So after reading Patrick's piece on Skullgirls, I decided to check out indiegogo. Something that quickly caught my eye is Divergence Online. Its an MMO with a $50,000 goal. It seemed pretty ridiculous to me, so I looked up the developer, Stainglass Llama.
The second result in google is a link to a business document from 2008. I read several pages, and I don't know much about business plans, but it seems naively ambitious. Some choice cuts include financial projections like
Initial investment of $3.2 million with a payback period of less than two years
Total revenues are projected to be $8.5 million in 2010 and are expected to grow to $74.3 million in 2013.
And some stuff about the CEO
In his time as CEO, Ethan has managed a small team of very talented developers and designers to create Divergence. He has been very successful in the management of his business, controlling not only the operations, but also the financing aspects, utilizing his funds in a very conservative yet efficient manner. He has contributed greatly to the creation of the game, and is confident that both market share and revenue projections can be achieved in the projected time frame.
Also, some of the citations (like one on an estimation that in 2011 their will be 80 million active mmo subscribers) just reference "MMORPG data". So has anyone out their heard about Divergence Online? Apparently its been in development for at least 5 years.
But really I am more curious if this is what most crowd fund gaming projects are like. Is it still worth it to look through kickstarter and sites like it to find the gems? I am actually genuinely curious about people's experiences with crowd funding, being that I am a person who wants to make videogames for a living.