a guy who worked on 5 tech startups and is currently my biz consultant. Just sayin'
|
And that, dear children, is what we call pwnage.
Simple way to look at this news.
Dont look it at is from a gamers perspective. Its not writtern for gamers.
Look at it from the investors perspective, which is what its written for.
Demotruk said:
If they do that though, won't potential creditors/investors not trust sony any more, I wouldn't finance a company that handled their debt to me that way. |
Research how it works before you post. That reaction seems like the reaction of someone who doesn't like Sony to begin with.
It would be like if a subordinate cut off their own hand to cure your gangreneous one, because you adopted them from a third world country. People would say "man, that guy sure covers his bases, however, I distrust him"
You are the one who offered the possibility, could you not explain how it is done?
Surely however it is done, when the smaller company declares bankruptcy, people who financed the parent company get bad debts. Do they avoid this somehow? And if not, if people who financed the parent are not paid back, is that not a disincentive to finance a company?
A game I'm developing with some friends:
www.xnagg.com/zombieasteroids/publish.htm
It is largely a technical exercise but feedback is appreciated.
| Demotruk said: You are the one who offered the possibility, could you not explain how it is done? Surely however it is done, when the smaller company declares bankruptcy, people who financed the parent company get bad debts. Do they avoid this somehow? And if not, if people who financed the parent are not paid back, is that not a disincentive to finance a company? |
But, that is my point. I do not need to explain it, you can either look it up or assume I am right. However, you made up objections that do not exist.
How do the people who financed the parent company get bad debts when a smaller unrelated company goes bankrupt? I'm sorry if I'm offending you but it feels like a stretch.
And what is this about being paid back? Being paid back what? The parent company does not lose anything. It is on the smaller company to provide substance, if they cannot, it is on them.
The real message is "don't finance a child company that can't perform, finance the parent company instead because it will always be a win/break even situation"
Well, you could at least give me a description or a phrase that describes the practice you are talking about so that I can research it.
A game I'm developing with some friends:
www.xnagg.com/zombieasteroids/publish.htm
It is largely a technical exercise but feedback is appreciated.
What you said was that they push their debt onto a smaller company going bust, which means that the smaller company must pay back the creditor, no? And then the smaller company declares bankruptcy, which means it won't be able to pay back the creditor. Is this not correct?
It seems to me that in the end the larger company's creditor ends up with a bad debt.
A game I'm developing with some friends:
www.xnagg.com/zombieasteroids/publish.htm
It is largely a technical exercise but feedback is appreciated.
i gtg to class right now,
lookup something like traditional japanese business practices, customs or something. I'll try to help you out later.
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