A recent story in the Washington Post examined the challenges facing the esports industry from an investment standpoint. Authored by Esports and the Law Editor in Chief Ellen Zavian, a frequent contributor to the Post, the article begins by painting a picture of how “investors are flooding the video game market with money at a record rate during a pandemic-inspired boom.
“Some, unfamiliar with the gaming world and eager to follow suit, may be tempted by impressive numbers and projected growth, rather than the core product in which they’re investing. In the modern video game industry, there are crucial distinctions between various properties that should guide where they sink their money.
“For example, outsiders to gaming and gaming culture are often confused about esports and how it fits into gaming as a whole. The distinction is important; it’s the difference between investing in an established, soaring industry and a nascent one still looking for secure footholds on its ascent.”
The full article can be viewed at https://www.washingtonpost.com/video-games/esports/2021/04/12/esports-investments-spacs/