Beamer wrote on Feb 2, 2015, 14:05:
Good ones, and there are lots of good ones, actually come in and fix things. Have you ever seen the show The Profit? That's a boiled down version of what good ones do.
Sadly, there are also an enormous amount of fleecers.
In this case, it's hard to see immediate advantages someone would have that Sony wouldn't. The good PE firms usually take over something poorly run, or something they have a particular skill at to run better. Here? The only thing that becomes an advantage is that SOE games can now be on more platforms.
Not sure that's good enough to trust.
Yeah, pretty much every startup, or anything making an IPO is financed by private equity. There's a lot of asset strippers and milkers too, so people are right to be wary. Adding to the bad reputation, there's all the companies that have failed then private equity comes in to save it but fails again, which is the final nail and the company closes after that so the equity firm takes the blame even though they just delayed it.
PS2... I don't think anyone would say that game shows signs of good management. Good intentions, great interaction with the community, sure. But that game launched way too early, hasn't developed nearly as much as it should (lots of patches, not so much real content) and has a lot of bugs that get swatted only to reappear a few updates later.
If this is the good kind of PE, it could be the best thing to happen to PS2. The bad kind would be the worst, but at this point I'll take the gamble. I'll be watching for staff leaving though.