[Megathread] Star Citizen

[Zeta333]

I'm curious as to what company does deliver hard financials. We see rough breakdowns, occasionally, but by and large companies do not divulge their monthly expenses in detail. They have no obligation to, either.

CCP had to post thier fincials because they took a public loan, and untill they repaid it they had to post. SC has almost entirely kickstarted money, the backers should demand even though i dont think they should have to, to see if thier money is being wasted on shit it shouldnt be.

[Tradewind]

I herd if you plug your ears and go LALALALALALA louder the game will come out sooner.

I didn't say anything about it coming out sooner, or ever anything to that effect.

CCP had to post thier fincials because they took a public loan, and untill they repaid it they had to post. SC has almost entirely kickstarted money, the backers should demand even though i dont think they should have to, to see if thier money is being wasted on shit it shouldnt be.

Nobody caaaaares. Crowdfunding is not the same as a fuckin loan/FDIC or investment.

And to be clear, it's not "entirely kickstarted" money. It's been over $87 Million since the Kickstarter ended. Does Blizzard release every detail of their financials to the public? Accounting for every cent and dollar from subscriptions? Nothing more than a revenue statement. Nobody does this unless it's some SEC regulated shareholding shit. Asking for it is asinine. Whining about it is pedantic.

Stop being a child please lol. Every 20-30'ish pages, coming in here to spout some uneducated angsty bullshit lol. At the risk of repeating too...why should we care what anyone who supports Derek Smart thinks anyway?

Do us a favour and come back later with something other than "it's never coming out!"/"show us the books!" horse shit and maybe you'll be taken seriously again.

[zealo]

CCP had to post thier fincials because they took a public loan, and untill they repaid it they had to post. SC has almost entirely kickstarted money, the backers should demand even though i dont think they should have to, to see if thier money is being wasted on shit it shouldnt be.

From a legal perspective, there's a difference there, its a donation and not a loan, there's a very intentional reason they call it a pledge rather than a purchase/investment.

[Edge-]

CCP had to post thier fincials because they took a public loan, and untill they repaid it they had to post. SC has almost entirely kickstarted money, the backers should demand even though i dont think they should have to, to see if thier money is being wasted on shit it shouldnt be.

It's almost like taking a legal, public loan is something completely different than crowdfunding, and like CCP is in a totally different country than CIG is based from.

Would you say the same for every crowdfunded project? That they should all have detailed public records of their spending? How about projects that crowdfund through their own sources and now places like Kickstarter? How about games that sell "founders packs" to crowdfund, but don't explicitly crowdfund?

[Zeta333]

Would you say the same for every crowdfunded project? That they should all have detailed public records of their spending? How about projects that crowdfund through their own sources and now places like Kickstarter? How about games that sell "founders packs" to crowdfund, but don't explicitly crowdfund?

100% yes, as i think there has maby been ONE crowdfunded game that didnt end up falling through. You wanna take peoples money in this form and fashion? Then you need to show you arnt wasting the money.

[nocturnus]

100% yes, as i think there has maby been ONE crowdfunded game that didnt end up falling through. You wanna take peoples money in this form and fashion? Then you need to show you arnt wasting the money.

They're not taking anyone's money you persistently headstrong individual. People are voluntarily supporting a project, with an again, voluntary financial pledge. This pledge, doesn't buy them the right to absolutely anything, unless it's stated in the initial agreement.

What the pledged funds are spent on, is none of your business. Even if you donated (because that's what a pledge essentially is) yourself.

[Nirawen]

At the risk of repeating too...why should we care what anyone who supports Derek Smart thinks anyway?

Well to be fair he does have hands-on experience when it comes to floundering projects and if anyone can spot the face of ineptitude it's our ol' boy Derek, he sees it everytime he looks in the mirror. If there was ever an expert on shoddy games that accept payments while having no sign of fulfilment it's him.

[Deleted]

CCP had to post thier fincials because they took a public loan, and untill they repaid it they had to post. SC has almost entirely kickstarted money, the backers should demand even though i dont think they should have to, to see if thier money is being wasted on shit it shouldnt be.

I personally don't believe in this project at all (although I do hope they prove me wrong), but saying that SC has almost entirely kickstarted money is completely false. They raised most of their money through their site. The kickstarter was only a fraction of the money they actually got. Also, if you're a kickstarter they allow you to refund your money afaik (but don't quote me on this).

[Zeta333]

I personally don't believe in this project at all (although I do hope they prove me wrong), but saying that SC has almost entirely kickstarted money is completely false. They raised most of their money through their site. The kickstarter was only a fraction of the money they actually got. Also, if you're a kickstarter they allow you to refund your money afaik (but don't quote me on this).

The money they raised on thier site is the same thing as that from kickstarter its just they ran it privatly from thier site and not on kickstarter, same thing different sites.

[nocturnus]

The money they raised on thier site is the same thing as that from kickstarter its just they ran it privatly from thier site and not on kickstarter, same thing different sites.

And that doesn't change the fact that your point is utterly invalid. Backer or not, you have no right to know what their funds are being used for.

That said, I do believe backers have been and are being screwed over ˆˆ

[SirRobin]

I have not chipped any money into this yet. While I loved most of the WC games, Armada was crap and the movie blew too. So I'm waiting for the finished product. At this point SC seems to have a lot of chefs in the kitchen, so to speak, so I would not be surprised at all if millions have been "wasted." All I really care about is what comes out the other end.

Elite failed to itch that itch so maybe SC will.

[unbound]

Does Blizzard release every detail of their financials to the public? Accounting for every cent and dollar from subscriptions? Nothing more than a revenue statement.

This. You can pull Blizz's financial records and get nothing more than a hazy idea of what is going on. All of their online revenue is shoved into one pile...you have no idea how much is coming in from subs vs the store vs hearthstone micro-transactions vs other online properties, and you certainly have no idea which games they are actually spending their money on.

These calls for detailed financials from SC are no less stupid than the calls for Obama's birth certificate. The information has been provided, get over it.

Derek Smart is as qualified to speak up about successfully running a large project as well as any other CEO that consistently failed at their job. Just because Derek "Battlecruiser 3000AD" Smart says it can't be done means absolutely nothing. Derek is mostly pissed at the world that his baby, Galactic Command, is largely panned, and he can't stand the fact that others will likely succeed where he has (consistently) failed.

[Waaldo]

Hes only asked for public disclosure of the companies finacials which since its a crowdfunded game should be mandatory imo.

It's amazing how much financial information the guy has from a company that doesn't release it's financial information. I don't know what's worse; How stupid Derek Smart is, or how ignorant you are to continue listening to his mouth spum.

[Edge-]

100% yes, as i think there has maby been ONE crowdfunded game that didnt end up falling through. You wanna take peoples money in this form and fashion? Then you need to show you arnt wasting the money.

Cool, then lobby your congressional representative to introduce legislation about it. Until then, you're shit out of luck and crying to the FTC or whatever agency Smart decides to cry to next is going to do a giant load of nothing.

I doubt Smart would be interested in having the same amount of transparency with his Early Access (read: partially crowdfunded) project, Line of Defense.

[Rennadrel]

Vague description of what moneys being spent on vs hard company financials is a different thing. We should be able to look and see whats left of the money from the kickstarter.

Except there isn't a fucking company in the entire world that does that, let alone game developers. Do you think they have the time to be worrying about such meaningless shit as whether or not a few plebians like you and that salty scrub Derek Smart want to see where they are spending their money? That shit isn't even worth tracking, and since they aren't a publicly traded business, they have no shareholders to disclose that information to, let alone the public. I think it is time for you to STFU about all of this shit and either stay on topic of the game or just stop posting, because quite frankly, no one else gives a rats ass about how CIG are spending their funds to create the game.

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CCP had to post thier fincials because they took a public loan, and untill they repaid it they had to post. SC has almost entirely kickstarted money, the backers should demand even though i dont think they should have to, to see if thier money is being wasted on shit it shouldnt be.

Crowdfunding doesn't even come close to taking out a loan. A loan requires you by law and the agreements made in taking a loan, that you pay it the hell back. Generating revenue through public funds is not even close to the same damn thing. Holy fuck, how do you not know shit like this which is so damn simple?

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I'm curious as to what company does deliver hard financials. We see rough breakdowns, occasionally, but by and large companies do not divulge their monthly expenses in detail. They have no obligation to, either.

They are only required to disclose a rough detailing of their expenses, revenue and projected outlooks moving forward, and that is only the case of publicly traded companies with shareholders and investors. As far as I can tell, CIG has no shareholders or investors, the only one who would have any vested interest in the company is Chris Roberts himself, since he is the founder. They don't have to protect the interest of those kinds of people as a company because they don't have shares either. The only people they have to protect the interests of are the people who have funded their project.

[Edge-]

They are only required to disclose a rough detailing of their expenses, revenue and projected outlooks moving forward, and that is only the case of publicly traded companies with shareholders and investors.

Publicly traded companies, yeah. I should have been more specific in referencing private companies. They often have to present financial to private investors, but given that crowdfunding is more a donation and not an official/legal investment it doesn't really apply.

[Omians]

image of this popped up into my email along with the normal newsletter

Discover MISC's Crown Jewel, a modular Science Platform!
“… there’s a fundamental truth to our nature: Man must explore.”
-Dave Scott, Commander of Apollo 15, Hadley Rille, Luna

“Ever expanding. Ever changing. Filled with limitless possibilities. These words not only describe our universe, but also our knowledge and understanding of it.”
-Thea Royce, Professor Emeritus, University of Persei

Musashi Industrial & Starflight Concern is proud to present the Endeavor-class research vessel, a fully modular space platform designed to be adapted for a variety of scientific and medical tasks. Initially developed as a floating laboratory, the MISC Endeavor can be outfitted for everything from spatial telescopy to use as mobile hospital. Today, we are pleased to offer your choice of an Endeavor hull in varying configurations or the option to ‘build your own’ by choosing individual component sections.

Moving past combat-oriented gameplay is a major goal for Star Citizen’s persistent universe, and the Endeavor is a flagship for that cause! As part of the Endeavor launch, we’ve crafted a design document explaining how many of the ship’s systems will be used in the persistent universe.

The Endeavor is being offered for the first time as a limited concept sale. This means that the ship design meets our specifications, but it is not yet ready to display in your Hangar or to fight in Arena Commander. The sale includes Lifetime Insurance on the ship hull and a pair of decorative items for your Hangar. A future patch will add an Endeavor poster and then once the in-game model is finished you will also be given an in-game Endeavor mini ship model! In the future, the ship price will increase and the offer will not include Life Time Insurance or these extras.

If you’d like to add one to your fleet, they’re available in the pledge store until October 10th. Find out more about the Endeavor here!

[Val the Moofia Boss]

Beautiful

How much do ya think this is going to run our wallets?

[masterhorus8]

How much do ya think this is going to run our wallets?

its $350 for the base ship with LTI, $900 for ship and all the modules, which there are quite a few of.

[Edge-]

its $350 for the base ship with LTI, $900 for ship and all the modules, which there are quite a few of.

Jesus, the fact that people spend $350 for a ship in a game that doesn't exist/isn't released yet, much less just shy of a thousand dollars continues to blow my god damned mind. I just will never understand it.