Comment by mpyne

Yeah I don't even agree with the conceit that public investment is causing companies to make bad games. You don't make 'good returns' as a video game company with bad video games, I don't care how fancy your financial engineering is. And private investors care about returns just as much as public investors do.

If anything a lot of this is on gamers for continuing to buy shitty games that they complained even at the time were shitty games.

If they'd stopped buying games the lousy companies would have folded, their investors would have eaten a loss, and the game companies that remained would care more about the investors who'd shown more of a long-term focus.