I honestly bet ESVI just started actual, large scale development recently. Like within the last year as Starfield is wrapping up. We aren’t seeing that game until like 2026-2027 imo.
We might have actually gone from the last Space Shuttle flight (July 8, 2011) to the first noon landing since Apollo (2025-2026) before ESVI is released. Crazy.
All these companies are ran by fucking idiots that don’t understand the world or economics.
Speaking of superstonk, is there a good superstonk or wsb personalfinance lemmy community? I am subbed to the beehaw finance community, but it’s really not a tube yet and seems to be a bit more economics leaning than pure personal finance or investing.
The subs I spend a lot of time on were FIRE, financialindependence, wsb, and personal finance and I miss them lol.
Also what hasn’t been touched on very much in this thread is the increase in interest rates from the Federal Reserve. The money hose has shut off and expansionary business policy won’t work for the foreseeable future even disregarding a recession. All these internet companies have developed and grown in an essentially 0% interest rate environment that rewarded growth beyond all else. With rates increasing, investment in risky companies that may or may not grow is becoming a less attractive option when you can just buy a 5% bond and so I bet a lot of these non-profitable, growth-focused web companies are seeing liquidity dry up and are having to reach profitability to avoid bankruptcy since servicing new debt in this current interest environment is basically impossible without solid cashflow and a clear corporate vision.
This is leading to all these companies suddenly raising prices, cutting staff, choking competition, and cheaping out to try and break even instead of grow. It’s a paradigm shift.
Honestly, regarding the fewer restrictions thing, why do we still have rules against not sharing links? What’s gonna stop the community since it’s more free from authority?