Comment on Microsoft addresses the huge Xbox leaks: here’s Phil Spencer’s full memo
Goronmon@kbin.social 1 year agoIn short, it could be argued that Microsoft worked with investors to tank Nintendo so they could buy it. That’s a huge deal and will probably result in a shitstorm.
I mean, Nintendo selling shares of their company is a specific decision they have made. Do you think they are confused that people other than Nintendo employees are buying these shares? Or that the investors would have an agenda other than just being "Nintendo fans"?
hesusingthespiritbomb@lemmy.world 1 year ago
Investors generally want to get a positive ROI. They don’t want to tank the company to the point where it can be acquired by another company for pennies on the dollar.
Look at Nokia. When they hired a former Microsoft exec, they weren’t expecting him to tank the entire company so it could be acquired by Microsoft.
Goronmon@kbin.social 1 year ago
The term "activist investor" exists for a reason. And nothing from that email suggests that MS was looking to "tank" Nintendo in some nefarious plot.