www.ign.com/articles/sub...
www.ign.com/articles/sub...
For comparison: Sony bought Insomniac Games in 2019 for $229m. EA bought Respawn in 2017 for $455m.
2021 sure was wild
For comparison: Sony bought Insomniac Games in 2019 for $229m. EA bought Respawn in 2017 for $455m.
2021 sure was wild
Used in a sentence, "Krafton is going to have to pay the maximum earnout of $250MM to Unknown Worlds, because of the high performance of Subnautica 2 and the low performance of the Krafton CEO's use of ChatGPT to avoid paying it."
Used in a sentence, "Krafton is going to have to pay the maximum earnout of $250MM to Unknown Worlds, because of the high performance of Subnautica 2 and the low performance of the Krafton CEO's use of ChatGPT to avoid paying it."
contract said 'pay 250million if you hit targets'
they were on track to hit it
company fired them all, forced delay on shipment to miss target
contract said 'pay 250million if you hit targets'
they were on track to hit it
company fired them all, forced delay on shipment to miss target
A wild story gets even wilder: www.bloomberg.com/news/article...
A wild story gets even wilder: www.bloomberg.com/news/article...
I have thoughts about what this extrication deal might be (waive the earnout, dismiss any countersuits, Krafton doesn’t get a dime)… and if so, a good deal for Krafton.
I have thoughts about what this extrication deal might be (waive the earnout, dismiss any countersuits, Krafton doesn’t get a dime)… and if so, a good deal for Krafton.
- Krafton has agreed to extend the bonus earnout period for Unknown Worlds employees to account for the delay
- The founders have filed a lawsuit for breach of contract
- Complaint is still sealed (but more to come soon)
www.bloomberg.com/news/article...
- Krafton has agreed to extend the bonus earnout period for Unknown Worlds employees to account for the delay
- The founders have filed a lawsuit for breach of contract
- Complaint is still sealed (but more to come soon)
www.bloomberg.com/news/article...
A filing accuses Krafton's CEO of organising a "special task force" to execute a takeover.
He was also accused of asking ChatGPT to “help him brainstorm ways to avoid paying the earnout.”
A filing accuses Krafton's CEO of organising a "special task force" to execute a takeover.
He was also accused of asking ChatGPT to “help him brainstorm ways to avoid paying the earnout.”
Great legal writing tip.
Great legal writing tip.