What happened
>>740547147Google "interest rates"
>>740547147Goymers failed NFT
>>740547147The gaming market became too saturated and breaking in is too risky.Gaming has peaked (as an investment).
>>740547147>Wow so many people are playing video games during covid we need to invest in it>Wait a second this shit isn't making money (return to normal in the chart)>Actually we should put this money into AI, that'll make games on its own insteadDon't personally believe the last part but ever since that mindset came in practically all video games stocks have crashed
>>740547147Gaming industry is more risky than Hollywood right now. If you flop, you don't get to write your failure off as a tax deduction, you're going to go into generational debt
>>740547548The covid boom was doomed to burst the moment the lock downs ended. Anyone investing over such a temporary thing was stupid
>>740547147covid bubble, the same reason why everything else is crashing
>>740547147Turns out paying 150k/year to californians to work on indie pixelshit is the same as pissing 150k down the drain
>>740547147The basic issue is that video games are less profitable now post pandemic.
All of the ESG investments failed massively so actual investors are hesitant. Video games are perceived as more risky than they truly are because rich woke activists have been polluting the industry with poisonous politics and bombing their profits. Other investors look at the numbers and go "I might as well put it in stocks" because the numbers all say investing in video games is almost certainly a bad call. They're going to be slow to understand it wasn't video games that are bad investments; it's woke video games that are bad investments. Investing in good video games is no riskier than it was 10 years ago.
>>740547147all I see in that picture is the covid bubble
>>740547147Course correction
>>740547147Why would you fund a gaming startup when you could fund an AI startup and 10x your investment instantly?
>>740547147I don't see a problem. There was a retarded covid spike and then a return to normal. 2025 is YTD, its not a full year on that chart.
>>740548617By 2019 I had thought we already reached peak gaming (pandering to normalfags), turns out I was wrong and covid forcing everyone to become neets was the final pump and dump
Return to monke?
The video game industry is probably the most pointless industry to invest money in. Like why would you bother over putting into shit like the Pharma industry or AI?
>>740550529>>740550847Remind me again why you're not rich. You're too late to invest in AI. The bubble is going to burst for 95% of these companies and be eaten up by two.
>>740547246fpbpinterest rates going up means that there's safe places to put your money and get decent returns compared to when it's 0%
>>740547147>What happenedGame sales went up during COVID lockdowns which produced good sales numbers and lead to speculation into game developers. After that game sales crashed as people ran out of money for entertainment and western devs started feeling the go broke part of going woke. That lead to investors pulling out in anticipation of a crash while moving the speculation money into AI and data centers.
>>740551029The government is gonna bail them out.
