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NeoGAFs Kent Brockman
Skybound Opens Itself to Public Investments
Skybound, the publisher of the acclaimed Walking Dead and Invincible graphic novel series, announces that it is currently looking for new investors.
gamerant.com
The Walking Dead publisher Skybound Entertainment released a YouTube video on January 23 announcing its call for investors. The company is still private, so shares won’t show up in the stock market. Instead, investors can buy company shares through the online investment platform Republic. The minimum investment is $500, and over 4,600 investors have already jumped at the chance, contributing well over $11.8 million. Skybound claims to have made over $5 million in revenue over the last 12 months, according to its listing on Republic, so it’s fair to say that Skybound’s search for investors is starting on the right foot.
Skybound’s announcement video focuses on the reasons to invest, including their hit comics and TV shows, 12 Walking Dead games, multiple Invincible games in development, and an extensive library of other intellectual properties. Skybound CEO David Alpert also said that opening the company to investment lets “superfans” connect with Skybound in a more direct sense. However, as Skybound and Republic’s legal disclaimer warns, investments are always a risk, and there is a chance that investors might never get their money back. “Superfans” and other prospective investors should consider seeking financial advice before jumping in.