Hello, facing this problem all the time, did full reinstalling/redownloading game, changing GPU, reinstalling drivers and DX too. Just Cause 2 starts, but nothing just logo displays with rolling arrows in bottom right corner. I have no idea what's the cause, disabled all programs at startup with msconfig, still not solved. Searched here for such case and found noting. Anyone? I didn't played this game before.
Running AMD FX-8120 cpu and MSI R9 280X GAMING 3G gpu. EDIT: adding "/failsafe" parameter to game advanced options causes it to run in window, but still not starting game. No change after using "/dxadapter=0" or both. I think it has something to do with Microsoft Visual C++ 2005 SP1 Redistributable Package (x86), game is shipped with version 8.0.56336 and this is the latest version of 2005 SP1 package. Maybe it interferes with other Visual C++ shipped with other Steam games?