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| [Jul 26, 2011, 10:33 am ET] - Share - Viewing Comments |
Dubious Quality - The Self-Evaluated Genius Of Bobby Kotick. Thanks nin.
No one seems to be noticing the incredibly obvious analogy here, which is oil. Successful oil companies, even as they pump oil from successful wells, are always conducting research into additional drilling locations, and they drill new wells, even though many of them will turn out to be dry or of almost no commercial use.
They do that because even their highest-producing wells have limited capacity.
Sure, maybe it's not limited right now, but eventually, the oil pumped from a well will start to decline. And there have to be new wells to replace that production.
That's not how Bobby Kotick does business.
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Re: Op Ed |
Jul 26, 2011, 12:38 |
Parallax Abstraction |
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| That's pretty much been my view of Kotick for years now. The short-sighted, greed ridden investors on Wall Street who only caer about the next quarter see him as a hero. But when Call of Duty and WoW run their course (and they will, make no mistake), he'll have nothing left because he fired everyone there who has the potential to make new IP for Activision. But by then, he'll have sold all his stock and cashed out, meanwhile the rest of the company and the people who actually made him all this money will suffer. The modern investment community mentality is killing innovation and long-term potential. |
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