£8m to launch wincashlive!!!!!!!

[steveh31]

Seriously they have raised £8m to set Wincashlive up.:mysmilie_466: WTF £8m for a tv camera, some simple graphics, a telephone number and some employees, they didn't even need to spend on the set it was already there. What on earth cost them £8m?

Win Cash Live, founded by serial entrepreneur Ashley Faull in 2014, has raised £8m to fund its initial launch. Faull sold UK broadcaster Sit-up Ltd to Virgin Media for £194m in 2004 and been involved in more than 20 TV channel launches, including The Discovery Channel Europe, Bravo and UK Gold.

 

[bilky asko]

The £8m won't have all been spent yet. They won't be expecting to be making money right from the start, so a significant part of that investment will be tiding them over to profitability.

The costs you've missed will include the Random Number Generator, the licensing costs, and some way of ensuring that they could pay out if someone were to win thousands.