Something a little bit different.
US Crowdfunding platform Republic has brought another crowdfunding platform Fig, which specialises in games.
Republic is slightly different as crowdfunding in the US is heavily regulated and has much more huddles to overcome. For a long time crowdfunding in the US simply could not be done, the regular DIY investor could not be involved. Republic has worked with law markers to open up the doors, though they are still in early stages (years behind the UK in this regard.)
Fig on the other hand is a mix between Kickstarter and investing as a games publisher. In the UK it’s far more likely we have heard about funding movies. A basket of cash which is invested into multiple movies/films with the aim of a few making a return and the odd blockbuster to give back high and fairly quick returns (a few years versus tens of years.) Games investing is very similar and depending on the complexity can have slightly quicker return than movies (still talking a few years mind you.)
It will be interesting to see what this merger means for the two firms. Hopefully we’ll keep on seeing innovation and opening up investment opportunities to the wider market (with reasonable protection and awareness in place.)