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Forbes claim $20 million [Update: Forbes talk out their ass]
Posted:
Sat Jul 18, 2015 7:26 amby Reprise
Update: It's not true: https://twitter.com/CedricBiscay/status ... 8415936512Forbes are still spreading a little negativity... smh. Still, I'd be interested to know if there's any truth in that "$20 million funding secured" claim and who their source(s) are.
http://www.forbes.com/sites/olliebarder ... 3-million/'Shenmue 3' Kickstarter Campaign Ends On $6.33 Million
Following the surprise announcement at this year’s E3, Shenmue 3 has managed to amass $6.33 million for its Kickstarter campaign becoming the most funded game on the site.
Considering that many thought that Shenmue 3 would never get made, from a fan standpoint this is all rather amazing. However the important thing to realize is that a lot of crowdfunded games use the initial fan based investment to bankroll the actual game’s budget from private venture capitalists.
In the case of Shenmue 3 it sounds like the success of this Kickstarter campaign is being used to underwrite a far larger sum to get the game made.
Specifically that the main privately funded budget will be in the ballpark of $20 million (according to my sources at least) in addition to the already amassed Kickstarter sum, which would make sense considering that this will be an open world game.
While studios like CD Projekt RED were able to fund games like Witcher 3 for a similar amount of money, they were entirely self-published. In this case, Shenmue 3 will receive most of its budget from a third party and they will likely have ideas on how the game should be made.
It’s this top down and detached decision making that can lead to dangerous results – as those making the decisions don’t understand how the game has been built.
To give you an analogy, it’s like someone ignoring the architect of a house and changing the layout. Then getting surprised when the whole thing comes crashing down as the foundations couldn’t support the changes.
A lot of budgetary overspend tends to occur due to this in game development and I am hoping that Yu Suzuki and his team will be able to fend this type of interference off. In some ways the popularity of the Kickstarter should give the team more bargaining capital in terms of high level decision making but we shall see.
Regardless of all this I am just glad Shenmue 3 is finally getting made and obviously wish the team the best of luck in their endeavors.
Re: Forbes claim 20 million is already secured privately
Posted:
Sat Jul 18, 2015 7:30 amby Yokosuka
This is not the first time I read the 20 million fund, a french source already gave these figures some weeks ago.
Re: Forbes claim 20 million is already secured privately
Posted:
Sat Jul 18, 2015 7:31 amby johnvivant
why don't these people put in block capitals "I'M ONLY SPECULATING HERE!"
so much damage can be caused when people take opinions and speculations as facts.
securing 20 million would be great, but if we don't know its true its best emphasizing that its just a hope. its stuff like this that hurt the kickstarter, .
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 7:33 amby BlueMue
Would be great if it's true. I don't see any negative effect coming from it. Those who want to still give support through PayPal will still do even after this kind of news. If it's really just a highly guessed figure then it's kinda ass from them to just throw this out. But we had much worse.
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 7:35 amby Lan Di-sama
I wouldn't put any stock in this claim but damn - I sure as hell hope that Ys Net has 26 million to work with. We are going to get an amazing sequel if that is the case.
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 7:39 amby Reprise
Bloodstained received 90% of its funds through private investment and openly admitted after the campaign ended that the Kickstarter was used to gauge interest, so I don't know why Shenmue 3 has gotten so much shit for it (especially as no one actually knows any of the facts and much of the speculation has been proven false).
But still, I would love if we got a lot of private investment. If this 20m is true, I will be happy. It would be awesome if it secured even more investment now that the KS was such a success and a record breaker.
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 7:40 amby Hyo Razuki
So who was that private party? A company? A billionaire-son Shenmue fan spending a month's worth of his pocket money?
Also, Adam Boyes has made it very clear many times already. If the KS had not reached $2M, S3 would not have been made.
We must not let any speculation deceive us.
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 7:50 amby Yokosuka
Hyo Razuki wrote:So who was that private party? A company? A billionaire-son Shenmue fan spending a month's worth of his pocket money?
Exactly, if the 20m belongs to only one company, what about the others private funds ?
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 8:09 amby johnvivant
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 8:14 amby Sonoshee
yugo wrote: I only believe whatever Yu Suzuki says. Every thing else goes into one ear and out the other.
As for articles, It goes into my brain, comes out again.
I'm with yugo. Yu Suzuki (and Cedric Biscay) are the only ones who count. The rest is all hearsay.
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 8:15 amby Yokosuka
yugo wrote: Just proves that Forbes are a bunch of jealous fucks.
Technically, it was not Forbes, just a blogger.
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 8:18 amby Hyo Razuki
Nice move of Ced, but I think this kind of journalism will not listen to official channels. It's more like the "we have inside knowledge" kind of thing.
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 8:23 amby killthesagabeforeitkillsu
Why can't we have at least one decent gaming news website? Its all tabloid shit.
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 8:41 amby MiTT3NZ
Shame. I genuinely would've loved this to be the case, Kickstarter or no Kickstarter. With that said though, it'd be great if there was a deal in place wherein it'd receive extra funding from Sony or a third party based on monetary milestones throughout the campaign.
Re: Forbes claim $20 million is already secured privately
Posted:
Sat Jul 18, 2015 8:57 amby LucBu
Reprise wrote: Forbes are still spreading a little negativity... smh. Still, I'd be interested to know if there's any truth in that "$20 million funding secured" claim and who their source(s) are.
http://www.forbes.com/sites/olliebarder ... 3-million/'Shenmue 3' Kickstarter Campaign Ends On $6.33 Million
Following the surprise announcement at this year’s E3, Shenmue 3 has managed to amass $6.33 million for its Kickstarter campaign becoming the most funded game on the site.
Considering that many thought that Shenmue 3 would never get made, from a fan standpoint this is all rather amazing. However the important thing to realize is that a lot of crowdfunded games use the initial fan based investment to bankroll the actual game’s budget from private venture capitalists.
In the case of Shenmue 3 it sounds like the success of this Kickstarter campaign is being used to underwrite a far larger sum to get the game made.
Specifically that the main privately funded budget will be in the ballpark of $20 million (according to my sources at least) in addition to the already amassed Kickstarter sum, which would make sense considering that this will be an open world game.
While studios like CD Projekt RED were able to fund games like Witcher 3 for a similar amount of money, they were entirely self-published. In this case, Shenmue 3 will receive most of its budget from a third party and they will likely have ideas on how the game should be made.
It’s this top down and detached decision making that can lead to dangerous results – as those making the decisions don’t understand how the game has been built.
To give you an analogy, it’s like someone ignoring the architect of a house and changing the layout. Then getting surprised when the whole thing comes crashing down as the foundations couldn’t support the changes.
A lot of budgetary overspend tends to occur due to this in game development and I am hoping that Yu Suzuki and his team will be able to fend this type of interference off. In some ways the popularity of the Kickstarter should give the team more bargaining capital in terms of high level decision making but we shall see.
Regardless of all this I am just glad Shenmue 3 is finally getting made and obviously wish the team the best of luck in their endeavors.
According to my source his source was his arse. He bent over and stsuck his head as far as he could up there and asked about Shenmue 3's budget. The resulting echo kinda sounded like $20 million. Hey, at least, that's what my source said.