The Unity Dumpster Fire Goes From BAD TO WORSE | Why I'm Selling $U Stock ... Again!

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👨‍💼Brian Stoffel is a writer, investor, YouTuber, and financial educator. He's a teacher at heart. Brian has been investing for over a decade and has written over 4,000 articles for The Motley Fool. Brian worked as a middle school teacher in Washington, DC for over 5 years. He and his wife had a “mini-retirement” in Costa Rica and now spent a portion of their year there in a containership home. Brian plans his life and his investments around “antifragile” principles.

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[druiz]

Great overview. I sold at $45. You saved me the trouble of looking at this again at $21. Thanks!

[michaelramsey]

No matter how good the product is, or how ascendant the industry is, it just does not pay to own companies with bad management, and Unity's management has proven themselves incompetent over and over again. Thankful I didn't buy back in, even though I was tempted. That board is just pure trash.

[plasmaarmelund]

As someone who worked there, let me tell you tell you that the company was rotten to the core. From the c-suite to the SF HQ insular gang who behaved as if they were the most important part of the company even though it was founded somewhere else. It will take years to repair all the damage done by incompetent people in management and their external reputation might be impossible to fix.

[JuliusSorensen]

It can't get much worse though😂😂A few good news and the stock usually soars like crazy - and they still have their partnership with Apple. I think I'll keep my small position as a moonshot, hoping they can turn this dumpersterfire around, because they literally have a diamond in the rough, but terrible management taking wrong decision after wrong decision

[bsmba]

everyone hating on U now and he's selling. i don't own shares but it's now looking like a buy to me down here 😅

[samuelmandel]

I really enjoyed seeing you so fired up. It shows that you are personally invested in the companies you own. And ensures my trust in you!

I would like to see you get fired up more often

[TemujinBC]

5:02 "I'm a little fired up" 😂 Fired Up Brian is BEST BRIAN

[joecoupon]

The appearance is to lower the price to it's floor so that it can only go up from there. The new boss is not the old boss.

[antwonsupamon]

Sold when you recommended it last ! Thank goodness !

[kquehdbfkswu]

Hi Brian thank you for the knowledge and updates you keep sharing. Is there any chance you can do Nio stock. Cheers.

[febe]

Looks like a good acquisition candidate to me.

[maximilianmander]

I think Unity will only be willing to really change something and listen to their community if they loose a lot of money. And that is the problem.
It feels like they are so detached from their community that they totally forgot why they were successful in the past. It were the people developing games on their engine. I think the reason why Unity didn't drop very hard by now is, that game developers still finish and publish their games, that they startet on this Engine, but after that, a lot of people will probably switch to Unreal Engine or Godot..

[geolykos]

I got 15 shares of this and thought there’s not much point selling as I’m down 65%. On the other hand, it looks like it might never turn around so might be worth the loss to invest somewhere better.

[ob_r]

What do you think of their competitor applovin? They seem to do fantastic job!

[rtorcato]

what do you guys think of Ubiquity $UI and do you think Unity could ever be bought by Adobe

[NEHARANJ]

Why to track such company and waste time

[cerendurmus]

But weren’t you guys a fan of the previous CEO? I remember he had a whole interview in a big Fool event a few years back. He was being presented as some sort of a genius.

[ToTheNines]

These guys should just focus on making the best god damn video game engine they can. Everything else is a distraction.

[thefourthnorseman]

The new CEO looks like more of the same of Riccitiello - his career history screams FORCE MONETIZATION and MOBILE OVER EVERYTHING which is exactly the opposite of what I want to see from Unity.

I sold as well. FCF going from 60M to negative 13M was the last straw. This video just gave some more conviction to that decision.

[robertmorrison]

Amazing, you pay a bunch of executives millions of dollars to sit around and run something into the ground instead of balance the budget.