Why @obsdmd is 100% user-supported and not backed by VC investors: 1. We want to stay small, we don't need to hire lots of people 2. We follow strict principles that we do not want compromise 3. Our users are happy to support us, we don't need VC money Obsidian... See more

Despite skepticism, gaming is big & rapidly growing: $152bn and ~10% CAGR. Netflix said “We compete with (and lose to) Fortnite more than HBO”. Very few business models work in gaming other than simply building successful games: most of the money in the industry stays with the game developers/publishers and the major gaming/streaming platforms.

Investors consider the gaming industry unpredictable: building a “hit” game is a mixture of art/magic, a bit like investing in movies.

Fortnite had a number of rare attributes. It was the first mainstream AAA game that could be played on any nearly major gaming device globally, including two generations of PlayStations and Xboxes, the Nintendo Switch, Mac, PC, iPhone, and Android. The title was also free, which meant players didn’t have to buy multiple copies to be able to play on... See more