Funding for games plummets 60% - MCV

Funding for games plummets 60%

Author:
Publish date:
4_Money_a.jpg

"In the last four or five months there has been a collapse in venture capital and, more broadly, private equity funding for privately-held games companies." That's the view of a leading investment analyst. What's going on?

Games Investor Consulting's director Nick Gibson has expressed a belief that venture funding for the industry is in collapse.

Read the full story over on MCV's sister mag Develop.

Related

2_Nick_Gibson.jpg

Funds and Games

The games industryĆ¢??s historic resilience to recession and its apparent imperviousness to the current turmoil in the financial market have been debated far and wide.