The DeanBeat: Is it a golden age of gaming when everything gets funding?

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This week was a microcosm of the game industry’s continuous expansion. And it makes me think of the dream of a golden age of gaming.

ProbablyMonsters, a startup game publisher run by former Bungie CEO Harold Ryan, announced that it had raised $250 million to continue to fund multiple triple-A games at once. Jon Goldman’s Tower 26 raised a $50 million fund to fund virtual reality games and other immersive content. Meta’s VR division announced new titles like a Ghostbusters VR game.

Raph Koster and Eric Goldberg raised $25 million for Playable Worlds to build a cloud-based sandbox massively multiplayer online role-playing game. Former Bungie and ArenaNet developers raised $22 million at One More Game to build a strategy game called Spellcraft. And MetaVRse unveiled plans to build a metaverse shopping mall with 100 floors and 100 million virtual square feet of space.

And Amy Hennig, co-creator of the Uncharted games, is now at Skydance with her own game studio, working on both a Marvel game and a Star Wars title. And 20-year-old Habbo, now owned by Azerion, announced it was going to open a non-fungible token (NFT) hotel later this year. If we expand our scope to just a longer time frame of the past year, we’ve seen some amazing moments like the launch of Unreal Engine 5,Facebook’s pivot into the metaverse, Nintendo’s Switch becoming the biggest selling console of all time,

It seems like every corner of gaming is getting funding. That raises the question about whether we’re in a golden age of gaming, predicted long ago by Kleiner Perkins’ Bing Gordon, because just about every game project can raise money. Or is