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Star Citizen Crowdfunding Hits $29M

The Roberts Space Industries website announces that the crowd-sourced fundraising for Star Citizen as the PC space combat game has now passed the $29 million mark. This triggers a new stretch goal, and it seems their imaginations are losing pace with the funding, as this just promises to spend it, as "additional funding for the Squadron 42 single–player experience," and this new trailer offers an explanation of the game's single-player experience. Here's word on how fans can help with the writer's block for their next stretch goal, if it hasn't been reached already by the time this is posted: "Now it’s time for you to pick the $32 million stretch goal ship. We’ve removed the winner and the lowest-performing option from the last poll. What will it be now? A massive cargo hauler, a speedy information runner, a dedicated salvage ship? The choice is in your hands!"

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37. Re: Star Citizen Crowdfunding Hits $29M Nov 24, 2013, 03:45 Cutter
 
Well, Jaxx, this is my point. As a private company they can be getting all kinds of investments - and those investors expect a return. Nothing has to be disclosed. They're not breaking any laws, no one has said they are, but they *may* be at the very least disingenous in claiming where the money is coming from and what the final product will be.

All I've seen so far is that...with the crowdsourcing, yes, you will get some sort of SP campaign that's apparently open-ended. The fine points on MP? Very vague. If I'm misinformed and it's been spelled out in black and white, please correct me. I just haven't heard of or seen anything of the like so far.

So is he accounting for this 10 million or what have you as crowdsourcing? I mean in the very legal sense you could skate on that. But if that's the case - not saying it is - then there are very real fiduciary obligations aren't there?

I'm just saying if he came out with something that spelled everything out, in a very legal and binding sense, about what's coming from where and what it all means then I'd be cool with it and wish him all the luck in the world. When it's vague like this - again, so far as everything I've seen and read - then I begin to question.

Any good company, that's well and truly above board never has any problem spelling out how they're doing it, where the money is coming from, and what the specifics are.
 
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