Greycroft | Venture Capital Funding of Game Companies

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GameMakers

GameMakers

Күн бұрын

Venture Capital has been integral to the founding and formation of some of the most successful game companies today. From Riot Games to Supercell to Electronic Arts and Twitch and Discord, many of the best gaming companies and game ecosystem companies were founded on the back of venture capital.
So how does one raise money from venture capital firms? What do they look for and how can you reach out to them? Also, how can you work in venture capital?
Today we speak to one of the most well regarded venture investment firms in the space: Greycroft.
Joe Yuan from Greycroft focuses on early stage investing and we talk to him about these issues in this video.
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Пікірлер: 6
@jonasklar
@jonasklar 5 жыл бұрын
VC funding in a nutshell: forget it if your team does not have 25+ years of experience and a few hit games or big companies in your portfolio to reference your history, long small industry history does not matter.. NO ONE will invest into new companies with people new to industry even with massive talent in production / business ideas unless they proof their their vision with their own data and solid traction and that means a game in soft launch and pretty much ready for the market.. and thats the biggest issue many fail to get to before they go broke or cant muster the resources to proof the market fit. Its all about reducing risks so if your new to the industry and even if you have everything clicking right its often not enough unless you can get big names to back you up who have the track record to proof the investment has potential and the risks are lowered as much as possible. It would be great to hear stories from people new to the industry who have managed to secure investment in a few years after establishing a studio with no prior experience and massive names behind them and see how they managed to do that.. I think there has not been many teams or companies like that since 2017 in the mobile space.. might be a seriously worthy topic for an episode!
@GameMakersDev
@GameMakersDev 5 жыл бұрын
I think you're right that a lot of venture money goes to proven teams. Having said that, I do believe that Riot and Twitch did get venture financing ahead of being fully proven. Although Riot raised some initial capital from friends and family before an institutional round if I'm remembering correctly. I'm about to go start trying to raise money myself, so stay tuned and you'll see whether I make it or fall flat on my face. Lol.
@DB009
@DB009 4 жыл бұрын
Hmm might be worth reaching out to him I have a small team and a few games were working on.
@GameMakersDev
@GameMakersDev 4 жыл бұрын
Do it!!!
@jonasklar
@jonasklar 5 жыл бұрын
Great content as always!
@GameMakersDev
@GameMakersDev 5 жыл бұрын
Thanks Jonas! Glad you like it. A ton of more stuff coming...
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