Venture Investing in Mobile Gaming

An interview with Softbank Capital Partners Craig Cooper, on the mobile gaming market and his views on investing in it…”To be honest, a lot of it is a bit of a herd mentality from the venture companies. They see some early successes, they look at the opportunities available in what is clearly a growing market with wireless, so they rush to get into the sector…By seeing [where] Jamdat is going, the venture community is looking to replicate that in the sector.”
“There’s a feeling in venture that the playing field for the wireless gaming business, at the top level, has been set and that it may be very difficult for a non-established business to raise the type of money.”

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