Re:Jeff Bezos convinced 22 investors to back his new company...
by cauthon on Saturday August 22, 2020 @04:20PM
(#24246959)
> “I was stupid enough to sell them rights to the whole bunch,” Sapkowski said at the time. “They offered me a percentage of their profits. I said, ‘No, there will be no profit at all — give me all my money right now! The whole amount.’ It was stupid. I was stupid enough to leave everything in their hands because I didn’t believe in their success. But who could foresee their success? I couldn’t.”
Do you think he would have returned the lump sum if the game failed and they went broke?
You give up risk when you ask for a lump sum
Re:Jeff Bezos convinced 22 investors to back his new company...
by oblio on Saturday August 22, 2020 @05:14PM
(#24247300)
Why not split the difference? A lump sum and a smaller percentage.
Re:Jeff Bezos convinced 22 investors to back his new company...
by skinnymuch on Saturday August 22, 2020 @06:05PM
(#24247653)
For the author? Since he didnt believe in it, any slice would have been timny. His regret and words would likely be close to the same.
Re:Jeff Bezos convinced 22 investors to back his new company...
by Scoundreller on Saturday August 22, 2020 @07:14PM
(#24248059)
And one could argue that the gamemakers were much more motivated to create a successful product when they started out in the red, but got the keep all of any profits.
Re:Jeff Bezos convinced 22 investors to back his new company...
by megablast on Saturday August 22, 2020 @05:08PM
(#24247267)
CD Projekt Red is a computer game company who created a game based on sapkowski’s books. The games and company did very well.
Re:Jeff Bezos convinced 22 investors to back his new company...
by uep on Saturday August 22, 2020 @06:05PM
(#24247652)
That's the point. He gave up royalties for a lump sum, when the game seems to currently be the 23rd best-selling game of all time.
https://en.wikipedia.org/wiki/List_of_best-selling_video_gam...
https://www.polygon.com/2018/10/2/17927916/the-witcher-autho...