Grimboj
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Everything posted by Grimboj
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Would you back a second RVGS crowdfunding campaign?
Grimboj replied to Amstari's topic in Modern Console Discussion
They did some things that make it more difficult for me to trust them. Firstly - *that* prototype video. Secondly - I have a problem with their campaign funding structure. They have allocated themselves US$240,000 for wages and stated that the product will reach the market in Q4 2016. 12 months wages of that magnitude for 3 people running a startup that hasn't yet produced a product is not something I am OK with. They have also allocated $80,000 for a place for a "small office and lab", presumably that is just a place for the 3 of them to work on the project? Again that is a huge sum of money for rent for a startup in my opinion .... yet they have only allocated $40,000 for advertising a new games console!? The above is a distribution of their profit on the backer consoles, described as 1/3 of the funding, so they have a 33% gross margin on the first run? I would say 25% is a more typical gross margin for any company. If they come back with a working dev prototype that isn't pretty but can be verified by other independant people in the industry and they completely restructure their campaign funding then I'm a maybe. -
I would pre order one of these for $200 based on the information I have already seen I think the combination of being able to play new games with infinite new cores plus all games up to snes... Is very exciting.
