Where did the 5 years of dev time go?

There is no clinching, no parry, no moving while weaving. In their recent dev round table they talk about how they didn’t realize until recently how their animation system isn’t working well for net code causing ghost punches ect, there is no logic behind damage or stamina, punch animations are 90% terrible looking and feeling, no anti cheat, half the body punches never land, only one KO animation for everyone.

My question is where did 5 years of development go? Did they not have a plan? No budget for QA? No direction? Never testing online and how that would work? Something super fishy has gone on with this development process I would love to hear the inside scoop on why this game is such a failure.