(Topic ID: 135209)

Jersey Jack investment

By snaroff

8 years ago


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  • 509 posts
  • 145 Pinsiders participating
  • Latest reply 8 years ago by jungle
  • Topic is favorited by 10 Pinsiders

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    #25 8 years ago
    Quoted from oohlou:

    How was JJP funded up to this point? It seems like this could be taken either way:
    Positive: JJP is doing well enough that additional investors want in on the action
    Negative: JJP is doing poorly and had to find new investors in order to stay afloat
    I hope it is the former.

    Initially, I think it was all home grown funded. And then obviously from his pre-orders. This should not be taken negatively. This is the next logical step, and the only way he can propel his business forward. He needs the capital infusion to expand his business, and the ability to further invest in game development. Plus, I'm sure Jack realizes the appetite for "pre-order" is not what it once was.

    Despite the bad press some give Jack, this shows he making smart business decisions, and looking towards the future.

    Let's just hope the demand/market for all these manufacturers stays strong....

    #51 8 years ago
    Quoted from spfxted:

    too-many-pins said:

    The problem with investors is now Jacks first concern will be keeping investors happy

    That's how the business world works. If JJP is going to survive, he has to put profits first. And Yes, costs rise (but so has most items...).

    And for those that complain about costs....Most companies move it overseas, and still charge you the same or move. To have this still in the USA, considering the amount of labor involved is incredible.

    #55 8 years ago
    Quoted from Aurich:

    Prices have already gone up. No one thinks it was a coincidence that JJP games went up by $500 right before this announcement right?

    Nope. I'm sure they looked over his profit margins; and wanted to see a proper ratio.....

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