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This is exactly why I don't understand why people buy publicly traded video game stocks. Nintendo, I can understand. They're a platform company. Their ability t

by PakG1 11y ago

This is exactly why I don't understand why people buy publicly traded video game stocks. Nintendo, I can understand. They're a platform company. Their ability to make money depends on overall industry trends and the ability of other companies to do the heavy lifting of outputting hits. Although even they're a bit strange in that they depend a lot on a portfolio of homegrown titles. But normal game companies? Especially casual game companies? Do people really have that much faith that Candy Crush and the like is more than a generation's flash in the pan like Tetris, Pogs, or Tamagotchis?

dragonwriter 11y ago
> Do people really have that much faith that Candy Crush and the like is more than a generation's flash in the pan like Tetris, Pogs, or Tamagotchis? No, but people have faith (quite often irrationally so) in their own ability to time the market, and be able to exit at the right time.
yomly 11y ago
I'm not sure I am comfortable with Tetris being lumped with the other fads named here...
- mr-ron 11y ago
  It was a one hit wonder hit, which is what OP was referring to.
  - quicklyfrozen 11y ago
    Tetris, having sold more copies then the next 9 top games combined, across multiple platforms and many years, is certainly not a "flash in the pan".
    - PakG1 11y ago
      Fair enough, but I think Candy Crush and others have reached that status too, no, across multiple mobile platforms? My point is that although Tetris is an undeniable classic much cooler than Candy Crush, it didn't cross generations very well.
bsbechtel 11y ago
I think this is where crowd-funding can be a better platform for main street investors interested in this space than the stock market. Investing in a game idea that you like helps the game get made, but if it's a runaway hit, as long as there's a mechanism to distribute the cash windfall to those crowdfunding investors, it seems like a much better option than trying to grow to IPO only to burn out a few years later.

by PakG1 11y ago

dragonwriter 11y ago

> Do people really have that much faith that Candy Crush and the like is more than a generation's flash in the pan like Tetris, Pogs, or Tamagotchis? No, but people have faith (quite often irrationally so) in their own ability to time the market, and be able to exit at the right time.

yomly 11y ago

I'm not sure I am comfortable with Tetris being lumped with the other fads named here...

mr-ron 11y ago
It was a one hit wonder hit, which is what OP was referring to.
- quicklyfrozen 11y ago
  Tetris, having sold more copies then the next 9 top games combined, across multiple platforms and many years, is certainly not a "flash in the pan".
  - PakG1 11y ago
    Fair enough, but I think Candy Crush and others have reached that status too, no, across multiple mobile platforms? My point is that although Tetris is an undeniable classic much cooler than Candy Crush, it didn't cross generations very well.

bsbechtel 11y ago

I think this is where crowd-funding can be a better platform for main street investors interested in this space than the stock market. Investing in a game idea that you like helps the game get made, but if it's a runaway hit, as long as there's a mechanism to distribute the cash windfall to those crowdfunding investors, it seems like a much better option than trying to grow to IPO only to burn out a few years later.