Invest in GarageGames?
by Jerane Alleyne · in General Discussion · 05/14/2002 (7:31 am) · 2 replies
I thought I'd ask, Does GarageGames plan on going public, with the possibility of being able to invent in your company?
I was thinking that, in the near future (read: have money to burn), I might consider invensting stock in game development companies, or at least inquire into this area when we continue to move up. I would probably invest in a company like Garagegames because it offers a great community service, and probably has the best chance of surviving in comparison to other similar groups. Not to mention, it might be good to get in early while the price is cheap :)
Additionaly, I'm not sure if this has been brought up, but will Tourque be the principle means in which GG turns a profit, Outside of accepting Sierra's contract for updating Tribes2? Just thought it would be good to ask :P
Thanks!
Jerane Alleyne
==============
Lead Artist
www.eventalpha.com
I was thinking that, in the near future (read: have money to burn), I might consider invensting stock in game development companies, or at least inquire into this area when we continue to move up. I would probably invest in a company like Garagegames because it offers a great community service, and probably has the best chance of surviving in comparison to other similar groups. Not to mention, it might be good to get in early while the price is cheap :)
Additionaly, I'm not sure if this has been brought up, but will Tourque be the principle means in which GG turns a profit, Outside of accepting Sierra's contract for updating Tribes2? Just thought it would be good to ask :P
Thanks!
Jerane Alleyne
==============
Lead Artist
www.eventalpha.com
#2
There are some "artist banks" where artists can loan money for their projects and such.
However, I hope GG would never need fund injection and could succeed with its own and indie projects.
07/22/2002 (5:44 am)
I'm not pro in market...things, but there are several investment schemes which are aimed mostly at what GG would need. In Scandinavia there are companies and even banks which are made "for people". They are not profit driven and everybody who buys a share, knows it, they buy shares to support the project.There are some "artist banks" where artists can loan money for their projects and such.
However, I hope GG would never need fund injection and could succeed with its own and indie projects.
Torque Owner Jeff Tunnell
GG is a small company, and we only want to make a decent living. If we make a lot of money, we will reinvest it into technologies, games, and the community. This kind of thinking does not make investors or shareholders happy.
That said, we have considered some amount of investment from understanding investors in order to completely fulfill our vision, but we are not ready to do that yet.
BTW, I cannot tell specifics about the T2 deal, but I can assure you that you would be surprised at the price... and not to the upside.
Jeff Tunnell GG