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(Boston.com)   Curt Schilling does what most pitchers over 40 do: tries to get by with curveballs and junk   (boston.com) divider line 34
    More: Followup, Curt Schilling  
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1951 clicks; posted to Business » on 22 Jun 2012 at 1:31 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-06-22 01:32:06 PM  
You trying to say Jesus Christ can't hit a curveball?
 
2012-06-22 01:42:33 PM  
He was interviewed for 90 minutes on WEEI - that's probably not enough time for Curt to stop running his mouth off.

He is still trying to blame the state of Rhode Island for the collapse of 38 Studios - he still hasn't figured out that being good at World Of Warcraft and being able to schmooze people with autographed baseballs doesn't translate into being successful in the video game industry.

I wonder if we'll be seeing Mr. Small Government* campaigning for Mitt Romney or Scott Brown?

*based on every statement made by Curt Schilling on WEEI, ever, since 2004.
 
2012-06-22 02:06:47 PM  
Schilling added, "I don't have any problem with government helping entrepreneurs and businesses.

Jumping Jesus Christ on a pogo stick...hypocrisy runs no deeper or wider than that.

I feel sorry for Sox fans who have to look to this guy as a hero.
 
2012-06-22 02:15:33 PM  

H31N0US: Schilling added, "I don't have any problem with government helping entrepreneurs and businesses.

Jumping Jesus Christ on a pogo stick...hypocrisy runs no deeper or wider than that.

I feel sorry for Sox fans who have to look to this guy as a hero.


Yeah, we don't. He truly achieved Hero status as a Boston athlete, as hard as that may be to believe, bloody sock and all. He was always fairly laughable, even when he was an active player.
 
2012-06-22 02:20:36 PM  
He missed a 1.1 mil payment then, when the Gov gets concerned, he blames the Governor for his financial woes. Should the Gov NOT raise a red flag?

Claims he's on the hook for 50mil. I find that hard to swallow.
 
2012-06-22 02:35:43 PM  

Goodfella: You trying to say Jesus Christ can't hit a curveball?


Vagisil!
 
2012-06-22 02:59:52 PM  
How does a company blow through $150 million dollars in such a short amount of time, given that it did release one product that had to have made them some money?
 
2012-06-22 03:48:37 PM  
fark this guy. I have three good friends who are out of work because of him. He also owes them a month's pay, and he stopped paying for their health insurance while they were still working. So yeah, fark him.
 
2012-06-22 03:52:17 PM  
Small-government "fiscal conservative" gets a sweetheart deal signed by small-government "fiscal conservative" governor, then torpedoes the whole thing?

I'm shocked, I tell you. Shocked.
 
2012-06-22 05:40:34 PM  

Tannhauser:
Claims he's on the hook for 50mil. I find that hard to swallow.



I have no doubt that one will be debunked rather quickly. He's already been caught fabricating how much he put in to the startup, and then it was learned that the moment the Govt. check cleared, he paid himself back (i.e., he took minimal risk compared to everyone else).

I know a lot of folks who stood up for him (many of them worked for one of the companies tied to KoA:R), that is, they stood up for him up to the point where the financials started to leak and they realized that he wasn't very honest about the health of the company. They're not surprised by how this is turning out, or that he's trying to be a professional victim for his own inability to properly run a company.
 
2012-06-22 06:13:59 PM  
Why was he trying to run the company in the first place? Listen Curt, you were a great pitcher and team leader, that doesn't mean you would be good at running a company. He should have hired somebody that knew how to run a software company to run it.
 
2012-06-22 07:01:44 PM  

Tannhauser: He missed a 1.1 mil payment then, when the Gov gets concerned, he blames the Governor for his financial woes. Should the Gov NOT raise a red flag?

Claims he's on the hook for 50mil. I find that hard to swallow.


Governor was opposed to the deal from before he was elected (and the deal was made before he was elected).

This is the hazards that can result when states try to use the tax code to manipulate capitalism.
 
2012-06-22 07:20:53 PM  

Lord Jubjub:
Governor was opposed to the deal from before he was elected (and the deal was made before he was elected).

This is the hazards that can result when states try to use the tax code to manipulate capitalism.


Very true, but to be fair to RI's current administration, Schilling's company missed the payment. And about the exact same time, it was asking for more $$$.

Pretty easy decision to make after several years of tossing money down a hole.

Biggest hazard with states trying to manipulate capitalism I saw here was that Schilling's company got an insane amount of cash compared to other tech companies (many of whom are in industries less volatile as the gaming industry) because he was a sports legend and politically active. Otherwise, I can see most any other rational person pulling the plug on him.
 
2012-06-22 07:34:34 PM  

moops: - he still hasn't figured out that being good at World Of Warcraft


I think the worst part was that he thought he could come up with something better than World of Warcraft, something not even Bioware/EA and their 300 million dollars could with Star Wars, a proven IP.

And he wanted to do it based on the writings of Salvatore!?
 
Alo [TotalFark]
2012-06-22 07:44:21 PM  
What happens to all the work that was done though? The state owns it I assume. Will they sell it off? Will someone incorporate it into something they're working on, or take it over? The IP still exists and is of possible value, plus all the code that was written has its own value. If it's true (as TFA states) that it the game was supposed to launch next year, then with it fairly close to completion, where's it going? Or is it just wipe, goodbye, gone?
 
2012-06-22 08:00:52 PM  

ongbok: Why was he trying to run the company in the first place? Listen Curt, you were a great pitcher and team leader, that doesn't mean you would be good at running a company. He should have hired somebody that knew how to run a software company to run it.


He actually wasn't running the company, he was just the owner.
 
2012-06-22 08:02:59 PM  

Mike Chewbacca: fark this guy. I have three good friends who are out of work because of him. He also owes them a month's pay, and he stopped paying for their health insurance while they were still working. So yeah, fark him.


That's ignorant. I've been to Big Huge Games in Baltimore and those people had it good. Never seen a cooler or more progressive work environment. Schilling took $50 million of his money and gave it to your friends and gave them pretty nice jobs. He gambled on them and lost. Not saying it's all their fault things fell apart (by the way, Schilling blames nobody but himself), but great jobs like that are rare for a reason. Putting together a blockbuster game is difficult to pull off. Your friends are more likely to wind up back to where they were than Schilling is.
 
2012-06-22 08:07:10 PM  
Schilling said an investor "at the end" promised to write a check for $15 million to $20 million to salvage 38 Studios if the state of Rhode Island agreed to give the company $6 million in tax credits and renegotiate the loan guarantee so the investor was first in line to be repaid. "If that happened, he would come in and save the company," Schilling said. But the state refused.

Smells like bullshait to me. You don't have to pay income taxes if you don't make any money. If the credits were refundable credits then he is basically asking the state to give him $6 million more to blow on his crappy company. Only Curt Schilling would have the balls to "blame" the people who he just scammed out of $75-100 million for not spending $6 million more.
 
2012-06-22 08:29:26 PM  

Triumph: Mike Chewbacca: fark this guy. I have three good friends who are out of work because of him. He also owes them a month's pay, and he stopped paying for their health insurance while they were still working. So yeah, fark him.

That's ignorant. I've been to Big Huge Games in Baltimore and those people had it good. Never seen a cooler or more progressive work environment. Schilling took $50 million of his money and gave it to your friends and gave them pretty nice jobs. He gambled on them and lost. Not saying it's all their fault things fell apart (by the way, Schilling blames nobody but himself), but great jobs like that are rare for a reason. Putting together a blockbuster game is difficult to pull off. Your friends are more likely to wind up back to where they were than Schilling is.


No, I'm not ignorant. BHG existed before 38 Studios bought them. What you were looking at already existed before Curt Schilling got involved.

Second, IF he spent $50 million of his own money (and there's no proof that he did, and there's actual proof that he's lied about his investment in 38 Studios before), that's an investment. Investments are risky. Employment is not an investment, it's a contract with your employer. These people did not get paid for the entire month of May that they worked there. Their health insurance was canceled out from under them, and one guy's wife was 8 months pregnant. Let me rephrase this for you: Curt Schilling's company broke the law by having their employees come into work without paying them. It's illegal to do that. Really. So yeah, fark that guy.

And by the way, I have one friend from BHG and two from 38.
 
2012-06-22 09:19:05 PM  
He should just bleed on a bunch of socks and sell them to pay off his debts
 
2012-06-22 10:41:36 PM  

Mike Chewbacca: Let me rephrase this for you: Curt Schilling's company broke the law by having their employees come into work without paying them. It's illegal to do that. Really. So yeah, fark that guy.


If he broke the law, that's clearly wrong and he should be held to account for that. All I'm saying is that entrepreneurship is difficult and if it wasn't, everybody would do it. Schilling could have sat on his millions for the rest of his life, but he decided to gamble and it didn't work out. From everything I've heard him say, it doesn't sound like he set out to screw over anybody. A pro athlete who's not a great CEO? Who'd a thunk it? How can your friends say they are totally surprised by it? How naive are they? The writing was on the all when Tim Train bolted the company and went to Zynga. If they couldn't figure out they needed to be careful and prepared from that point onward, they share some of the blame for what happened to them.
 
2012-06-22 10:56:18 PM  
meathome: Tannhauser:
Claims he's on the hook for 50mil. I find that hard to swallow.


I have no doubt that one will be debunked rather quickly. He's already been caught fabricating how much he put in to the startup, and then it was learned that the moment the Govt. check cleared, he paid himself back (i.e., he took minimal risk compared to everyone else).

I know a lot of folks who stood up for him (many of them worked for one of the companies tied to KoA:R), that is, they stood up for him up to the point where the financials started to leak and they realized that he wasn't very honest about the health of the company. They're not surprised by how this is turning out, or that he's trying to be a professional victim for his own inability to properly run a company.


Conservatives sociopaths playing the victim?

OMGSAYITISNTSO!!!!
 
2012-06-22 11:00:32 PM  
meathome:

Biggest hazard with states trying to manipulate capitalism I saw here was that Schilling's company got an insane amount of cash compared to other tech companies (many of whom are in industries less volatile as the gaming industry) because he was a sports legend and politically active. Otherwise, I can see most any other rational person pulling the plug on him.


Investing requires research, prudence and managed risk. None of which happened here.

It was downright Fraud from one outgoing Republican to a media hero that campaigns and uses his status for others.

Also a textbook example of why term limits might have unintended consequences. The previous Governor had no skin in the game since his career was forceful over and he wasn't beholden to potential constituents.
 
2012-06-22 11:09:10 PM  
Triumph: Mike Chewbacca: Let me rephrase this for you: Curt Schilling's company broke the law by having their employees come into work without paying them. It's illegal to do that. Really. So yeah, fark that guy.

If he broke the law, that's clearly wrong and he should be held to account for that. All I'm saying is that entrepreneurship is difficult and if it wasn't, everybody would do it. Schilling could have sat on his millions for the rest of his life, but he decided to gamble and it didn't work out. From everything I've heard him say, it doesn't sound like he set out to screw over anybody. A pro athlete who's not a great CEO? Who'd a thunk it? How can your friends say they are totally surprised by it? How naive are they? The writing was on the all when Tim Train bolted the company and went to Zynga. If they couldn't figure out they needed to be careful and prepared from that point onward, they share some of the blame for what happened to them.


The problem is he did it with others peoples money. He shopped around for VC all over the country and was laughed out of every meeting. He then asked MA for ridiculous state backed loans, and was laughed off of Beacon Hill. RI was more then happy to gamble away 70% of their economic development fund on him for 200 lousy jobs in an apparent case of cronyism. Then Curt paid himself back, from that loan, the 4 million of his own money he had to put up to take it out. Now he;s saying he was moments away from more VC funding, when by all accounts his finances were worse then when he went shopping before, mainly from KOA under-preforming and the new debt he brought on from the purchase of BHG.

Sorry, but that's nothing to praise. Especially with the BS bootstrappiness he spews left and right, and his vitriol for Government. He used every avenue to insulate himself from risk and screw over taxpayers and calls himself a good God fearing Conservative? Sorry, but thats a sociopathic douche, and not someone to look up to.
 
2012-06-22 11:14:47 PM  
I still think his biggest mistake was trying to develop a MMO in a market that is currently saturated by MMOs -- specially as the first big project for his studio.

Reckoning doesn't really count as it was almost done when it was retooled to fit the KOA universe.
 
2012-06-23 01:49:50 AM  

Triumph: Mike Chewbacca: Let me rephrase this for you: Curt Schilling's company broke the law by having their employees come into work without paying them. It's illegal to do that. Really. So yeah, fark that guy.

If he broke the law, that's clearly wrong and he should be held to account for that. All I'm saying is that entrepreneurship is difficult and if it wasn't, everybody would do it. Schilling could have sat on his millions for the rest of his life, but he decided to gamble and it didn't work out. From everything I've heard him say, it doesn't sound like he set out to screw over anybody. A pro athlete who's not a great CEO? Who'd a thunk it? How can your friends say they are totally surprised by it? How naive are they? The writing was on the all when Tim Train bolted the company and went to Zynga. If they couldn't figure out they needed to be careful and prepared from that point onward, they share some of the blame for what happened to them.


Why SHOULDN'T they be surprised to not receive their mid-month paycheck? Why SHOULDN'T they be surprised to find out their insurance was canceled on them while they were still employed? It's one thing for a business to fail. It's another thing entirely to fark over your employees.

//brother worked at Black Isle; they still owe him a month's salary.
 
2012-06-23 01:57:28 AM  

Mike Chewbacca: Why SHOULDN'T they be surprised to not receive their mid-month paycheck? Why SHOULDN'T they be surprised to find out their insurance was canceled on them while they were still employed? It's one thing for a business to fail. It's another thing entirely to fark over your employees.


Yeah - I gotta say that's pretty bad. But what explanation came from above when he missed payroll? Sorry, it's a glitch, keep working?
 
2012-06-23 07:34:41 AM  
I love the fact that 38 Studios sold film tax credits that it didn't actually own.
 
2012-06-23 09:11:40 AM  

WhackingDay: How does a company blow through $150 million dollars in such a short amount of time, given that it did release one product that had to have made them some money?


38 Studios was in business for 7 years; they didn't release a single game until Kingdoms Of Amalur, and that one they bought more or less(came with buying Big Huge Games from THQ).

When you're employing ~400 people, paying overheard, marketing, and sinking a huge amount of cash into an MMO(that is now effectively vaporware), it's easy to see where that money went.

According to the governor of RI, 38 Studios need to have Kingdoms Of Amalur make $3 million in sales just to break even. That insane for a company's first game, never mind as a break-even point; most companies are lucky to get anywhere near that sort of sales figure. KoA didn't; it sold approximately 1.2 million copies for a gross of about $60 million dollars, most of which 38 Studios likely did not see, and what they did they pissed out the other end as soon as it came in.

For a more detailed answer, here's 38 Studios' Schedule F from their Chapter 7 filing. It's a list of all their unsecured creditors.

Triumph: Mike Chewbacca: Why SHOULDN'T they be surprised to not receive their mid-month paycheck? Why SHOULDN'T they be surprised to find out their insurance was canceled on them while they were still employed? It's one thing for a business to fail. It's another thing entirely to fark over your employees.

Yeah - I gotta say that's pretty bad. But what explanation came from above when he missed payroll? Sorry, it's a glitch, keep working?


If you want a good idea of the Kool-Aid upper management(who I have to guess ended up being a bunch of sycophantic ass-kissers) fed people, read this article from Gamasutra. It's a letter from a spouse of an ex-38 Studios employee(Gamasutra verified it). 38 Studios gave their employees a run-around for the ages.
 
2012-06-23 10:09:23 AM  
It is a tough situation and plenty of people that didn't deserve it were hurt. Truth of the matter is that this was probably a bad deal from the get go.

MMORPGs are hard to make... very, very, very hard. Next to an operating system there are few, if any, types of software that reach the difficulty and complexity of a game like this. Client, servers, databases, billing services, GM tools, development tools, chat servers, art pipelines, content workflow... the list goes on and on, and then they all have to work together. Every additional component means an exponential increase in cost and difficulty.

I think what bugs me is that players(Curt was a player) look at what professionals turn out and immediately think "I can do better," as if anyone ever intends to make a bad product. If people with years of experience and lots on industry knowledge/contacts still fail at making MMORPGs then it takes an obscene level of arrogance to think you could pull it off because you've played a couple.
 
2012-06-23 11:32:19 AM  
Close2TheEdge: I love the fact that 38 Studios sold film tax credits that it didn't actually own.

This is another big thing to come out that I don;t think a lot of people really have wrapped their head around. Gov Tax credits have been commoditized. You can buy film tax credits and resell them....

shiat is farked up and shiat.
 
2012-06-23 06:18:13 PM  

FiendishFellow05: If you want a good idea of the Kool-Aid upper management(who I have to guess ended up being a bunch of sycophantic ass-kissers) fed people, read this article from Gamasutra. It's a letter from a spouse of an ex-38 Studios employee(Gamasutra verified it). 38 Studios gave their employees a run-around for the ages.


It sounds like they made the classic mistake of not shutting down and trying to push as far as they could go, hoping to get some last-second miracle financing to keep going. What a mess.
 
2012-06-24 11:33:16 AM  

TyrantII: Close2TheEdge: I love the fact that 38 Studios sold film tax credits that it didn't actually own.

This is another big thing to come out that I don;t think a lot of people really have wrapped their head around. Gov Tax credits have been commoditized. You can buy film tax credits and resell them....

shiat is farked up and shiat.


And apparently, you can resell them even BEFORE you actually own them. Now, that's some magic economic logic right there. I'm defintely in the wrong business.
 
2012-06-25 09:08:22 AM  
Off-topic, I think...but...who was the celebrity who hired a NY writer to work for him, writer quit his day job, then the celeb/boss pretty much had the writer use writer's personal money to help fund stuff, and writer pretty much never got paid?
I think I read about it on Fark, and it's going to bug me now...
 
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