What Pachter tells gamers for free is likely radically different than what he tells the clients that pay for his analysis.For crying out loud, never quote Patcher on anything. His prognostications and opinions have proven to be completely the opposite of reality nearly 100% of the time. And his summary of how much Sony paid for Bungie being too much is absurd. No one talks about “cost per developer” in acquisitions, at least I’ve never ever heard of that. And I’m in the software industry. It’s always to do with revenue/profits and multiples that are associated with those businesses. And he left out the retention bonus, seemingly.
You can think what you want but again, these deal prices aren’t pulled out of nowhere. Whether or not there is long term wisdom in either of them (bungie and activision) is another discussion, but when it comes to trying to quote an “authority,” you could not pick a worse source. Good grief.