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Real revenues dropped 12% since 2021, investor funding fell off a cliff and then smashed through the ground like Wile E. Coyote, paid user-acquisition got stupi
by rkrigney 3y ago
Real revenues dropped 12% since 2021, investor funding fell off a cliff and then smashed through the ground like Wile E. Coyote, paid user-acquisition got stupid-expensive due to regulatory changes, inflation screwed up everything, then interest rates rose faster and higher than most people expected, all while the market got overcrowded.
See charts inside. Matthew Ball’s new essay convinced me things are worse than they seemed: https://www.matthewball.vc/all/gaming2024 https://www.matthewball.vc/all/gaming2024
- jruohonen 3y agoThat was a good explanation. Indeed, perhaps not seeing the forest from the trees when looking from the consumer side. As for the practical advice, I'd perhaps add diversification so that you can move to another segment, non-game if needs be, temporarily.