Not sure why some are riled up at flynnibus.
I definitively want to see haggis succeed, but starting up anything has risk and if a business finds itself not hitting its plans it Can definitely cause financial struggles and that is a slippery slope that can lead to trouble. They have to have a cash flow forecast…. And I assume they have raised enough capital to support that forecast. When you are starting up, you are burning cash every day and need to ramp up revenue…. If revenue delays, you go further in the hole and may need to raise more capital.
So seeing Haggis miss their own projections (by a LOT, the timing miss here is big) puts financial pressure on them. Lots of expenses to cover every week… salaries, rent, utilities, maintenance of equipment, etc. from a $ perspective, having them shrink the workforce was a smart move to preserve cash if they are not at a point to produce more (or need at this moment whatever those employees were doing). And as he mentioned in the video, plenty of other real pressure as well… freight cost going through the roof, inflation on everything, can he get the computer chips he needs (if the big car manufacturers are struggling how does a small industry like pinball work through that).
Given what was shared it’s really impossible to know when we will see fathoms….but I would guess in for a long wait. From the video sounds like they are still very much learning (again, risk), so I would expect delays and thus additional cost for Haggis).
Great news here is that they have proved they can build games and get them out the door. That is great milestone, biput I don’t know if they are making money doing it and that matters. Need to be profitable to be an on going business.
We all have different risk profiles…so for some jumping in early with risk is ok, for others, they are risk averse.. so it’s more of a purchase when they can have the product. I look forward to seeing some Haggis pinball Fathoms in the world, because the world needs more fathoms.