DAVE SAID: "NextPlanetOver.com's funds have been raised 100% from outside the comics industry."
The question was 'who are the investors?'
DAVE SAID:"And I'm not sure what you mean by an "edge" for Geppi or Diamond if we go public?"
I think one of the things many comics industry mavens are worried about, is that Diamond will succeed in leveraging its Direct sales monopoly to end up owning the 'Connect Sales' market. If that sounds paranoid, it is a Pavlovian form of paranoia, i.e. learned from very real experience;-)
NPO's exclusive deal with Diamond does look like a first step in a direction that (historically) leads to Diamond or Geppi taking control of NPO. Some scenarios anyone who experienced the last 10 years in the comics business could imagine (I'm sure others can amplify with scenarios of their own):
*NPO, with Diamond's exclusive, builds up its business so it is the 'Amazon.com' of comics, then goes public. Does Geppi have an option on shares? With insider knowlege of the offering could he go in and scoop up enough shares to put him in the driver's seat?
*NPO runs into trouble. Geppi does exactly what he did with AnotherUniverse.com and takes control of the company for its debt to Diamond.
*Geppi makes you guys and your backers an offer and buys NPO lock stock and barrel.You guys walk away rich men (maybe) and the rest of the comics industry is still in a straightjacket.
Also: You didn't address my question about the possibility of hundreds of little internet retailers competing with you.
Rick VeitchInvites You To Read THE DAILY RARE BIT FIENDSupdated every day along with news of the world's most popular artform! THE COMICON.COM DAILY SPLASHis always refreshing! www.comicon.com/splash