this post was submitted on 14 Sep 2023
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Unity bosses sold stock days before development fees announcement (www.eurogamer.net)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Unity bosses sold stock days before development fees announcement::Unity executives sold thousands of shares in the weeks leading up to last night's hugely controversial announcement it …

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[–] Szymon@lemmy.ca 5 points 1 year ago

The small nosedive the stock price took agrees with your assessment. It'll get an emotional reaction from some, but decisions like this are made in the interest of the shareholder, not the consumer - this is a calculated move to generate profit. They decided that the losses of people abandoning the product will be outweighed by the profits of this new revenue steam.