Investments in VG Startups Down in 2009

Investments in VG Startups Down in 2009

December 23, 2009

Industries immune to the economic downturn were few and far between in 2009 and, unfortunately, videogame startup companies dependent on venture capital were not one of them.

Venture Beat reports that funding was infused into 97 videogame startups in 2009—to the tune of over $600.0 million—respectable figures, but well off of 2008 figures. 2008 tallied a little over $936.0 million in startup capital for 112 companies, meaning 2009 was off about 36.0 percent.

The year-over-year drop would have been much worse (55.0%) however if Zynga had not raised $180.0 million in a deal earlier this month.

Averages were also down: in 2008 the average capital raised was $8.3 million per company; in 2009 that figure dropped to $6.2 million.

Venture Beat goes on to list all 97 companies and their dollar amounts raised, where known. The top 5 were Zynga, Playdom, Smith & Tinker, PopCap Games and Zula.

ECA IconA PUBLICATION OF THE ECA RSS IconSUBSCRIBE User LoginLOGIN / REGISTER

Crispy Gamer




       

GamePolitics ShoutBox

Posted 03/22/10 at 09:50am
Valdearg: @DS: Lol, I see we were thinking the same thing in the Stabbing article..
Posted 03/22/10 at 09:45am
Valdearg: Forgive me, Zip, for saying this, but I highly doubt your ability to read and comprehend the legalese they use in the HCR bill. The meaning and effect of the various sections is hard to understand for college educated Americans, let alone anyone else.
Posted 03/22/10 at 09:39am
ZippyDSMlee: Vlag:I been reading it on and off..its a half assed feel good bill....they may be able to fix it in time but good lord its a mess but I guess thats reflected in the government itself....
Posted 03/22/10 at 09:18am
DarkSaber: So your whole objection is based around "I don't want my free handouts to be affected"
Posted 03/22/10 at 09:18am
Valdearg: @Zip: I think you probably should understand what's in the bill before you pass judgement on it..
Posted 03/22/10 at 07:37am
ZippyDSMlee: ds:ha! BY THE TIME THEY GET THIER BENFITS i WONT HAVE ANY LEFT!! :p
Posted 03/22/10 at 07:02am
DarkSaber: for it to cost YOU personally zippy, you'd have to actually be paying taxes instead of sponging benefits.
Posted 03/22/10 at 02:42am
ZippyDSMlee: Like most train wrecks it wont help people much and cost us more in the end than what we would benefit from it.....
Posted 03/22/10 at 02:37am
TBoneTony: Great to see MA go to the back bench in SA, hope that new AG is more ballanced
Posted 03/22/10 at 02:36am
TBoneTony: Oh there it is
Posted 03/22/10 at 02:36am
TBoneTony: Shout is not working for me at the moment
Posted 03/22/10 at 02:34am
SimonBob: (Would you like to rent our Green party? We're not doing anything with it.)
Posted 03/22/10 at 02:31am
SimonBob: hey america: I was watching CNN earlier, and I was thinking, you guys could use a third party.
Posted 03/21/10 at 10:12pm
Valdearg: They beat the parliamentary trick. The senate bill is officially law, pending the President's signature. Now they vote on the fixes to that bill, in the next 15 minutes or so.
Posted 03/21/10 at 10:04pm
gellymatos: Vald: No worries. I do it all the time. Trying to break the habit.
Posted 03/21/10 at 10:01pm
Valdearg: @Gelly: Sorry for jumping to conclusions, LOL.. I guess I read your text in a depressed voice in my head. :D
Posted 03/21/10 at 10:00pm
Valdearg: I'm staying up late, watching CSPAN and MSNBC, and cheering each and every democrat victory.
Posted 03/21/10 at 10:00pm
Valdearg: Yes indeedy. Even Abortion rights got gutted. Obama's going to pass an EO ensuring no federal funds are used for abortions.
Posted 03/21/10 at 09:59pm
gellymatos: Vald: Who said I didn't like it? I'd get a drink out if there wasn't anything where I am at.
Posted 03/21/10 at 09:59pm
gellymatos: Vald:Well, pretty good day, wouldn't you say?
Login or register to post shouts