Quoted from allsportdvd:How many current pinball companies (that have actually released a game) started via Kickstarter?
And then once started, how many are running close to profitability?
I guarantee the number is very low
I don’t think anyone has started via a Kickstarter that’s still in business.
However, for the EXTREMELY IMPORTANT stated fact that you lose money for a long time until you become profitable, we have several examples of fools who thought payday is the second games start rolling off the line!
Quoted from flynnibus:Any company like this that aspires to be a manufacturing company and needs a kickstarter at market rates to "get going" is dead as a doornail -- under capitalized and will never succeed.
It's akin to the restaurant you see open and close 3 months later. You don't make any money for a long time. if you don't have the capital to lose money and keep operating - you'll never get to the point of making money.
It costs money to actually develop your product
It costs money to stage production
It costs money to fuel production
You can not do that with simple pre-sales of your product. You just hope you start making enough money by your 2nd or 3rd product to stop burning money.. and hope to start gaining on your debts.
You CERTAINLY aren't going to do it with a very limited run product.
People with no business plan, no business sense, and not enough money to meet the table's opening bet. DOA.
Heighway.
Suncoast.
Hell even Jersey Jack was in the red for way longer than people think. WOZ was rocky the entire time! They lost money on every game they made. It’s been suggested perhaps that financial predicament has persisted
American and Spooky seem to be the only ones who understood bleeding money is the cost of doing business and to succeed you need to be commit and tough it out. They planned accordingly and survived long enough to make it to the 3rd and 4th game where the company starts to really solidify and funds/investors stabilize.
Capcom could have made it and they had some of the best machines ever made but Williams broken them with the endless lawsuits. And I think Python may have broken the spirits of the execs with his wild ideas, lol.
Haggis seems like they’re in the danger zone. I wish them well but making and shipping games does not mean you’re turning a profit. Sometimes the money runs out but companies keep making stuff until the bank padlocks the door.
Homepin, who really knows with that guy, he’s like the Charlie Sheen of pinball.
I feel like I’m missing another modern company, but it escapes me at the moment.