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Roley, out of all the people I have met and interacted with Jamy was the most passionate With excellent contacts (and pivotal to the Unreal SDK activity), a really good guy and we are in touch by email.
I must admit I was sorry to see Simon go, but an opportunity presented itself to him that he could not turn down (although I suspect there was a “push” involved also).
It’s true these guys have reputations and excellent contacts but I am just saying that they won’t know about performance of the company and execution of plans. Their involvement should not be confused with what it is, ie advisory.
I have invested in the first mover advantage and the tech, not particularly the people although I appreciate the company would not be where it is without them.
Thanks for your thoughts and insight Chestnut.
I agree members of the Advisory Board are just advisors...
My understanding was that the plan for the Advisory Board was for them to meet as a team/group but yet to do so I gather.
Interesting impression you gleaned of Draper and I take your comment on board.
What did you think of Rob (esport's manager) and Jamy?
My view of Jamy was excellent. Passion and drive coupled with great understanding and knowledge.
Thanks for posting.
The advisory board are largely very well established, wealthy and busy people.
The risk is why waste their time? It is not like putting a name to a charity and turning up for a fund raiser once a year.
They will be approached all the time by different parties, the fact these guys willingly came on board with bids says plenty, regardless of how familiar they are with the finances.
Guys,
Please all remember that there is a difference between being on the Advisory Board in comparison to the PLC Board or Operating Board. Just because we have some top names on the Advisory Board, doesn’t necessarily mean they know anything about Revenues earned (revenue recognition principles, differed revenue, IFRS etc (and yes I am another qualified accountant who works in this area)) which the other Boards will be aware of, so in case Revenues are small, they are not risking their reputations. They are there to advise (we don’t even know under what terms or how and when or under what frequency they meet, or even if they meet as a group or 1-2-1 over a coffee with JD).
I am a LTH but am worried that the fact JD doesn’t want to say anything, is less about “leaving crumbs” and more about actually having nothing to say! I can see the jigsaw puzzle coming together but more key than anything else (in my opinion) is signing up more AAA publishers and thereby more games, therefore more inventory etc.
I have met JD; must admit wasn’t massively impressed (but that’s just my opinion) and also met SG, Rob, Jamy etc. I understand the industry since I work in the area and have great AAA games contacts who just don’t know BIDS exist which is a shame hence all of their marketing. Still, there is a long way to go, so I’m tempted to come back in 6 months or a year to see where we are, however with over a £100k sunk in this and still haven’t broken even I am as nervous as many of you are.
Not trying to deramp, otherwise I wouldn’t waste my time here, but just trying to add some perspective/ thinking out aloud on thoughts surrounding the Advisory Board and some other points.
GLA