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A comment on John Riccitiello steps down as CEO of Unity after pricing battle. Parent comment

Re:John Riccitiello steps down as CEO of Unity after pricing... by ethbr1 on Monday October 09, 2023 @05:24PM (#37825709)
Right now, I'd imagine Unity is more concerned about placating their investors that the company isn't going to fall off a revenue cliff.

Appointing a "developer-friendly" candidate would have caused more uncertainty.

As a temporary pick, I'd guess Whitehurst is intended to message "We realize we screwed up, but there won't be any sudden changes."

The reaffirmed guidance for current quarter is hilarious though, given any changes would play out in future time (e.g. developer flight for next project).

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Re:John Riccitiello steps down as CEO of Unity after pricing... by cojo on Monday October 09, 2023 @05:28PM (#37825750)
Agreed - the reaffirmation of guidance almost felt to me like a "seriously guys, why are we down 22% up front, you know this doesn't impact short-term revenue..." which... definitely misses the point.

It's interesting that after-hours / future trading doesn't seem to have responded positively (yet). Maybe that's just another symptom of lost trust as well.

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