informa
/
1 MIN READ
News

Indie Fund updates investment terms to fit more varied projects

The Indie Fund, an organization that provides angel funding to indie game developers, has updated its investment model to better accommodate mobile and PC-based titles.
Newsbrief: The Indie Fund, an organization that provides angel funding to indie game developers, has updated its investment model to better accommodate mobile and PC-based titles, and to allow the fund to take greater risks. Under the fund's previous terms, developers would receive a set amount of funding for a project, and after the game's release, the developers had to reimburse the Indie Fund's investment, and pay an additional 1 percent for every $10,000 they received. This agreement lasted either 3 years after the game's initial release, or 2 years after the developer paid back the initial investment. The new system, however, no longer uses a variable revenue share model, and instead asks developers to pay a fixed 25 percent of revenue until the fund doubles its investment or two years pass since the game's release. The new model in most cases benefits the Indie Fun more in the short term, but favors the developer in the long run. For a more detailed breakdown of the updated funding structure, visit the Indie Fund's official website.

Latest Jobs

Cryptic Studios

Remote
1.19.23
Senior Producer

Anne Arundel Community College

Arnold, MD, USA
1.30.23
Instructor/Assistant Professor, Game Art

Night School Studio

Los Angeles, CA, USA
1.09.23
Level Designer / Scripter, Games Studio
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more