Generic Business Oriented Website

fallbacktostone wrote:i haven't read enough about all of this and i didn't know the dude was supposedly some aggressive tea party type before he got, what, 100 million in loan guarantees? but can you allow the possibility that this is RIs fault and this dude is actually horrifically optimistically stupid but not some maddoff type character? and probably just like any other failed gaming studio out there they tried to do something impossible and its made all the worse because of its overlapping with state funding? or is all this totally redundant and beside the point

The Bahhhhstin Globe wrote:“The governor is not operating in the best interest of the company by any stretch, or the taxpayers, or the state,’’ Schilling told the Providence Journal, Rhode Island’s largest newspaper. “We’re trying to save this company and we’re working 24/7. The public commentary has been as big a piece of what’s happening to us as anything out there.’’

The former baseball star also disclosed that he has invested some $50 million of his own money into 38 Studios, and he risks losing it all.

“To be clear, I’ve never taken a penny out of this company,’’ Schilling told the newspaper. “If this company fails, I will be financially devastated, and so will other people.’’

Pisscubes wrote:The story gets more bizarre. Apparently he put down 5 million in gold coins as collatoral on a DIFFERENT loan from a bank in RI in February for an undisclosed amount-- the day after KOA was released.

Zap Rowsdower wrote:My biggest WTF?!? is how someone with ZERO business acumen thought he could enter a declining industry that is almost monopolistic outside of the emerging mobile gaming sector.

Pisscubes wrote:Schilling is a blow-hard ego-maniac

SCHILLING: It was a passion. I had to do something I had a passion for because I want to be the best in the world at it. I wanted to create a multibillion dollar company that lets me go out and let us go out and change the world and create a Skin Cancer Awareness Center that costs a quarter a billion dollars.

The Bill Gates kind of things, that was the initiative to founding this company and taking people with me along the way. Like I said we're at 400 people, incredibly talented, passionate people. It's kind of opening day on career number two.

HANNITY: I met a guy who helped found the company that does Guitar Hero, Rock Band, all those other games. A lot of smart people put together games that people want. Now, they become rich and then we're going punish them.

SCHILLING: That's a whole different -- like I said, everything is backwards right now from a successful business perspective. Small businesses are a massive part of the engine that drives this country.

When you have -- there needs to be a large broad sweeping restructuring of how people are incentivised to create jobs. Like I said, every dollar I can't commit to my company that's paid in taxes is paying a government that I believe is too big and doing way too much that I don't want done.

The 2010 financing deal requires 38 Studios to pay for the audit.

Pisscubes wrote:The state should have recognized immediately this was a bad idea when no private investors wanted a part of it and should have done enough research to figure out 75 million really probably WON'T get you an MMO with development, marketing, servers, etc.

Like I said, every dollar I can't commit to my company that's paid in taxes is paying a government that I believe is too big and doing way too much that I don't want done.

Pisscubes wrote:

Necrophilic Mallard wrote:You aren't going to be opening a quarter billion dollar skin cancer awareness center by staying small and profitable...

I don't even really understand what a skin cancer awarness center is.

Wikipedia, in an attempt to make you weep into your Corn Flakes, wrote:Throughout his career, Williams made countless bedside visits to children being treated for cancer, which Williams insisted on going unreported. Often, parents of sick children would learn at check-out time that "Mr. Williams has taken care of your bill."

F. Murray Sandyclam wrote:Would people really dislike an athlete who simply played hard and didn't bother anyone else?

Cryptoplasty wrote:It's amazing that celebrities continue to convice people they actually care by starting charities. I would assume most people have figured out that they do these things purely for publicity.

Pisscubes wrote:The whole branding thing is a great way to get idiots to think you're a SERIOUS BUSINESS MAN.

I know someone who wandered into a job as a SOCIAL MEDIA EXPERT-- a good paying one-- by conivncing them in the interview he would be BRANDING them and making them a BRAND with their WEB PRESENCE.

He started a facebook page and a twitter account and that was about it.

krudmonk wrote:Way to miss the point, angry goth man.