Back to collectionNo FTX Exposure, but a Worst-Case Budget
After the bankruptcy news, the studio needed to check its reassuring notice against its financial records. The exposure review ended with the same conclusion as the notice: not a cent of the studio's money was in FTX. The studio had ruled out direct exposure of its funds to FTX, while the wider industry crisis could still spread.
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After the bankruptcy news, the studio needed to check its reassuring notice against its financial records. Finance was responsible for reviewing exchange exposure item by item; management had to decide how to spend from here, even if the books were safe.
The exposure review ended with the same conclusion as the notice: not a cent of the studio's money was in FTX. That let finance give players a definite answer, but management did not return to its previous spending pace. It ordered a budget based on the worst-case scenario and asked each expense to state when it was needed and whether it could wait.
The studio had ruled out direct exposure of its funds to FTX, while the wider industry crisis could still spread. Finance's next task was to lay out the budget choices, and the team had to distinguish work essential to keeping the game running. How far to tighten spending remained open.