Re:Indie (Game) Fund is open for applications
by ww520 on Friday July 09, 2010 @04:33PM
(#1502125)
Understood. Then it's more important to spell out the terms of the funding ahead of time. Are they paying you money to develop the game then take over the end result completely? That would be 100% equity funding and it sounds like a "job" to the dev. 6%, 10%, 20%, 50%?
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The aim is ramen profitability, I guess.
Vague outlines to the funding terms are at http://indie-fund.com/about/ . Basically you pay back a proportion of revenue til you pay then back plus a bit. Or, if you make no money in the first 3 years, you don't owe them anything.