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Re: Tappers Arcade Bar

Posted: Thu Oct 30, 2014 9:36 am
by Fluffyumpkins
Maths time!
http://go.indiegogo.com/pricing-fees
The campaign is fixed funding, so it will be 4% + ~4% fees. We'll call it 8%, but it could be 7% or 9% depending on card fees. They've currently raised $15,000, so they'd need to kick in $15,000 of their own cash.
15000 * .08 = $1200
So basically they'd lose $1,200 to gain $13,800. Net gain of $12,600.

Re: Tappers Arcade Bar

Posted: Thu Oct 30, 2014 9:58 am
by Ho
I guess that would make it worthwhile for them. Is that like "investing in yourself"?

Re: Tappers Arcade Bar

Posted: Thu Oct 30, 2014 10:23 am
by Merk
Oh yeah, it's definitely advantageous to shill even if there are fees hence why I think they're going to shill if they think they won't get enough donations in time. Hell if I didn't have enough money at the time to shill I'd take out a personal bank loan, pay it off immediately using my returns from the donations, and still probably see a profit.

Re: Tappers Arcade Bar

Posted: Mon Nov 10, 2014 2:24 pm
by Merk
17 days with over $10k to go. I'm still banking on a shill

Do we even know what this money is for? Are they NOT going to put this arcade in Fountain Square if they don't get enough donations?

Re: Tappers Arcade Bar

Posted: Mon Nov 10, 2014 2:30 pm
by Fluffyumpkins
Merk wrote:17 days with over $10k to go. I'm still banking on a shill

Do we even know what this money is for? Are they NOT going to put this arcade in Fountain Square if they don't get enough donations?
Last I heard Fountain Square was the target. I don't know what happens if they don't raise the money.

Re: Tappers Arcade Bar

Posted: Thu Nov 13, 2014 2:18 pm
by Fluffyumpkins
Two weeks.
$9,500.

I made my $150 donation. We'll see what happens. It's practically certain they'll donate whatever remainder they need out of pocket.

Re: Tappers Arcade Bar

Posted: Mon Nov 17, 2014 12:01 pm
by Merk
$7,500 left! A shill is almost a certainty at this point, not doing so would be absolutely retarded.

Re: Tappers Arcade Bar

Posted: Fri Nov 21, 2014 3:03 pm
by Merk
~$2,700 left with less than a week to go, it looks like they're going to do it!

Re: Tappers Arcade Bar

Posted: Fri Nov 21, 2014 5:03 pm
by Riot
Let's make a Kickstarter for Fappers Arcade Brothel

Re: Tappers Arcade Bar

Posted: Tue Nov 25, 2014 4:24 pm
by Fluffyumpkins
Looks like it's funded. Now let's see if they squander the money!

Re: Tappers Arcade Bar

Posted: Tue Jan 06, 2015 11:34 am
by Merk
Do we want to take bets on whether or not they will actually open the bar they promised or if they're going to take the money and run?

Re: Tappers Arcade Bar

Posted: Tue Jan 06, 2015 12:05 pm
by Fluffyumpkins
I bet they open the bar. They made a comment a few hours ago:

"For people asking about a location. We're still looking, but we're seeing places frequently. Unfortunately, the holidays have slowed us way down. Hopefully we'll have an update soon!"

They seem like they care enough to make it happen. Still a lot of work to do though. They need to buy/lease the location, perform any renovations, furnish the place, obtain any needed licences, and probably a myriad of other odd jobs. It could be months out depending on how much work needs to be done, and $30,000 will vanish more quickly than a new IndyDDR member.

Re: Tappers Arcade Bar

Posted: Thu Feb 26, 2015 10:10 pm
by Merk
Latest update from them:

https://www.youtube.com/watch?v=aUq5sQL ... e=youtu.be

Spending all the kickstarter money on more arcade machines wooooooo

Re: Tappers Arcade Bar

Posted: Fri Feb 27, 2015 9:06 am
by Amp Divorax
If this place actually does open I will admit that I was wrong that this wouldn't work and I'll give them my business. Currently though I don't have much confidence in it tbh.

Re: Tappers Arcade Bar

Posted: Fri Jun 12, 2015 12:32 pm
by Merk
Over / under on when this place will actually open?

I will bet $1 that this place will NOT be open by exactly one year from today, 6/12/2016