This is a guest post by Peter Zaborszky who founded Renegade Games Ltd in 2008, and received an investment from Fubra subsequently. This is an update on how the business is doing right now.
2012 bought a lot of changes to Renegade Games. While the website Top100arena revenues increased quite considerably, I decided not to develop any online games any more. The vision of SimRepublic that I wanted to create was too large for a small company like Renegade Games, either more capital was needed or a lower quality game, neither of which was an option.
After a lot of thinking about the project (the SimRepublic idea goes back to when I was 16), I decided to stop development on it, since there is a difference between never giving in, and never giving in despite overwhelming evidence you should.
Building a game that goes viral is a lot harder than I thought!
The story is positive from here though, as the change has bought some great changes to the company. After looking at possible websites to buy, and a deal to buy a price comparison site falling through, I decided I would create price comparison and review websites, and after some detailed searching I found a new industry, online backups, that needed a high quality comparison website, and also has the potential profitability for a review website to function (via adverts and affiliate sales).
After working on this backups site for a few months now, I’ve learned a lot about building these sorts of site, and I’m getting close to having a format that I can potentially replicate for other niches, which means I can scale the business. I’ve already started working on the VPN and Webinar industries, but these sites aren’t ready yet.
I’ll probably need to change the company name soon!
The site was launched 4 months back with about 12 reviews of online backup providers, and has since grown to over 50 services reviewed, with another 50 articles added that were category specific, for example how to back up your mac online, or linux etc etc.
Online backups are a fast growing industry, there are probably 60-70 major services currently, and this is growing by about 10 companies every year. It’s becoming hard for people to choose a service, which is why I decided to create a review website. These companies all offer different amounts of space, different features, and for a different price, so for someone to choose the right one, they might need some help. That’s where the website comes in, it has detailed reviews of around 55 services now, and the category specific articles I talked about.
Since it’s a growing industry, I’m hoping it will be a very lucrative industry to be reviewing. The site has grown nicely and has been featured on several large blogs, the proudest of which was MacTrast, where we have guest posted twice!
BestBackups had its first profitable month in January, and is showing signs of growth from here on!
Any opinions about the new site is highly welcome!