Saber Interactive CEO thinks people are being too hard on 'naive' Embracer Group
Saber Interactive CEO thinks people are being too hard on 'naive' Embracer Group
'I think you can blame Lars for maybe being a little bit naive that this gravy train would just continue.'
So, who needs to shoulder the responsibility for Embracer's colossal failings? Some might point the finger at Embracer CEO Lars Wingefors, who earlier this year said the company would "always maximize shareholder value in any given situation."
Not Saber Interactive boss, Matthew Karch, mind you. The CEO, who recently bought back the company from Embracer, believes Wingefors is actually being unfairly maligned.
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Not mentioned in this article, but in one they linked about the sale of Saber Interactive:
Beacon co-founder Matthew Karch...noting that he will "continue to remain a large, long-term shareholder of Embracer."
He's just protecting his investment by polishing a turd.
I wish this would get pinned to the top of this thread. It really reframes every word he said in the original article. Thanks for digging and sharing.