Episode 75 - Paper Like a Phone Book
Pinball: Discussion revolves around The Pinball Company's crowd-funding initiative, the fallout relating to Todd Tuckey and the Pinball Adventures book, a discussion on single-level games in today's...
Highlights
- The Pinball Company is seeking $500,000-$1,000,000 through WeFunder crowdfunding, with early investors valuing the company at $8 million and later at $10 million
- The Pinball Company reported ~$500,000 in annual profit on their latest financial year
- Of the full $1 million target, $450,000 would service existing debt and loan payments
- The Pinball Company experienced ~50% year-on-year revenue growth
- When asked why they didn't pursue traditional bank loans, The Pinball Company responded that they wanted to 'share success with excited supporters' rather than admit banks declined additional lending
- The Pinball Company did not proceed beyond the first production run of 100 units on the Jetsons game
- The Pinball Company controls the Scooby-Doo license
- Dennis is temporarily serving as interim executive director of his organization after his former executive director was placed on administrative leave and his contract not renewed
Notable quotes
“The bank said no.”
“I think this valuation is too high. I would agree.”
“It seems like 1975, 1980 type thinking for the modern age.”
“Nothing about this makes me think I would get my money back.”
“This has an odor to it.”
“How much of this debt on the books is because of JetSense? I would not be surprised.”
“I'm not a fan of this whole model, really.”
Entities
- Spooky Pinball· company
- The Pinball Company· company
- KC GameCon· event
- Jetsons· game
- Scooby-Doo· game
- CrowdFunder· organization
- Eclectic Gamers Podcast· organization
- WeFunder· organization
- Dennis· person
- Jake Danzig· person
- Tony· person
- Wayne Nyans· person
- Pinball Magazine· product
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