Big Phoenix
Pronouns: zie/zhem/zer
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Star Citizen Online - The search for more money
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Bondurant
Ahn'Qiraj Raider
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Kiroy
Marine Biologist
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First response is really good. You pay for a game you get a game. You pay for development you get development. Get what you pay applies bigly. lol
Mist
Eeyore Enthusiast
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Palum
what Suineg set it to
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Mist
Eeyore Enthusiast
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I'm not sure how much I believe them, but they said it's not really a loan, just some kind of escrow so they can move currency between countries their studios are in.
I don't know how to bank so I have no idea if they're lying.
Abefroman
Naxxramas 1.0 Raider
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What they said actually made sense and checks out. Now if that is actually the truth is another matter.
Denaut
Trump's Staff
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If someone wants to go through the trouble of digging up staff numbers and pairing them with dates I could make a reasonable estimate for sunk and continuing costs. I am just too lazy to do the real legwork.
Woffer
Lord Nagafen Raider
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Tearofsoul
Ancient MMO noob
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How many more years can they keep up selling empty promises before they change name to StarveCitizen?
Palum
what Suineg set it to
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At an average salary of 60K that is 48M/yr in payroll roughly. Even at 40K that's still like 32M/yr. Yikes.
Woffer
Lord Nagafen Raider
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Well they did make around 40 million during 2016 so new money is coming in almost as fast as it's going out. Average this year so far is 2.1 million per month but if i remember right there are usually huge spikes around citizen con and Christmas so should be on track for at least 25 maybe 30 million 2017.
I think they by end of 2017 will have gone through roughly 1200 man years of production so 120 million (if calculated at 100k cost per employee) and will by then have raised 160-170 million. In this hypothetical scenario If incoming capital and costs remains the same they can go on without running out of cash for 3-4 years.
I think they by end of 2017 will have gone through roughly 1200 man years of production so 120 million (if calculated at 100k cost per employee) and will by then have raised 160-170 million. In this hypothetical scenario If incoming capital and costs remains the same they can go on without running out of cash for 3-4 years.
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Palum
what Suineg set it to
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Lol, you just don't understand business.
6 Sushi chefs
4 short order cooks
2 head chefs
4 sous chefs
6 baristas
10 waitresses
4 maitre'ds
6 bus boys
3 dishwashers
2 restaurant managers
5 bartenders
2 delivery staff
That's 54 staff just for one of their two restaurants on site
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Opimo
Golden Knight of the Realm
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Gotta factor in benefits too. I used to use 40% over salary as a reasonable estimate to cover things like healthcare costs, 401k matches and PTO.
Employees always cost more than what you pay them.
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