If something cannot go on forever, it will stop.
Two weeks ago, Cloud Imperium Games reached $350 million in crowdfunding for the development of its two games, Squadron 42 and Star Citizen. Much of the coverage I ran across mentions the length of development and lack of a game. At the risk of jumping on the bandwagon, I want to update my Star Citizen post from December.
|Star Citizen funding on 26 March 2021|
Since my last post on CIG's finances, CIG has raised an additional $13.6 million. When combined with the additional $56.4 million in known revenue through 2019, CIG has raised $409 million so far. A projection of $425 million total raised outside of venture capital at this point is plausible. We also know that Clive and Keith Calder have invested an additional $63.25 million. Sometime this year, total funding for Star Citizen and Squadron 42 will likely exceed $500 million.