The Gaming Industry’s Money-Maker
October 22, 2015
Industry Guru and General Partner of London Venture Partners (LVP) Paul Heydon has recently published an interesting blog post about how Europe is the best place to invest in games, and holds the most valuable developers over the past three years. While we object to being bias (Paul is a good friend and LVP is an investor of ours), we have to agree with him.
*Graph taken from LVP
Paul claims that there has been $33.8 billion of value created globally over the past three years across the game sector from Acquisitions or Initial Public Offerings. A whopping 50 percent (or close to) of this value was created by games companies in Europe, notably from Softbank's acquisition of Supercell, Zynga's acquisition of NaturalMotion, and Microsoft's purchase of Mojang.
Money and statistics aside, we couldn’t be happier being based in Europe, Berlin specifically. Not that we’re against living somewhere else, in fact, a bunch of the Klang Gang have lived and worked outside of Europe. We can’t speak for the whole continent of Europe; it’s a bold move to do so! But Berlin is great for us. It has a thriving game scene, a reasonable cost of living, and a network of inspiring people.