Strategy, Simulation
Inner circleDeadline extension and an institutional investor
We are pleased to announce that we were able to secure €50.000 from an institutional investor! The institution's internal regulations however prevent the investment from being made directly on Gambitious. Since it is of vital importance that this progress is reflected in the figures on Gambitious, we were required to update the funding goal and the equity offering.
Please note that the "relative offering", i.e. the equity percentage offered per money, has not been changed! We still offer one percent per €5.000. Also, the game's total budget remains the same.
As this is a significant step forward, and as we don't want to surprise our investors by incorporating last minute changes, the funding deadline has been extended until Sunday, March 31. We sincerely hope that this exceptional action is in everyone's interest.
In consequence, development will officially start in May 2013, and the game is expected to be released in May 2014. The business plan has been updated to reflect all these changes. If you have any questions, don’t hesitate to contact us at info@train-fever.com!
Changes summary:
Before: funding goal €300.000, equity offering 60.0%
After: funding goal €250.000, equity offering 50.0%
Comments
Good news, made me increasing my investment :-)
Great :) now we just need to spread the word so we reach the 250k.
I checked how many percent had to be invested each day since this update and when this was announced it was 1,5%. Now it's 1.3. That means that if people continue to invest at this rate, the game will be funded in time.
I also believe that more people will invest when there is less money needed to complete the goal.
To me this is great news and it relieves me.
Congratz on getting that investment :)