Open Discussion > General Discussion
GNE needs help.
Morgul:
I really don't want to write this thread. I've been putting it off for two weeks. I really don't want to, but I have to. :-[ Basically, here's the situation in a nutshell. We need to start making some money off GNE. I am unemployed, and although I have a small amount of cash coming in, it's not much. Whitelynx has a job, and it pays well, but he's really the only one out of the GNE crew who's been putting his money into this. Unfortunately, GNE will have costs, and frankly, those costs should be a good deal more then they've been lately; we've been lucky.
However, the kicker of all of this is the simple fact that GNE needs to become a company. More to the point, an S corporation. The cost for that is about $600. We don't have that. If the magical corporation fairy were to wave her wand and grant us corp status, we could start talking to businesses tomorrow about selling their wares on our website. However, there's another sticking point. Handleing credit cards costs money, and I'm not sure how much, right now. We should be able to get a buisness bank account.. assuming that we are a buisness, of course.
Now, if we were able to sell things, we'd be able to make money. Making money would mean that Dave wouldn't have to work so hard at his job, we could afford upgrades to the server, we could help DawNet out, and get them their first game server (for testing) and in general, Precursors would get done MUCH faster. (More time spent working on it, less time spent working for money.) Also, if we do this now, by summer, I might just be able to afford rent without having to work, which would mean that I could spend ALL DAY working on the app. I think that alone would cut an entire YEAR off Precursors's total development time.
So, here's what wanted to ask. Are there people out there willing to donate $$ towards GNE? I can promise that anyone who donates will recieve free copies of Precursors and a 20% markdown on their first store purchase. (This is up to negotiation, depending on the size of the donations.) Also, should anyone want to invest in the company, I can come up with a price per percentage of the company. I will limit it to 10% for each investor. I am going to maintain 60%, and Dave will have at least 20%, so that's only 20% up for grabs, and contingencyplan gets first dibs. However, you'd own some of it, and make money as the company makes money. (You get whatever percentage of the profit the company makes that is equal to your ownership.)
So, what do people say? If there are people willing to donate, I'll start up a PayPal account for GNE. Keep in mind, this money is SOLEY towards making GNE a real company and any expenses it has setting up a store.
Damn, I feel bad doing this, but it's where we're at, folks.
--Chris
Infernal:
Well, I'm about to set up a small ebay computer store by making computers off of newegg stuff and selling it on ebay. That should bring in some money so if that works out I'll buy some stock ; ).
ryguy_1617:
Dunno...once you get the price per percent figured, I'll check around to see if anyone I know would be interested...I would invest some, but I am broke :(.
Morgul:
Keep in mind, donations of $1 or even $.25 is getting us towards our goals. It doesn't hve to be much. save up $20, and then donate it... something. :-p
contingencyplan:
I believe in this, so I'm willing to throw some money at it. At this point, I am interested in owning at least 5%, maybe as much as 10%, though I don't know yet. Lemme know how much you're charging per share.
--- Quote from: morgul on February 26, 2006, 01:37:47 pm ---However, the kicker of all of this is the simple fact that GNE needs to become a company. More to the point, an S corporation.
--- End quote ---
Now remind me - what is so special about an S corp?
Also, where are we going to be incorporated at? I know you said NY in the past, but also that y'all aren't going to be staying in NY indefinitely. Shouldn't GNE be incorporated in the state that we'll all eventually be working in (or at least the headquarters will be based in)?
--- Quote from: morgul on February 26, 2006, 01:37:47 pm ---If the magical corporation fairy were to wave her wand and grant us corp status, we could start talking to businesses tomorrow about selling their wares on our website.
--- End quote ---
So what will we be selling? What businesses are you planning to talk to, and why?
--- Quote from: morgul on February 26, 2006, 01:37:47 pm ---Also, if we do this now, by summer, I might just be able to afford rent without having to work, which would mean that I could spend ALL DAY working on the app. I think that alone would cut an entire YEAR off Precursors's total development time.
--- End quote ---
Okay, something I'm going to say here. I honestly believe Precursors, in its current form, is WAY too big for us to get done before any of us graduate. Not even close. So as I'm pretty sure I've said before, I think our goal should be to get Precursors to the stage we can start talking to publishers about getting some SERIOUS (as in thousands of dollars a month) support and investment from them. Make enough progress to where they look at the game, think "holy shit, this is going somewhere,", and give us money (knowing that they'll get a huge return on that investment when they start selling the finished game). This means that we should start talking to a few now, to see what they are looking for in a demo of a potential game, and concentrate on finishing that and nailing that to the wall. Because there's no way of knowing how long it will take us to complete the entire game, and because it's almost certain that we won't before finishing school, it's too early to start talking about chopping time off the development of the game. Let's just work on the game for now with the mindset / goal of getting it to this level, then worry about finishing it after we've got some big $-muscle behind us.
--- Quote from: morgul on February 26, 2006, 01:37:47 pm ---So, what do people say? If there are people willing to donate, I'll start up a PayPal account for GNE. Keep in mind, this money is SOLEY towards making GNE a real company and any expenses it has setting up a store.
--- End quote ---
Any guestimates as to what those are and how much they will cost (aside from the $600 mentioned earlier)?
--- Quote from: morgul on February 26, 2006, 01:37:47 pm ---Damn, I feel bad doing this, but it's where we're at, folks.
--- End quote ---
Don't. You're not asking for a handout, you're asking for investors. There's a difference, and the latter is perfectly acceptable and expected for this stage in the game. We're going to be asking for investments for a long time to come, even after the store takes off and we become much more self-sufficient.
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