Cliffy B talks realism in investing.
By Alex Walker on March 28, 2014 at 8:00 am
Well, Cliff Bleszinski is nothing if not outspoken. The blurb for his Tumblr speaks volumes: “The brain droppings of a formerly employed videogame ninja.” Nevertheless, the man has a lot to say. He’s been around the industry long enough to earn quite a bit of cash – enough to become one of the initial investors in the Oculus Rift – and, as you’d expect, he has quite a few thoughts on the company’s recent acquisition by Facebook.
Thoughts which could principally be summarised as “this is exactly what was going to happen”. I’ll let Cliffy B explain.
“When a company raises money from venture capitalists the end game IS acquisition. While it might have been interesting for a dedicated gaming company to purchase Oculus it might have ultimately limited their potential in regards to the myriad of things that the Rift is capable of,” the founder of Epic Games wrote. “I want games, but I also want virtual tourism. PTSD treatment. End of life quality comfort care improvements. Treatment for a variety of fears. Architectural visualisation. Pilot training. Scuba training. The list simply goes on, and on, and on. Start to imagine a VR experience that’s more social where you can sit, say, in a virtual IMAX with your best friends who all live in different cities and things start getting incredibly intriguing.”
Bleszinski went on to have a further crack at Kickstarter backers, pointing out that investing through Kickstarter guarantees you a reward, not equity, and that “crowdfunding can only take you so far, especially when you’re doing something this ambitious”. Oh and, for added measure, Bleszinski also takes a massive swing at Notch.
“Notch, your cancelling Minecraft makes you look like a pouty kid who is taking his ball and going home. It’s a bratty and petty move and it saddens me greatly,” Cliffy B said in the postscript. Which isn’t an unfair description, but that’s just my opinion (and you don’t want that).