That model works until you have one mediocre or poor selling game, then you’re out of business. The security added by investors providing money beyond the immed

That model works until you have one mediocre or poor selling game, then you’re out of business. The security added by investors providing money beyond the immediate 1-2 game horizon gets you out of this cycle a bit. Of course it brings other problems with it related to game quality and decision making processes designed to satisfy shareholders instead of the audience, all of which is to say there are significant trade offs with either choice.