Moritz Baier-Lentz - VC Insights in the Gaming Industry
Naavik Gaming Podcast
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The Importance of Gaming and Esports in Goldman Sachs
The business of competitive video gaming is a small fraction of the overall business of gaming or business of gaming content. I think for us at Goldman it was huge because even though it was such a small industry, we were the first ones to publish a 50 page report on the ecosystem and the business of esports. We got an early footing and then in 2017 the professional league started forming around league of legends and overwatch. There was a lot of institutional interest, family office interest and investing in these teams which now needed $20 million to pay for their medallions. So our timing to lean into this in 2016 and have our name and our materials out there was big. And ultimately a lot of
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