Video Games ARE the Video Games of the Future!
No doubt, it is a hot, hot market and apparently somewhat recession proof. Video Games and, by extension, Virtual Entertainment(basically a game but based on a paradigm of experience rather than score/achievement) are a huge market with a worldwide projected value of $47Bn by 2010 under a CAGR of 14%(PwC, 2008). Great potential and a huge area for VCs to invest in. In 2008, funding alone for games & virtual worlds reached almost $1Bn from Venture & Angel sources which went into a approximately 110 firms(VentureBeat, April 26th 2009). With that in mind, it is a good market for any VC to be aware of so here are some thoughts about innovations that might make for good investments: Mobile Gaming / Wireless - not wireless game controllers, but actual wireless/mobile game versions that can be ported over to PDA/Cell device so that people can continue to play while on the subway or training to work or breaking for lunch. Packet or "chapter" technology that can allow for peo...