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Derek Smart @dsmart
, 3 tweets, 1 min read Read on Twitter
No, it's not just us.

$200M

7 years

5 funded studios around the world

500 (currently 450) at one point in dev

No end in sight

The after action report

imgur.com/XVVnIRI.jpg
If that image is blurry and hard to read, as some of you have DMed me about, here is the full text.

dereksmart.com/forum/index.ph…
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More from @dsmart see all

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I just wrapped an interview over the latest Star Citizen funding fiasco which broke just before Christmas.

A bunch of these haven't aged well over the years.

Chris Roberts, 2013

imgur.com/uarM3JJ.jpg

gamesindustry.biz/articles/2013-…
HIlariously, instead of, you know, profiting on 1/5th of the sales, financials now show that he was burning through more money than he was making, essentially bankrupting the project. Hence a $46M investor bailout.

cloudimperiumgames.com/uploads/691565…
It was already a foregone conclusion (I totally called it back in 2015) that the funding chart was bs.

In fact, as I wrote in my latest blog, they burned through $32M MORE than the chart showed.

imgur.com/N7zrISx.jpg

dereksmart.com/2018/12/star-c…
Read 9 tweets
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The legal battle between @draginol and P&F over Star Control, took a very interesting (tip: litigating your case in public is NEVER a good idea. EVER) .

gamesindustry.biz/articles/2019-…
@draginol P&F, in what I can only attribute to a serious lapse in judgment, wrote a blog (some of it is a rather dubious take on what constitutes copyright infringement) explaining their view of what is going on. It's quite the read.

dogarandkazon.com/blog/2019/1/2/…
Naturally, Brad published his response to that blog, which at this point, you have to wonder if they are actually listening to their attorneys - at all.

forums.starcontrol.com/492870/at-long…
Read 18 tweets
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Just putting this here for posterity. That time when Chris Roberts again blatantly LIED to Dean over @GamesBeat

Except context to follow...

venturebeat.com/2018/12/20/sta…
@GamesBeat Aside from the fact where their financial "brochure" showed NO SUCH THING. No cash basis. No liabilities. No line item tangible expenses. No balance sheet. No audit claims.

imgur.com/LyeCvzD.jpg

cloudimperiumgames.com/blog/corporate…
Except that if you were "open" the US financials would have been made public, and then nobody would need to be doing back-of-the-napkin math.

Aside from the fact that the financials CLEARLY show that you're spending MORE than you're raising.

imgur.com/Sj7EM8K.jpg
Read 20 tweets

Related threads

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I keep hearing things at night. I stand out on the deck and I feel like I can hear things moving through the trees. It's probably just deer or something, but I can't help imagining it's something else.
I'm sure I'm making it out to be worse than it is. Are deer nocturnal? I see them out on the road sometimes, when I'm driving into town. I try not to think about it.
But last night it was worse. I heard...screams? That sounds so stupid to say but I don't know what else to call it. I was brushing my teeth and heard something out the bathroom window. I'm sure it was an animal, but my toothbrush was buzzing so I can't be sure.
Read 16 tweets
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Remember, Ted Cruz's campaign hired AggregateIQ and AggregateIQ was confirmed as assisting the Cruz campaign as recently as April of this year (if not still going at it).

Are you curious of the people comprising AggregateIQ? Here's a tweet from one of 'em i.imgur.com/Ix2TvgJ.jpg
"Ted Cruz: Hiring swastika folk that financially gain from racism."
Is that worthy of your vote?
[and, yeah, I have the code repository proving that specific person developed code utilized by Cruz]
#TX #vote #cruz #cruzcrew #ElectionDay2018
For those not wishing to click:
Read 3 tweets
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It isn't a mystery what Rudy Giuliani is up to as he travels the globe representing himself to foreign leaders as the President's "Cybersecurity Advisor".

Those foreign leaders are *PAYING* Giuliani for access to & influence over Trump and US Policy.

And Giuliani delivers.
/1
GIULIANI:
1. Became Trump's CYBERSECURITY ADVISOR in Jan '17
2. Represents himself as PRESIDENT’S ADVISOR to foreign leaders
3. Is paid by Ukrainian Gov’t for "CYBERSECURITY CONSULTING"
4. Was "instrumental" in developing U.S. CYBER POLICY

Definition of "FOREIGN AGENT" 👇:
/2
Giuliani's hustle is "Giuliani Security and Safety LLC". He and his team of ex-law enforcement "consultants" have been working around the globe for over a decade. Concerns over his conflicts-of-interests crushed Giuliani's Secretary of State dreams.
/3
washingtonpost.com/news/powerpost…
Read 49 tweets
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Sugar daddy au with a twist where Yoongi is a producer just starting out, and while he's happy he took the risk, he's struggling to make ends meet, often having to rely on his friends for help. They really don't mind since it's never anything much, food mostly, and they love him.
But Yoongi's unhappy with it, doesn't like mooching off his friends, so one night when he's been sulky after having to share Hoseok's dinner instead of buying his own again, Hobi's trying to cheer him up and jokes about how Yoongi should just become a sugar baby.
And Yoongi laughs, because that's ridiculous, he doesn't feel comfortable sharing his body for money and honestly would prefer to be the daddy if he had the money to do something like that anyway.
Read 571 tweets
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Hey so through 2018 I'm gonna do a drawing challenge where every day I add another character to a giant fight scene until it gets so giant I probably won't even be able to upload it to Twitter anymore. Here goes:
1.
2.
Read 304 tweets
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Thoughts on last week's US-China trade deal:
(1) This is a massive, seismic shift in Chinese policy.

Since the media can’t be bothered to tell the whole story, here's my take on what REALLY happened…

bloomberg.com/news/articles/…
(2) In 2016, the U.S. imported $463 billion in goods from China, but we sold them only $116 billion. That’s a $347 billion “trade deficit”, e.g. over 1/3 of a TRILLION dollars LEFT the US

Rinse and repeat for decades, and you have our current situation

thebalance.com/u-s-china-trad…
Read 48 tweets

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