Minimum expected ROI?

Hello,
I've a game project and have been in contact with an industry expert. He finds the project very impressive (including our past, the skilled team, the current game prototype, and the business plan). But he said I've no chance to get funded because the 100% profit (ROI) in my business plan is too low for investors. He said investors want at least 3-5 times ROI.
Is this true? I heard there are more levels of funding (angel, seed, venture capital etc.). Is 300%-500% profit (ROI) necessary everywhere?
The funding need is 1.8 million USD in the business plan.
I've a game project and have been in contact with an industry expert. He finds the project very impressive (including our past, the skilled team, the current game prototype, and the business plan). But he said I've no chance to get funded because the 100% profit (ROI) in my business plan is too low for investors. He said investors want at least 3-5 times ROI.
Is this true? I heard there are more levels of funding (angel, seed, venture capital etc.). Is 300%-500% profit (ROI) necessary everywhere?
The funding need is 1.8 million USD in the business plan.
Sign In or Register to comment.
Comments
Reliable Web Hosting from $1/mth
https://www.owebhost.com/