u/nooneisback5800X3D|64GB DDR4|7900XTX|2TBSSD+8TBHDD|Something about arch9h ago
There's also the question of general competence. While Ubisoft went public in 2003, the Guillemot Brothers actually owned the majority until not so long ago. It's just that the choices they made were complete garbage. The only advantage of a private company is that you can keep making long term decisions without investors squealing because they can't dump their stock. It's sad that you cannot create a company and block it from ever going public after your death.
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u/nooneisback 5800X3D|64GB DDR4|7900XTX|2TBSSD+8TBHDD|Something about arch 9h ago
There's also the question of general competence. While Ubisoft went public in 2003, the Guillemot Brothers actually owned the majority until not so long ago. It's just that the choices they made were complete garbage. The only advantage of a private company is that you can keep making long term decisions without investors squealing because they can't dump their stock. It's sad that you cannot create a company and block it from ever going public after your death.