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In the end, funding is what makes or breaks your indie game project. In this VB Live event you’ll learn from leading industry pros how to find and win investors, alternative sources of support and more. The money is out there — register now to learn how to find it.
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2021 was a record year for game industry investing, with game deals topping $85 billion across 1,159 announced or closed deals. This year has already surpassed that record, with more than $107 billion worth of total investment deals in the first six months of 2022 alone.
But as money pours in from all sides — from players, esports viewers, individual investors, mergers and acquisitions, growth funds and more — it’s still hard for indie games to get noticed and get the support they need in an increasingly competitive market, says Owen O’Donoghue, co-founder and CRO of InfiniGods. That’s especially true as interest in Web3 innovations accelerate.
“My sense is that in the coming year, VCs are going to become more conservative in terms of what they invest in,” he explains. “Growth funds will look more and more for real traction from any companies they plan to invest in. It may not mean less funds investing, but they’re less likely to take a risk on a pure idea.”
In the mobile game space, VCs are going deeper into practical considerations, and want to see more progress, including a minimum viable product, user engagement, proven monetization, potential to scale and more. However, the strength of the development team is becoming increasingly central to a company’s pitch.
Investors are looking for experience in the industry, such as whether they’ve been able to scale a business (especially if it’s a game company), and their
Read more on venturebeat.com