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Finances. Run the numbers with me-- the facts don't lie.Post at: Mo 24. Sep 2018, 01:47By /u/cipherphant
https://robertsspaceindustries.com/funding-goals So, my last thread was accused of being too 'troll-ish'; therefore, I ask you all to help me understand the raw numbers as I am trying to understand where the money is coming from and where it is going.
According to their website, $
194,140,707 has been raised so far.
According to their website, the project has raised between
$15,000,000-20,000,000 so far this year.
According to recent developer interviews, as of two months ago, Star Citizen broke 500 employees.
Based on the amount of positions they have open, I am assuming they are not paying competitive wages; therefore, let's low-ball and assume they pay each employee, on average, about $30,000 a year.
500 x 30,000 (lowball figure) =
$15,000,000-- and that is just employee wages. This isn't accounting for rent, travel, advertising, servers, insurance, utilities, equipment, etc. -- the total of which could easily equate to a significant chunk more. \* IF ANYONE HAS A GUESS ON HOW MUCH THAT WOULD BE, I'D LOVE A BALLPARK ESTIMATION.*
Let's estimate that the project costs about $25 million dollars a year--- at that rate can they sustain a ten year development cycle?
What we don't know is if the Funding page includes in-store credit purchases (melted) products. Some have suggested that they're padding using the raw sales data based on purchases, credit and non-credit, together as one value. This would significantly lower their overall projected income.
Either way you look at it they are not sitting comfortably. I'd guess that a significant amount of the initial seed capital has already been spent and that they're sustaining a lot of the budget on ship sales, etc.
I think CiG needs to think about other sources of income. For example, BoredGamer was discussing the monetization of YouTube and the fact that Star Citizen's channel isn't set up for income generation. Could they be doing more to generate income that doesn't rely so heavily on the faith of already over-extended backers?
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