'More' is not a number. As for 'more funding', according to SC's own figures, their expenditure rate exceeds their income. Which per elementary arithmetic means less funds in the long term:
The Star Citizen Thread V10
- Thread starter Sir.Tj
- Start date
- Status
'More' is not a number. As for 'more funding', according to SC's own figures, their expenditure rate exceeds their income. Which per elementary arithmetic means less funds in the long term:
As someone who has been on this ride from 2012, I can say this. Scientology also gain new members every year, that does not mean its good to be a member. CIG is well known to do all kinds of questionable moves to keep the money train running, I’m not going to list it all here. IThey attract new players yes, however I’m not sure if those new players actually know what they are paying for. It’s like buying a lottery ticket, just around the corner is the big pot of gold.
So I’ve been out for a long time please tell me this is not in the game.
1. A full fleshed Economy as promised?
2. A living breathing universe with many many systems you can visit?
3. NPC’s walking around doing their thing, pirates, traders, truckers and so on.
4. Massive cities you can visit
5. The war with the (I forgot their name)
Or is it still just you and your ship tooling around doing silly things with your mates?
I said more funding. 2 million more than the highest ever year. Also 46 million on top by investors. CIG is financially stable for a long time. I expect crowdfunding to climb to 39 million in 2019 as more of the game expands.
800 Days Tops.
1. There is a small dynamic economy within the existing universe. It compromises of several types of goods and locations you can view here. This is maybe the first iteration of the economy in the game right now so its kind of like 1/5th of the final goal.
https://www.versemate.com/Trade/PriceTable
2. There is 1.5/5 of the one Stanton system in the game now. 1 Planet, 8 Moons, 1 City, 7 Space Stations. It is expected that a new system will be added at the end of next year. Either Nyx or Pyro.
3. NPC's are in and somewhat buggy at times but they do simulate life on the stations and in the city of Lorville. Dynamic npc activity anywhere else is missing and is still to be implemented. Mission NPC's do exist but are very lame due to the New Flight Model implementation coming in.
4. Lorville is in. It has three distinct sections you can visit and take the train to. Its absolutely massive.
[video=youtube_share;pA6P2WserfU]https://youtu.be/pA6P2WserfU[/video]
5. Will come in Squadron 42 in 2020 or 2021 as per the new roadmap for it. You can view here: https://robertsspaceindustries.com/roadmap/board/2-Squadron-42/info
This type of comparison is absurd. It is heavily damaging to any argument. So anyone likes a game is to be compared to a religious cult?
Last edited:
Who now have a seat on the table and potentially have the ability to take Chris Roberts down fairly hard - I would be surprised if any venture capitalist would put cash in without being able to wield a big stick.
Very interesting to see that it took CIG (the most transparent game developer ever) 7 months to announce this to their existing backers/customers.
I've got popcorn on order as there is the possibility that things may change dramatically in 2019. I'm personally thinking that costs and goals may be slashed and focus put on a stand-alone product that can get more money from sales. It'll also be fun seeing what the VCs take out of CIG too!
Who don't have any control but only have the influence to make CR even more accountable. CIG holds %88-90 of the shares and has total executive control. So these are the current facts. The investment was great and the transparency is to be applauded. They waited to figure everything out with 3.3 and Squadron 42s roadmap.
I am fairly confident CIG will keep the 35 mil out of the investment for the SQ42 marketing and use the other 10 to add it to their current 14 million reserves (which is highly likely at about 7 million after 2018 expenses). I really like how people are trying hard to skew reality that there are disadvantages to this situation. It is great that there is someone else with no power but influence on board. It makes the health of the board better and also adds more money to the project.
CR is much more accountable. Isn't that what was missing from the company? All sides should be more satisfied.
Well thank you for the info, we were promised that in 2014, so some progress would be expected, however with the money they received they should be much much further in the development by now.
Regarding “cult” the community of SC are behaving like a cult to thus the comparison.
No worries. I think we all want it to be further along but they still seem to lack some talent in departments and are hiring 100 more developers pushing the studio to the 600 developers line within the next year or so. Additionally, you can check their published financials here: https://cloudimperiumgames.com/blog/corporate/cfo-comment-2012-2017-financials
I am part of the community and the white knights are a diminishing minority. Nobody should throw an entire group and generalize them. It is very unfair. Life is grey. Not black and white. Majority of SC community is very friendly and also quiet salty at times too due to the lack of progress and broken promises.
Last edited:
I had posted on the VC situation not long ago.
In essence: VC investor buys shares. Investment contract has owners waive away some of their ownership rights. Milestones might result in additional shares for investor if they aren't met. Clauses about tag along and drag along as well as liquidation preference can have owner lose control even while holding nominal majority. It's just how VC investors secure their investment. It works, too, and it's very useful when trying to get rid of an investment even if the owners don't agree.
Is there any data whatsoever to support this notion?
You'll notice that it wasn't actually SC he had fun with…
No, they're not and haven't been for a very long time. They've been operating in the red for years, and while they've been handed new cash, that cash comes with obligations and contingencies that must be met or things will go south very quickly. By all accounts, that money is also limited in its application so while it notionally covers just under one year of operation, it cannot cover that because it's earmarked for other things.
So they'll still operate in the red. This is not as stable a situation as you think.
No. It's simply the standard hamburger argument: just because McD's has billions and billions served does not make it good food; just because anything gains new members every year does not make it a good thing to join.
No, those are the current interpretations. The facts are slightly different: that the investors, by virtue of the terms of how the company is run and of how the investment was made, have immense executive power — they can, in fact, shut Chris completely out of the loop and, unlike the remaining CIG reps, actually have the power to call for executive votes. They can, if the need arises, assume almost complete control over the project or demand that they be given everything.
Last edited:
Expenditure exceeding income is a reality. Having to sell off part of the company to keep it operational is also a reality. Neither situation is advantageous. The reality is that this is simply not sustainable, and unless CIG can attract substantial new income, they are in deep trouble.
My guess in 2019 and 2020 main focus is SQ 42, yes yes SINGLE PLAYER campaign (while Evil Publishers push for online services) probably also hard push for console versions..
New Publisher does not care about PU, because if they understand game development, they known its too expensive and time consuming to make as promised...
So prediction is SQ42 release in 2021, my guess its average game or even bad broken game..
PU is all the time on backburner - basically its in pre-Alfa semi-broken state forever.
Also in 2021 they may run out of money again, so if SQ42 is bad they need investment again...anyway a doubt many of new people will buy it no release...
Also lawsuit with Crytech can stop all this, but its depends on discovery process results in 2019...
The plan could well be to secure funding from SQ42 to finish(whatever that means at this stage)SC.
Sounds like a pretty big gamble from a VC,maybe we’re seeing what a very wealthy fan can do or they’ve seen the state of SQ42 and have a guaranteed hit on their hands.
Going on previous performance I’m going to plump with the hyper whale prognosis.
Sounds like a pretty big gamble from a VC,maybe we’re seeing what a very wealthy fan can do or they’ve seen the state of SQ42 and have a guaranteed hit on their hands.
Going on previous performance I’m going to plump with the hyper whale prognosis.
Everything is banking on sq42, that's where the development has been focussed since June and that's where it's focussed from here on out.
Anyone saying otherwise is lying. It's self evident anyway.
There's a number of folks earning patreon money by pumping out all this positive 'news' when there is nothing resembling a game or commercial piece of software anywhere in sight.
CM? Someone I know has recently applied and got in to the UK office. There are dozens of job openings. You can see the new listings on the job landing page. CIG is quickly becoming one of the largest devs. Getting really close to CD Projekt and others. Which is great because there is clear lack of devs in certain departments like AI, UI and others.
Come on man he was playing the game and enjoying it. This is absurd. He was playing the game and enjoying the experience within.
Last edited:
You usually leave the executive power with the guys you invested in. That's what you invest your money in, too: a good management. If you have to pull them off the management you're in the gutter already with the investment, but yes it's possible - it's kinda hard to turn around with new management though.
Where are you getting 100 new devs from, taking them up to 600?
…and that's a pretty significant problem, not just giving the standard rules of project management, but specifically given how CIG makes use of its resources. The only saving grace is how long they've had those openings… well… open — meaning they've probably managed to stay a proper size by sheer luck (and possibly worth of mouth) alone.
If that's what these VC:s thought they did with their money, this is a much bigger disaster than ever imagined. [haha]
Last edited:
- Status