SmokerCraft

OK

.... what?

Saying privately held companies typically have long term visions beyond short term profits while publically traded companies dont is a huge generalization and not accurate. Its not factual. At all. Do you think Nvidia just stumbles across the next nanometer generation in chips? It takes years and decades of planning to go from 14nm to single digit nm architecture. Do you think Boeing comes up with a 787 Dreamliner through serindipity? It takes decades. Those decades long projects are laid out in an ever changing plan that protects investors - their shareholders. Buying a game from T2 does not make you an investor. It makss you a customer. Buying 50k in T2 shares makes you an investor. As an investor you wouldnt want T2 wasting your money on a KSP2 project that burned through tens of millions of dollars with almost nothing to show for it. As a customer, you're butt hurt. T2 isnt protecting you the customer, theyre protecting people that own shares in the company and expect a return on that investment.

Thats not how 'share capital' works. Or business contracts. That 100k you're referring to, that the 'owner' initially invested into the company, is probably gone. It would not be paid out to another company in the event of a failed project. That 100k investment was used to fund operations or other capital projects to get the business off the ground. The company could be worth 10 trillion dollars 10 years later and still carry the original 100k share capital investment the owner made 10 years ago on its books depending on how the investment was made, i.e. a personal loan to the company. The company could have $50 million in cash on the books to pay the costs of the failed $1M project, and also a 10 year old 100k liability from an original investment from the owner. Share Capital is one tiny piece of a balance sheet. It is not a company's only liabilty or asset. Also - the company has other protections like insurance - depending on the nature of the $1M project failure. Also - the owner doesnt have to make the original 100k investment - they could have gotten that money from a business loan - and if the business goes birds up the company could declare bankruptcy. No harm no foul to the owner. Personal assets are un touched. Yup that article does a good job explaining how an LLC works. "Piercing the corporate veil" is a legal term used when courts have already determined a company to have abused a corporate structure to commit a crime / harm others. Its rarely used by courts because companies dont typically go out of their way to commit crimes. And most companies go out of their way to not comingle personal and business assets and finaces. If a company is found guilty of a crime, but business assets and finances are separate from owners/officers/shareholders personal assets - no "piercing the corporate veil". Both conditions have to be true, along with a couple other conditons. Its very rare. Long story short, and back to my original point - an LLC is designed to protect an owner from company liabities like debt incurred from screwing up a $1M project. The owner is very likely to have zero "skin in the game", as you claimed. No more so than any other business owner. An LLC business owner is no more likely to care about why a project failed than an incorporated business owner. Or a non profit business owner. Or an owner of a 10 billion dollar publically traded company. They all have an interest in knowing why a project failed, but how they registered their business with their state isnt a consideration in that.

Maybe its different where you live, but in the US, share capital means something different. And its not required. In the US, you can get business loans, grants, crowdsource, etc. initial funding for an LLC. It doesnt have to come from the "owner". It depends on what the rest of the balance sheet looks like. If the company has issued 100k of share capital, but has 300 million of cash on hand and 2 billion in equity / net assets, why would 100k of share capital scare you off from a 1M USD contract? Unless they funded the LLC with a business loan, or to your point above, issued stock for a share of the company to another investor. In either case their are options for the "owner" in the even the company goes kaput. Options that prevent the "owner" from losing their personal assets. In the US anyway. Maybe its different where you live.

Thats literally the opposite of how LLCs work. Its in the name. Limited Liability Company. As an owner, as long as you dont mix your personal assets with your LLC assets, your liability is limited to your LLC assets. You have zero personal "skin in the game". The same is true for Inc companies. Liability is limited to your investment in the company. In either case, LLC, or Inc, those companies can be publically traded. Company founders arent going to lose their house over a failed project as much as you might like that to be true.

I threw up in my mouth reading this. They did not push through the hardships, they effed around for more than half a decade and found out. They did not being something truly great to Kerbal legacy, they barely pushed out a Science update and patch that fixes all the bugs ForScience reintroduced. They found a new low point for KSP2 legacy. You're in the same place you were in before KSP2 - a working, awesome KSP1 and no KSP2. *snip*

Tesla pre Elon, was when again?

70 employees is way, way higher than 5% of T2 workforce? Uh, no?

I dont get the purpose of this post. Wait and see.... for what? What are we waiting for exactly? Our saviors to come down from high and wave a magic wand over this game? Its 3.5 years since full game abnounced launch all the way back in 2020. Look at this broken polished turd. I'm tired of waiting. Team Nate Simpson effed around, and found out. Its that simple. This game is DONE. The vast majority of the raodmap TOAST.

LOL we'll get an announcement about an announcement after they sprint plan their announcement schedule. Freak out or dont freak out It doesnt matter dawg. [snip]

Been following since day 1. This place only became critical of the game recently. Pretty much since the ForScience! honeymoon wore off. For so, so long this place way hype train this and kapibara that... Wanna throw up in my mouth thinking about all the coddling that went on here. It was gross and y'all should be ashamed.

This forum. And Discord. And the inability of the whole KSP2 team to deliver on anything they said. But this forum, and Discord.... Anyone who said anything critical was pushed out. (an obvious exaduration... only here or Discord would anyone have to spell out generalizations and sarcasm) You all created an environment where it was OK to under achieve. I really, really despise this place.