Epic Games Announces $1 Billion Funding Round

Discussion in 'Frontpage news' started by Hilbert Hagedoorn, Apr 15, 2021.

  1. Hilbert Hagedoorn

    Hilbert Hagedoorn Don Vito Corleone Staff Member

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    Shortly after it's revealed that Epic likely won't make a profit until at least 2027, Epic Games announced that it completed a $1 billion round of funding, which will allow the company to support ...

    Epic Games Announces $1 Billion Funding Round
     
  2. kakiharaFRS

    kakiharaFRS Master Guru

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    companies are really investing billions in a company that loses 100+million per year ?
    and that only exist because it was heavily funded by a chinese company aka "at a loss" by the ccp ? (tencent owns 48% of the company, ask Jack Ma who was "disappeared" for 3 months if a chinese company has "free will")
    looks like a Ponzi scheme to me
     
  3. RealNC

    RealNC Ancient Guru

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    That's what AMD was doing for like, decades? :p
     
  4. Black_ice_Spain

    Black_ice_Spain Ancient Guru

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    yeah but Intel needed AMD so anti-monopoly goverment units wouldnt hit them, call it an investment
     

  5. nicugoalkeper

    nicugoalkeper Master Guru

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    Sony is investing in Unreal Engine so yes they need to invest...
     
  6. gx-x

    gx-x Maha Guru

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    and you think Epic is going to put all that money into paying devs working on Unreal Engine, and no just waste it on their store to buy games and loose more money.
    We shall see.
     
  7. RealNC

    RealNC Ancient Guru

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    They are already getting paid. Nobody works for free at Epic or any other corporation.
     
  8. fantaskarsef

    fantaskarsef Ancient Guru

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    Store burns money.
    Unreal engine earns money.
    Company was valued at 1/3 less than a year ago, where did the 10 billion jump come from (valued at less than 20b in June)?

    Honestly, I think companies going in now just wait for the public IPO (aimed at by Epic in 2022), so that poor small cap investors see that the invested 1 billion rise in share price to probably 1.2 or something via stock prices like that.

    And that's actually a tough gamble, since those companies will want their money's worth returned with a profit eventually.
     
  9. vestibule

    vestibule Master Guru

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    So what is the main reason Unreal is losing 100M+ per year and Why?
     
  10. Venix

    Venix Ancient Guru

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    Is not unreal but the epicstore with the free games and exclusivity deals that bleeds money.
     
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  11. vestibule

    vestibule Master Guru

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    TY Buddylicious. :eek:
     
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  12. XP-200

    XP-200 Ancient Guru

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    I give Epic until 2023 and then Valve will swoop in and buy them up hook line and sinker for a song, as they hemorrhage money for the last time and no one wants them. lol
     
  13. fantaskarsef

    fantaskarsef Ancient Guru

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    While that idea is amusing, I'm seriously asking myself, with an inflow of $1 billion, they sure want something in return for their money. When's the deadline? And how harsh is it? This would be what I'd like to know. Since then you'd know how and when the sharks will smell any blood, if there is any :D
     
  14. tsunami231

    tsunami231 Ancient Guru

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    EpicFail.

    Only thing that keeps epic afloat is unreal engine, if it was not for that they would not even be able to do the things they in there store.

    The whole exclusive BS they pulling games exlusive to there store is enough for me to not like them.

    PC game should be available to ALL on ALL STORE platforms
     
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  15. fantaskarsef

    fantaskarsef Ancient Guru

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    Watched this video and it's quite easy:

    Fortnite still keeps Epic afloat. Interesting.
     

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