Thursday, May 23, 2019

Shady Numbers And Bad Business: Inside The Esports Bubble

I think the line "investors love investing in unprofitable companies" hits the nail on the head here.

“I feel like esports is almost running a Ponzi scheme at this point,” Frank Fields, Corsair’s sponsorship manager, told an audience at San Francisco’s Game Developers Conference last March. He smirked. The crowd laughed uncomfortably.