New Fund from Indie Developers Backs Indie Developers

March 3, 2010

Backed by a group of proven independent game developers, a new organization has launched with an aim to buck the traditional game publisher funding model by providing financing to up and coming game creators.

Indie Fund is comprised of Ron Carmel (pictured) and Kyle Gabler from 2D Boy (World of Goo), Jonathan Blow of Number One (Braid), Kelle Santiago from thatgamecompany (fl0wer), Nathan Vella of Capy (Critter Crunch), Matthew Wegner from Flashbang Studios (Off-Road Velociraptor Safari) and Aaron Isaksen of AppAbove Games (Armadillo Gold Rush).

The company’s goal is to, “is to support the growth of games as a medium by helping indie developers get financially independent and stay financially independent.”

Gamasutra has a Q&A on its site with Carmel, who offered some additional insight into the new venture. He indicated that funding discussions are already underway with several indie developers and that Indie Fund is equipped to back “a few games a year for two to three years.”

Carmel added:

Most developers today fund their games by bootstrapping or by signing a publishing deal. In many cases, those indies that sign a publishing deal don't really need a publisher; they just need funding and can easily handle everything else themselves.

Carmel will disclose more information on the project in a lecture at next week’s Game Developers Conference.

|Image from Flickr|

Posted in Developers Makes Sense Video Game Industry/Economics

Comments

Re: New Fund from Indie Developers Backs Indie Developers

Submitted by Bloodharp on Wed, 03/03/2010 - 14:55.

Ive never been sure, but indie means independant, correct? If so, please reply in confirmation.

A game that i have been watching for a while that could use some help is called Citadel of Sorcery. Its an MMO in development, but it is a long way away if it doesnt get some serious help. It has 27 ppl working on it atm, and what they hope to accomplish seems groundbreaking. My personal bump, i guess.

In war, truth is the first casualty.

Re: New Fund from Indie Developers Backs Indie Developers

Submitted by DarkSaber on Wed, 03/03/2010 - 16:14.

I have to say that an an indie MMO (unless we are talking browser-based), is NEVER going to happen.

EDIT: After checking their website, yeah, I've seen a good half dozen indie MMOs trying to do pretty much exactly the same sort of thing fail. I'm still gutted Exanimus (zombie-survival horror MMO) went belly up, and that had a much more unique premise than this.

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I LIKE the fence. I get 2 groups to laugh at then.

-------------------------------------------------- I LIKE the fence. I get 2 groups to laugh at then.

Re: New Fund from Indie Developers Backs Indie Developers

Submitted by DarkSaber on Wed, 03/03/2010 - 13:18.

I love Off-Road Velociraptor Safari!

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I LIKE the fence. I get 2 groups to laugh at then.

-------------------------------------------------- I LIKE the fence. I get 2 groups to laugh at then.

Shout box

DorthLous: Passed 1.5M$. And I'd also say that Brutal Legend is far from being a bad game. I just think it was a few levels under what people expected from the people working on the project.02/11/2012 - 8:25am

Technogeek: Brutal Legend wasn't bad so much as "marketing had no idea how the game actually played", causing it to suffer accordingly.02/10/2012 - 10:38pm

RedMage: It looks the CIA's website has been DDOS'ed. Anon?02/10/2012 - 7:52pm

RedMage: Brutal Legend.02/10/2012 - 7:52pm

ddrfr33k: Has anything Tim Schafer ever made been of crap caliber? I'm struggling to think of one...02/10/2012 - 7:37pm

Guamish: I think it is in good hands. Tim did a game for the GDC award show and that was fun for how short it was.02/10/2012 - 12:22pm

Andrew Eisen: It'll be tragic if the game ultimately sucks.02/10/2012 - 12:17pm

james_fudge: $1.3 million02/10/2012 - 11:32am

Uncharted NES: Germany Says It Won't Sign ACTA [Update: ... Yet]- http://tinyurl.com/7r2twrg02/10/2012 - 11:21am

Andrew Eisen: Damn. Double Fine's Kickstarter fund has already passed a million dollars.02/09/2012 - 8:16pm

Andrew Eisen: Audrey didn't quote the sassy parts. Here's IGN's article: http://wii.ign.com/articles/121/1218359p1.html And here's my original post: http://tinyurl.com/7y68a3902/09/2012 - 7:50pm

james_fudge: I hope you some said something sassy! Where's the link?02/09/2012 - 7:46pm

Andrew Eisen: Hey, neat. IGN quoted a blog I had writen only two hours earlier. I certainly timed that one pretty well.02/09/2012 - 7:38pm

Andrew Eisen: Toki Tori has been added to the Humble Bundle for Android.02/09/2012 - 5:11pm

james_fudge: Thanks for the heads-up DorthLous02/09/2012 - 4:33pm

DorthLous: Will do, my apologies.02/09/2012 - 4:14pm

Andrew Eisen: I appreciate the heads up but please keep typo alerts to the specific article's comments or PMs.02/09/2012 - 3:33pm

DorthLous: The title says 30, but in the article, the developer says it's like a 20% net tax http://www.gamepolitics.com/2012/02/09/developers-call-facebook-currency-transaction-fee-thirty-percent-tax02/09/2012 - 2:43pm

Uncharted NES: If they actually release Final Fantasy XI for PlayStation Vita, then I will consider buying one.02/09/2012 - 12:13pm

Uncharted NES: Customers Petition Apple to End Worker Abuse with 250,000 signatures- http://tinyurl.com/6vpuom202/09/2012 - 11:28am

All shouts

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