Financial Need - MxG CorpWiki

Financial Need

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MxG is designing innovative games that address consumer need. With minimal funds, MxG has developed a talented network of programmers, artists, and project managers who have combined to provide over 15,000 hours or $500,000 USD worth of work toward company-owned intellectual property.

To achieve our design goals by 2012 we will hire full-time professionals and outfit our labs with cutting-edge design equipment. We estimate product development costs to total $13.5m USD.

Approximate cost allocations are as follows:
  • 72% staff salary costs
  • 3.4% staff benefits costs
  • 6% operating costs (office space, company cell phone fees, internet fees, office supplies, etc.)
  • 5.6% release server costs (5 server clusters for initial release)
  • 13% development equipment (graphic art tablets, specialized development software, motion capture equipment, etc.).
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