Notch is no longer funding Psychonauts 2

PSYCHONAUTS

Notch, the creator of the bestselling indie game Minecraft just announced on his official Reddit account he won´t fund Tim Schafers Psychonauts 2 as planned. When Notch planned to fund Psychonauts 2 he thought the game would need around 2 million US dollars, which it would earn back easily, but it later turned out Psychonauts 2 would actually need 18 million dollars. Notch did not expect the funding to require this much money so he had stop funding it. Tim Schafer, the founder and chief executive of Double Fine confirmed this by stating: “Yeah, I think I gave Markus a heart attack when I told him how much Psychonauts 2 would cost,”

You can read Notch´s statement below.
“I somewhat naively thought “a couple of million” was two million. I had no doubt in my mind that a Psychonauts 2 would earn that money back easily. Turns out they wanted 18 million dollars, haha. I don’t have the time at the moment to even try to get educated enough to make an eighteen million dollar deal. Perhaps in some distant future when I’m no longer trying to make games, I could get into angel investing. I’ve made one private investment into a game so far, at 100k, and it’s frankly a lot more work than I thought.”