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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 Sakos on Monday October 09, 2023 @06:55PM (#37826485)
I don't understand how their cash burn rate is so high that a billion in revenue isn't enough to stay in the black. What are they spending so much money on?
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Re:John Riccitiello steps down as CEO of Unity after pricing... by ekianjo on Monday October 09, 2023 @07:21PM (#37826701)
Marketing and sales costs have increased tremendously
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Re:John Riccitiello steps down as CEO of Unity after pricing... by timmytokyo on Monday October 09, 2023 @09:42PM (#37827667)
They've been on a hiring spree, with a ~50% annual growth rate for the past several years [1].

[1] https://stockanalysis.com/stocks/u/employees/

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