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 series, and mobile developer Funzio, the creator of titles like action role-playing game 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. Find out more about his adventures at his blog, SFVC.com.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1545370,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,games,","session":"B"}']This week, GamesBeat lead writer Dean Takahashi and VentureBeat 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.
Plus:
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- Ouya explores a sale
- mobile commerce will hit $700 billion in three years, and
- the first VC firm to invest in Twitch raises a new $100 million fund.
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