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this post was submitted on 12 Dec 2023
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Games
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LOL, after what, 5-years of dev time? That's a monstrous lose.
Pretend there's only 5 devs, at only $100K/yr. $2.5M in salary, and total payroll costs an employer anywhere from 20-50% more. And then there are benefits. And leadership pay and hardware and hosting fees and software fees and... And if that's all they made, they are seriously underwater.
All together, house and all, I'm about $100,000 in the hole. I'd rather be me than them. :)
The devs worked for a promise and a prayer, the 1-2 people who run Fntastic lived off the investors' money for 5 years, with a salary they set for themselves.
The Steam money will go towards what they owe their investors, but it won't be enough.
According to FNTASTIC all their developers were "volunteers"