Path of Exile: Crowdfunding that isn’t following the Kickstarter crowd

path_of_exile_wallpaper5_1920x1080Brian Fargo. Tim Schafer. Chris Roberts. Chris Taylor. These designers are responsible for a number of noteworthy video games. And all four also have another thing in common — they’ve gone to Kickstarter to fund their latest projects.

Path of Exile recently went into open beta — effectively “releasing” to the market. This online action-role-playing game (a genre that emphasizes combat, leveling up your characters and selecting skills, and acquiring treasure) from startup Grinding Gear Games began development six years ago, financed by the founders and later “wealthy friends,” said general manager Chris Wilson. As its development kicked into a higher gear, the founders paid themselves just enough to get by, leaving as many funds as possible for the rest of the development team — including Wilson and the others, this is 20 people, plus another couple of contractors — and infrastructure for this online game.

“We view ourselves as a startup,” Wilson said. “The founders have made no money yet. We are paying ourselves living costs, but others are making more than the founders. Our priority is making delivering a quality game and not monetizing it.”
Read More at VentureBeat


Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!



Sponsored Links by DQ Promote

 

 

Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 25, 2026 vs Jan 1, 2025 - Oct 25, 2025

Share this graph
Number of Filings131Prior 126 +4.0%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTDYear priorChange
Filings 131 126 +4.0%
Target raise $3.40B $3.54B -3.9%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Newest
Oldest Most Voted
 
0
Would love your thoughts, please comment.x
()
x
Send this to a friend