What VCs Don't See: Why We're Bullish on Gaming Startups

You might be wondering why VC firms don’t focus on lower-risk, lower-return companies. Instead of looking for a rare 10x, why not look for ten, 3x deals with more certainty? That idea is interesting in theory, but startups die for a million different reasons—co-founder conflict, founder loss of interest, departure of a co-founder, losing a key cust

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crypto will unlock a paradigm shift in gaming. Though it’s still unclear what exactly that shift will look like, I believe that, in the short term, we’ll see earn-first crypto games like Axie and Zed Run create a black hole by onboarding players using financial incentives. Supplementing this growth will be guilds and DAOs on the periphery. In the m... See more

Music and film, but also print publishing, magazines, and cable television, similarly face high and increasing production and marketing costs, strongly seasonal patterns, long development cycles, and hit-driven economics (more on this later). To understand how interactive entertainment has managed to grow so prosperously, we need to take a closer l

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The gaming ecosystem is extremely tight-knit, and companies need to have a strong understanding of and connection to publishers, distributors, and organizers in order to maximize opportunities in the space.