…and a little end of 2008 Virtual Worlds, State of Play… it has been suggested several times recently that games & social virtual worlds especially will really suffer in this economic downturn and may not survive. Which leads to the point of this post to put things in a little perspective.
IS THERE REAL INVESTMENT?
First lets look at investor confidence in them. From Virtual Worlds Management Reports there was $1 billion US invested in 35 virtual world companies between Oct 06-07 – and since Oct 07 to the present day there has already been $918 million trusted to the success of this particular industry. This breaks down roughly as:
- Q3 08 – $148.5 million invested in 12 VW companies
- Q2 08 – $161 million in 16 VW companies
- Q1 08 – $184 million in 23 VW companies
- Q4 07 – $425 million in 15 VW companies