this post was submitted on 22 Jun 2024
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[–] Gormadt@lemmy.blahaj.zone 1 points 5 months ago (1 children)

Honestly yeah that probably would have been the case

But if they were open about it then it probably would have gone over poorly with the shareholders and stock value by "openly planning to fail"

[–] Matt@lemdro.id 3 points 5 months ago (1 children)

Everyone already anticipates new Google services to fail. Expecting people to spend hundreds of dollars on content that is locked to a service run by a company that is known for canceling services after a couple of years was always going to fail.

Stadia was essentially just a demo of Google’s cloud capabilities. Even if Stadia was a massive success, it would still be a drop in the bucket compared to Google’s ad revenue and have no impact on stock price.