1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

News Razer offers Ouya devs a new deal

Discussion in 'Article Discussion' started by Gareth Halfacree, 29 Jul 2015.

  1. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,004
    Likes Received:
    2,127
  2. David

    David Take my advice — I’m not using it.

    Joined:
    7 Apr 2009
    Posts:
    13,431
    Likes Received:
    2,325
    Yes... because when you're about to commit your company to spending (potentially) millions of pounds, due diligence isn't really necessary... :rolleyes:

    What a crock of sh!t.
     
  3. SexyHyde

    SexyHyde Member

    Joined:
    24 Jul 2009
    Posts:
    609
    Likes Received:
    11
    I think it's more to do with buy it quick before it goes belly up and your rivals get the market share on offer. Razer seem to be smart enough to realise you need the Devs, and the new deal looks to be quite good.
     
  4. ModSquid

    ModSquid Member

    Joined:
    16 Apr 2011
    Posts:
    487
    Likes Received:
    13
    1. I was under the impression that when you bought a company you bought their obligations
    2. Their new contract is "quite as bad as it sounds" since as a dev, you will only be looking to sell through Cortex (effective exclusivity) until your first 30k has been made. Okay, if you hit this figure in three weeks, you're no longer tied in, but who in their right mind isn't going to sell through one storefront until your commitments have been met? Why dilute it?
     
  5. SexyHyde

    SexyHyde Member

    Joined:
    24 Jul 2009
    Posts:
    609
    Likes Received:
    11
    I read it that cortex essentially buy stock off the devs to sell on to customers. Devs will only see further payment when that stock is exhausted.
     
  6. fix-the-spade

    fix-the-spade Well-Known Member

    Joined:
    4 Jul 2011
    Posts:
    3,734
    Likes Received:
    354
    1. When you buy the company yes, unless you can get the previous owner to agree to keep a hold of the liabilities (good luck). But what if you don't buy the company, but instead buy everything that the company owns? Then what if the old company folds?
     
  7. rollo

    rollo Well-Known Member

    Joined:
    16 May 2008
    Posts:
    7,700
    Likes Received:
    99
    Was not aware razer had brought the company. Thought they just brought the assetts in which case any deal offered is better than no cash at all. Razer where smart when they did this purchase. If the terms I've read is accurate.
     

Share This Page