Personal Finance
On spending $22,500 on Virtual Spaceships
By Investment Moats  •  June 8, 2015
In daily conversations with friends and family, we often get judge or judge others on some of their extravagant purchases. The fundamental problem with doing that is that, you may not have evaluated what the person does with the person or family’s full context. We have a good example here. Star Citizen is an interesting Kickstarter project where the lead designer, Chris Roberts seeks funding to create a game that a niche group of people will love. He raised a respectable US$2.1 million from Kickstarter. Then he went alone to try and raise the money himself by starting a WordPress blog. How much did he raised? US $77 million from 770,000 backers. That is like $100 per person. That is freaking mind boggling. And to make it even more surreal, the buggy game isn’t completed yet. This game can be played single player, multiplayer hosted by the company, or ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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