MJ12 Detachment Agent

  • 6 Posts
  • 15 Comments
Joined 11 months ago
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Cake day: May 17th, 2024

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  • Some background on Embracer.

    Their piece of shit CEO, Lars Wingefors, was in discussion with a gulf national fund on a huge $2 billion investment.

    He never got anything legally binding, but before securing the investment he went on a massive spending spree.

    The national fund got cold feet and Wingefors had to cut up all of Embracer to account for his mistake.

    You would think such a childish error would result in immediate dismissal and essentially a permanent blacklisting from executive positions (not only in the gaming industry).

    Nothing like that happened, I believe the Embracer board is full of his friends and family. He just went with it.

    This is the kind of stuff that shows that polemics around hard works and meritocracy are at least partially propaganda to keep the plebs in line.