When making investments on the Good Shepherd Investment Portal you will be investing in individual game projects under the same contractual terms as Good Shepherd, Devolver, (and often our individual founding partners).
You are investing through a contract with the Publisher (Royalty Purchase Agreement) to share in royalties generated from sales of a specific project, for a period of 5 years. Be aware you are not making an equity investment in the development studio itself, but in the specific project you have chosen.
First Priority: Investors in Good Shepherd games enjoy a Preferred Return.
Second Priority: After the Preferred Return is satisfied, the proportional Royalty Rates between investors, publisher and developer are paid.
You can find the Projected Return information for each title at the bottom of the cash flow projections schedule.
Project investing requires three simple steps:
Your investment may be used for Development/Production, Testing/QA, Language Localization, PR Marketing activities.
Projects requiring development funds are advanced to the Game Studio upon approval of Milestones by Good Shepherd Producers. Milestone approval generally means the developer is reasonably on schedule and delivering the various assets of the game as agreed to and to our Producers' satisfaction.
Prior to releasing the game, capital is used for language localization, testing and pr/marketing activities. In some cases, preliminary marketing and PR can begin as early as a year ahead of the expected launch date.
You can make investments for the projects that are under the header New Projects at the New Projects Page.
Funded Projects are closed for investment because they are already a 100% committed/invested. We will reach our when new projects are added to the platform so you don’t miss any opportunities.
All the information for the financial projections can be found at the bottom of the Project Page for each title. This table of information illustrates projected Investor Economics for the game. Click on the section headers to find more information on how the table works.
The financial projections provided are for illustration purposes only and most certainly will vary from actual results. Investors should not rely on the projections to make an investment decision.
You will receive the initial Preferred Return payout approximately 90 days from the date in which the title is released for sale. Up to 100% of available proceeds from sales are paid to investors until the Preferred Return is satisfied. Subsequent payouts are accrued quarterly or until sufficient capital is accumulated to justify a payout.