VC investments have long been a key funding resource for fledgling startups – including indie game studios and companies promising innovative solutions for the games industry. How much of an impact has VC funding had on the games industry, though? Are VC investors directing the trajectory of the space with their money – either directly or indirectly?
We sit down with a16z Games Partner Josh Lu and Storygrounds Co-Founder and CEO Andrew Green to discuss VC funding’s impact on gaming. a16z Games is part of the Andreessen Horowitz venture capital firm – focused specifically on games. Josh, who has been in the games industry for more than a decade at places like Blizzard Entertainment and Zynga, is a program lead for the firm’s SPEEDRUN accelerator program. Storygrounds is a platform that lets you build webcomics together. Andrew not only heads up the work at Storygrounds as its Co-Founder and CEO, but is also an angel investor and advisor with a rich history in the games industry.
Together, with these two games funding experts, dive into the current state of the industry, developments such as the crypto crash and Apple’s VR headset, technological advancements, investor-founder relationships, and the future of the gaming industry as well as how VC funding will impact it.
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