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Yeah they're really awesome. Also helped me back Dreadball after I'd missed it by an hour, I don't get the KS updates or anything but I'm fine with that! Friendly bunch of folks. In my standard Dreamforge news, as well, it seems like the initial stuff from the Kickstarter, including the Valkyr power armor suits, are finally nearing completion. It'll be over two years soon since it was supposed to ship, but I'm cool with waiting on him, he's running a one-man operation, essentially.
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# ? Sep 20, 2014 06:32 |
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# ? Jun 6, 2024 08:47 |
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Captain Invictus posted:Got a 20 pound box o' Deadzone shipment 2 today from Fedex. Same, but I got #635 Mantic are great, and I'm terribly biased about it now. Also they announced their next KS, date unspecified, is going to be a small Deadzone expasion project built around hard plastic Veermyn, or space Skaven. NTRabbit fucked around with this message at 06:56 on Sep 20, 2014 |
# ? Sep 20, 2014 06:53 |
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Indolent Bastard posted:Probably much less than he had to pay in tax on his $500,000 of income. Tax fucks lots of KS projects. For some reason people don't think the IRS will want their cut if the funds are crowd sourced. WRONG! Capital raised for a business venture is not income and is not taxed as income. Filing as a C corp is fairly trivial as well. If anyone raises a pile of cash for a kickstarter and then treats it as ordinary income, they are being extremely stupid. (That doesn't mean there's no tax - if you make a profit and "pay yourself" with it, then that pay is ordinary self-employment income. But the full balance of the capital raised? No.)
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# ? Sep 20, 2014 18:18 |
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They did go through some degree of prototyping, didn't they? I remember seeing something that was supposed to be an associated game, in that kind of amateur not-alpha state too. That probably would have eaten a lot of whatever might have been earned as interest from the Kickstarter cash.Leperflesh posted:Capital raised for a business venture is not income and is not taxed as income. Filing as a C corp is fairly trivial as well. If anyone raises a pile of cash for a kickstarter and then treats it as ordinary income, they are being extremely stupid. Given the number of Kickstarters that have seriously harmed themselves with overzealous add-ons and stretch goals, I'd hardly be surprised if a lot of them didn't even think about the benefits or need to consult an accountant. These guys have agents and lawyers to deal with contract law for them, so we can hope someone would have piped up and said something, but these are also a bunch of literal idea men who naively expected the world to beat a path to their door over an awkward peripheral.
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# ? Sep 20, 2014 18:47 |
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Leperflesh posted:Capital raised for a business venture is not income and is not taxed as income. Filing as a C corp is fairly trivial as well. If anyone raises a pile of cash for a kickstarter and then treats it as ordinary income, they are being extremely stupid. Even if you don't do that, I would hope that most project creators deduct their expenses correctly. I always wonder at the people who run projects and then complain about taxes - what did you do with all that money? Shouldn't you have spent most of it for the project? I understand that sometimes timing is an issue (get the money in 1 year, but spend in the next year) but that can be worked around.
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# ? Sep 20, 2014 20:01 |
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Don't forget something like 15% is skimmed off the top by amazon and kickstarter.
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# ? Sep 20, 2014 22:03 |
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Fenarisk posted:Don't forget something like 15% is skimmed off the top by amazon and kickstarter. It's about 10% actually, But then you also have to account for no-shows, I'm told about 5-10% of pledges don't end up paying at the end. Taxes can be weird, some things you can deduct immediately, some things you have to wait to deduct after they've been delivered, but a good accountant will help you deal with that, and defer most/all of it (or at least that's what our accountant is telling us). For So77, we created a ridiculously complex spreadsheet that let us plug in numbers on the fly to tell us where our budget is at. It's let us tailor our stretch goal numbers as we go to make sure we're able to deliver what we promise.
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# ? Sep 21, 2014 00:54 |
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Bucnasti posted:For So77, we created a ridiculously complex spreadsheet that let us plug in numbers on the fly to tell us where our budget is at. It's let us tailor our stretch goal numbers as we go to make sure we're able to deliver what we promise. Huh! That's a great idea. I'd actually be interested in seeing that, if you don't mind. It'd be cool to see how you planned for certain things.
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# ? Sep 21, 2014 02:36 |
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Leperflesh posted:Capital raised for a business venture is not income and is not taxed as income. Filing as a C corp is fairly trivial as well. If anyone raises a pile of cash for a kickstarter and then treats it as ordinary income, they are being extremely stupid. Welcome to KS TG where the creators are idiots and the delivery dates are fiction.
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# ? Sep 21, 2014 14:36 |
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Scyther posted:Could you answer this question, then? Rules were added to the KS yesterday...
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# ? Sep 21, 2014 20:31 |
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Indolent Bastard posted:Welcome to KS TG where the creators are idiots and the delivery dates are fiction. Well sure, of course, but you said Indolent Bastard posted:Probably much less than he had to pay in tax on his $500,000 of income. Tax fucks lots of KS projects. For some reason people don't think the IRS will want their cut if the funds are crowd sourced. WRONG! and he didn't "have to" pay tax on $500k of income. If he did that, it was completely voluntary on his part. The IRS does want its cut, but if you break even or take a loss on a business venture and have no employees (and thus no payroll tax), the IRS's cut is approximately zero.
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# ? Sep 22, 2014 06:20 |
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Well James Wallis released the first part of the 'Alas Vegas' Preview after an 15 month delay. With Cairn sort of getting released and this, Nightfall is now the only KS thing I've backed on any kind, that I haven't gotten stuff from. Thanks Gau!
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# ? Sep 22, 2014 16:50 |
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Leperflesh posted:
I have a friend who actually deducts money on his taxes from a large business loss years ago (there's a limit to how much you can deduct per year or some such), so if you lose money on a business venture the IRS's cut can be negative.
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# ? Sep 22, 2014 17:57 |
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Humbug Scoolbus posted:Well James Wallis released the first part of the 'Alas Vegas' Preview after an 15 month delay. With Cairn sort of getting released and this, Nightfall is now the only KS thing I've backed on any kind, that I haven't gotten stuff from. Only one? Lightweight.
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# ? Sep 22, 2014 17:59 |
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I guess I'm good at picking projects with mostly competent and ethical management.
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# ? Sep 22, 2014 18:33 |
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What options do I have for getting my money back from a post-kickstar Paypal window? I backed an RPG setting sourcebook way back in August 2013. They had a window for people who missed the Kickstarter campaig to donate through Paypal. Stupid me. Their expected delivery was Feb 2014, but had delays which I was fine with for a while. I'm at the point now, though, that I've lost patience and confidence, and just want my money back. I've been trying to email them, tweet them, contact them through paypal, and they are not answering me. From what I can tell, Paypal won't even let me open a dispute because it's been so long, despite that I've not actually received anything.
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# ? Sep 22, 2014 18:34 |
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Myrmidongs posted:What options do I have for getting my money back from a post-kickstar Paypal window? At a guess, not a lot - Paypal won't do it outside of their cooling period, and getting your bank to reverse the CC charges will screw you with paypal, who are a notoriously fair and just financial insititution, and not at all a pseudobank who operates outside the law by skirting definition.
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# ? Sep 22, 2014 18:38 |
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Sefer posted:I have a friend who actually deducts money on his taxes from a large business loss years ago (there's a limit to how much you can deduct per year or some such), so if you lose money on a business venture the IRS's cut can be negative. Strictly speaking what your friend is doing is reducing his taxable income each year, by taking a deduction. This is not the IRS paying him money - it's just him reducing his taxable income by taking a distributed loss. The IRS does actually pay people money (that is, a negative federal income tax, in which credits add up to more than tax), but generally only when they're very poor. As far as I know, there is no tax credit related to taking a business loss.
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# ? Sep 22, 2014 18:45 |
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Leperflesh posted:Strictly speaking what your friend is doing is reducing his taxable income each year, by taking a deduction. This is not the IRS paying him money - it's just him reducing his taxable income by taking a distributed loss. Yeah, I didn't mean to imply that they were paying him for it; he just pays them less every year because of it.
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# ? Sep 22, 2014 18:49 |
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I've mostly had good luck in TG kickstarters. Only Project Dark and Deck of Legends are really late, with Writhing Dark playing cards a fairly close second place, and all of them have had recent updates. I'm never backing another PC game, though. 0/5 have delivered so far.
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# ? Sep 22, 2014 19:19 |
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Humbug Scoolbus posted:Well James Wallis released the first part of the 'Alas Vegas' Preview after an 15 month delay. I've been getting more and more frustrated with that project...every single update is more doom and gloom "oh I've been sick" "oh I've had writers block" "oh I don't have anything done yet" over and over and over again. Each time with a new promised deadline that gets hilariously missed. Even now with the preview out, there's a line in the KS update that says something to the effect of "well doing this preview delayed work on the finished product". Yeah, way to give a big middle finger to the backers holding you accountable to your promises. "Hey here's this preview document, hope you don't mind that doing this thing I said I would do is going to delay the final book EVEN MORE".
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# ? Sep 22, 2014 19:30 |
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jivjov posted:I've been getting more and more frustrated with that project...every single update is more doom and gloom "oh I've been sick" "oh I've had writers block" "oh I don't have anything done yet" over and over and over again. Each time with a new promised deadline that gets hilariously missed. I don't mind very much, as long as he finishes it. And the preview looks interesting, with different Dealers running different acts of the story and not knowing what's coming. I am sympathetic; I lived the life of a full-time freelancer for a while and, at that time anyway, couldn't do better than make ends meet, even though I had time to do so much more. Writing's hard.
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# ? Sep 22, 2014 19:33 |
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homullus posted:I don't mind very much, as long as he finishes it. And the preview looks interesting, with different Dealers running different acts of the story and not knowing what's coming. I am sympathetic; I lived the life of a full-time freelancer for a while and, at that time anyway, couldn't do better than make ends meet, even though I had time to do so much more. Writing's hard. I think a large part of the kickstarter failure rate is that before kickstarter you basically only heard about products that were almost complete, and definitely didn't hear about the various health/social/financial issues that can get in the way of making something. Now, not only are you hearing about a lot more products than you would have before, you get to hear how things are going wrong. Then again, having a large amount of money already received for a product must blunt your sense of urgency in getting it made at least a little.
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# ? Sep 22, 2014 20:28 |
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Flavivirus posted:I think a large part of the kickstarter failure rate is that before kickstarter you basically only heard about products that were almost complete, and definitely didn't hear about the various health/social/financial issues that can get in the way of making something. Now, not only are you hearing about a lot more products than you would have before, you get to hear how things are going wrong. Then again, having a large amount of money already received for a product must blunt your sense of urgency in getting it made at least a little. Yeah, just to clarify my position a bit, I'm not ragging on Alas, Vegas for missing the projected date. Kickstarted dates are a rough guideline at best. I'm specifically grumpy that Wallis seems to do nothing but complain about his life and justify this latest delay in Kickstarter updates. He even took a public poll asking "Should I press on with Vegas or take a break and work on other stuff". I'd be a happier backer if instead of missed promised date after missed promise date, there was just one big update saying "Hey, stuff happened, we're behind schedule, it'll be ready when its ready."
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# ? Sep 22, 2014 20:42 |
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In general Kickstarter both attracts people who are new at making stuff (because established people don't need that pre-funding as much) and leads them to promise a lot (by way of stretch goals). Given that plus Life In General it's more surprising when projects are actually on time, though a good project creator keeps it from getting too late and is generally transparent about delays. For my part having other people's money and a product I needed to finish was unbelievably stressful. One designer I know said he prefers Patreon because he makes stuff and then gets money for it rather than the other way around. (Though you have to be doing little PDF things for that to really work.)
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# ? Sep 22, 2014 21:43 |
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Editions of RPGs by one guy take a lot of time. Didn't T5 end up being the better part of a decade in the making?
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# ? Sep 23, 2014 01:53 |
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jivjov posted:Yeah, just to clarify my position a bit, I'm not ragging on Alas, Vegas for missing the projected date. Kickstarted dates are a rough guideline at best. I'm specifically grumpy that Wallis seems to do nothing but complain about his life and justify this latest delay in Kickstarter updates. He even took a public poll asking "Should I press on with Vegas or take a break and work on other stuff". I'd be a happier backer if instead of missed promised date after missed promise date, there was just one big update saying "Hey, stuff happened, we're behind schedule, it'll be ready when its ready." You might be. Most people would get really nervous when 6+ months go by with nary a peep from the project creator.
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# ? Sep 23, 2014 02:02 |
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malkav11 posted:You might be. Most people would get really nervous when 6+ months go by with nary a peep from the project creator. Well I'm not saying that he shouldn't give progress updates. I just want him to stop promising timeframes or dates or specific milestones. Tell us what has been accomplished since the last update and leave it at that.
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# ? Sep 23, 2014 02:15 |
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Speaking of creators and their late kick starters...quote:Gareth-Michael Skarka on September 11 Far West is the gift that keeps on giving.
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# ? Sep 23, 2014 02:18 |
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Gravy Train Robber posted:Far West is the gift that keeps on not giving.
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# ? Sep 23, 2014 02:19 |
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GMS posted:the next time you hear from me, it will be to announce delivery. And he was never heard from again. The end.
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# ? Sep 23, 2014 02:25 |
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Galaga Galaxian posted:And he was never heard from again. The end. So you're saying there's a happy ending to this story.
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# ? Sep 23, 2014 02:33 |
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jivjov posted:Well I'm not saying that he shouldn't give progress updates. I just want him to stop promising timeframes or dates or specific milestones. Tell us what has been accomplished since the last update and leave it at that. Well, hey, I'm with you there. I generally think promising delivery dates when you're not actually at the point where things are printing and shipping is a bad idea. (Including during the actual Kickstarter period.)
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# ? Sep 23, 2014 02:36 |
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El Estrago Bonito posted:Editions of RPGs by one guy take a lot of time. Didn't T5 end up being the better part of a decade in the making? Counting errata, they aren't done yet. On the other hand, I am confident there will eventually be a perfect text of the T5 rules.
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# ? Sep 23, 2014 02:59 |
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And unicorns and ...
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# ? Sep 23, 2014 03:22 |
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Gravy Train Robber posted:Speaking of creators and their late kick starters... "...or me posting something hateful and dumb on Twitter or G+ every twenty minutes. But other than that..."
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# ? Sep 23, 2014 03:26 |
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jivjov posted:Well I'm not saying that he shouldn't give progress updates. I just want him to stop promising timeframes or dates or specific milestones. Tell us what has been accomplished since the last update and leave it at that. That's basically Kingdom Death. One update was "I'm not going to give any indication of when I will be done because I have no idea what I'm doing. Oh, by the way I'm not going to update for 3 months". Post a complaint in the comments and you get jumped on by 50 people who are fine with it. At least now he's showing what's left and the progress on the items. EDIT: In good news I really like the breakfast cult theme, but never really did any GMing / never used FATE before. I did run some one off scenarios before... but how "new GM" friendly is the system and setting? LordAba fucked around with this message at 03:52 on Sep 23, 2014 |
# ? Sep 23, 2014 03:36 |
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Fate is pretty GM-friendly, Fate Accelerated especially so! Breakfast Cult introduces some extra mechanics but they shouldn't make it harder. Breakfast Cult is a mystery setting so the book is intentionally GM-friendly to help you get into it. Ideally you'll be able to open the book, grab a bunch of NPCs/monsters/etc. out of it and put together an adventure without much fuss.
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# ? Sep 23, 2014 09:54 |
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Gravy Train Robber posted:Speaking of creators and their late kick starters... Speaking of Far West, since it was funded, how many other RPGs have been successfully funded and actually seen release? Dungeon World and 13th Age both come to mind.
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# ? Sep 23, 2014 10:13 |
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# ? Jun 6, 2024 08:47 |
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Ratpick posted:Speaking of Far West, since it was funded, how many other RPGs have been successfully funded and actually seen release? Dungeon World and 13th Age both come to mind. Better Angels Magicians Fate Core Cortex Plus Hacker's Guide Torchbearer Kingdom
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# ? Sep 23, 2014 10:28 |