Angel investors are one of many financial sources that many companies and developers utilize during the course of production. Unlike any other source of income, they can directly fund you from their own net worth, primarily at the slight cost of ownership. Typically, most angel investors could seek 10% to 50% of ownership, but won’t require reimbursement of the funds they invest into a game. Taking such an investment often is a gamble on success, putting both you and the investor in a place of high risk. Although, this pro and con relationship can motivate the investor to help you succeed in developing your historical game by offering direct management and other aid.
Is It Worth The Risk?
The promise and effort that angel investors provide are good in retrospect, but there are some setbacks in wanting one to back your game. Expectations upon a set return in revenue may make the costs for not only developing the end product frantic, but also crunch development and make the game attune to something that is severely unfinished. Furthermore, there’s the divide between ownership and how much both you and the investor can control. Would you still have the reigns to manage your project even with the equity taken in exchange?
Yet among the negatives are some standout positives. Having a professional voice in a competitive market can take your historical game to a level that could reach multitudes of different audiences. Hands-on management and new tools to adapt within the development of your title can also benefit you or your team, crossing leaps forward in your abilities to make the most real and authentic historical game.
How To Manage and Reach Investors
Often so in our world, numerous established businesses, corporations, or start-ups seek funding of some sort like angel investors. They are one such source that proves to provide the backup to make a game a reality, only with a steep cut of ownership in exchange for a lasting boon of attention and ingenuity. They exist everywhere and stand firmly in making their protege’s well-deserved entrepreneurs and creators of their own. The trouble though is in presenting your historical game and how it can be a greatly conceived piece of work to said sources.
You can do this by showing how your game will reach the stage of being successful and by making a full-front outline that goes in-depth about your plans. Every ounce of detail works in helping to convince them your title is fundable and a net boost to all involved with developing it.
Contact with these groups can be reached in person or online through the use of many mediums. Sites like LinkedIn or Angel Investment Network can deliver swift communication, but going in and establishing what your game can do directly works great as well. In addition, be sure to look at their statistics and find if what they can provide you is what you need.
These decisions come only down to you in the end if you need to secure something like an angel investor to help aid with the development of your historical game. Your options are open, and you are not alone in making the game you want to produce. It all comes right in the middle of the road with whose pros and cons may be greater for your historical video game.
At Epoch XP, we specialize in creating compelling narratives and provide research to give your game the kind of details that engage your players and create a resonant world they want to spend time in. If you are interested in learning more about our gaming research services, book your consultation today!