Corsair to go all in on sim racing with plans to acquire Fanatec and help with its €70 million debt - eviltoast
  • CTDummy@lemm.ee
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    6 months ago

    Lmao wat. How the fuck does a company making gaming peripherals rack up a $70 million dollar debt? Pretty rough though, the CEO who ran it for 25 years got stood down over it so maybe he got complacent.

    • jonne@infosec.pub
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      6 months ago

      Fanatec is basically sponsoring a million different things, so that’s probably part of it. There’s only so many F1 fans you can sell a steering wheel to.

    • Dettweiler@lemmy.world
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      6 months ago

      It’s easy. You cut down the quality of your products rapidly and start being recommended against by the people that used to buy your products.

      Corsair used to be good. I enjoyed their products. However, their quality has plummeted over the past few years, and their iCue software is absolutely terrible. It will routinely crash, and completely lock up my keyboard and mouse.

      • maccentric@sh.itjust.works
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        6 months ago

        I’ve used a couple of their cases recently (4000 and 5000 series) and was pretty happy with them, they’re high quality and nice to build with. That said, iCue is trash, I just couldn’t care less about RGB.

        • tal@lemmy.today
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          6 months ago

          I haven’t built a desktop system for a few years. Last year, went to do so and discovered that virtually all parts from all vendors had RGB LEDs on the same things. I don’t mean case exteriors, but motherboards, DIMMs, etc. I dunno if it’s just Corsair.

          • maccentric@sh.itjust.works
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            6 months ago

            It’s not just Corsair, you actually would be somewhat hard pressed to build a PC without some kind of disco lights included these days.

    • derivatives_are_hard@lemmy.world
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      6 months ago

      Expand expand and expand…expand on the back of the fleeting interest in Sim racing during covid hoping sales keep climbing and people are lining up to give money any anyone who makes Sim racing gear becusee “muh…max and George and Lando muh racing online”.

      Then hope that sales climb to overcome the mountain of debt that just keeps accumulating. Couple that with already making a marginally reliable set of products in the years leading up to thr great opportunity.

      So you’re right, fucking mismanagement and short sightedness.

      Their shit can’t get any worse with corsair making it.

      For the run of the mill person who won’t spend a premium for higher quality product, it is ALWAYS a race to the bottom on price of mediocre goods. That means commoditizing everything that goes into the product becuase you can only squeeze profit from cheaper input costs when your target market won’t pay premium.

    • iAmTheTot@kbin.social
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      6 months ago

      First, you don’t need to say dollar if you use the dollar sign before the number. Second, it was euros, not dollars.

      • CTDummy@lemm.ee
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        6 months ago

        Great, neither answer the actual question I asked in jest. I appreciate the correction though, however unnecessarily curt it may be.

        • iAmTheTot@kbin.social
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          6 months ago

          Curt? Would you have preferred I elaborated more? I feel like that would have been more condescending. I did not answer your question because I did not have an answer for it.

          • CTDummy@lemm.ee
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            6 months ago

            Given your other reply I’ll give you the benefit of the doubt and assume you’re being genuine. Curt, rudely brief, emphasis on the rude. There are only a multitude of ways to correct someone politely; especially if the correction changes practically nothing about the original comment. An easy example is “hey just so you know…etc”.

            Also, I think if you’re going to reply with a correction an attempt should ideally be made to actually engage the comment rather than just driving by with a list of corrections. Also, a personal preference, avoid the list. You’re not my employer or my lecturer and those are one of the few people I’m enthusiastic to receive an unsolicited list of corrections from. Tone doesn’t travel great over text so it did come off a bit catty. Certainly wasn’t the worst I’ve been spoken to on the internet so it’s whatever.

            • iAmTheTot@kbin.social
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              6 months ago

              I’ve been told I speak to strangers in a very matter of fact kind of way. I don’t think it has anything to do with text.

              • CTDummy@lemm.ee
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                6 months ago

                That could be it but text certainly doesn’t help, since it’s difficult to convey and interpret tone. It’s a widely acknowledged issue with text based communication. I think the correction plus the to the point structure of the correction might have been it. Even just prepending a padding statements like FWIW are the social lubricant needed to ease the tone into friendly/neutral territory. That’s just my opinion, if that communication style works for you that’s fine too.