Image Credit: VentureBeat
Phil Sanderson, a game-savvy partner at IDG Ventures, has been investing in games for a long time. He has invested in companies such as Telltale Games, the maker of the acclaimed The Walking Dead episodic adventure game series and mobile developer Funzio, the creator of titles like action role-playing gname Crime City. He looks at lots of potential game deals but invests in just a few every year.
He’s also an ultramarathon runner with seven 100-mile races under his belt — and he started his entrepreneurial career as a young boy by buying up silver coins from local banks and then reselling them at a profit.
This week, GamesBeat lead writer Dean Takahashi and VB editor-in-chief Dylan Tweney chat with Sanderson about the game industry, where the growth is, and why so many VCs are reluctant to invest in game companies.
- Ouya explores a sale
- mobile commerce will hit $700 billion in 3 years, and
- the first VC firms to invest in Twitch raises a new $100 million fund.
You can subscribe to What to Think on iTunes. Or you can listen to Episode 19 on its own in the player below:
IDG Ventures is a global network of venture capital funds with approximately $3.7 billion under management and a portfolio of over 220 companies built over the last 15 years. The IDG Ventures network is comprised of six independent par… read more »
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