a16z Podcast 16 Minutes on the News: Fortnite, Esports, Gaming, and Entertainment
Aug 4, 2019
In this discussion, Andrew Chen, a general partner at Andreessen Horowitz with expertise in gaming and consumer trends, shares insights into the thrilling rise of esports. He highlights the impressive $3 million win at the Fortnite World Cup and its impact on youth culture. The conversation explores how games like Fortnite have transformed into social platforms, rivaling traditional entertainment. Chen also delves into the evolution of gaming into a spectator sport, blending physical and digital experiences for unique fan engagement.
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Esports and Entertainment
- Esports is the most visible part of gaming's rise as major entertainment, comparable to TV and movies.
- This is evident in the long lifespan and high revenue of games like League of Legends.
Why Esports Now?
- The rise of esports is linked to increased video streaming and accessible gaming platforms.
- Kids growing up with immersive games might not find static 2D feeds as engaging.
Future of Social Networks
- Children raised on interactive games have a different baseline for social interaction.
- Future social networks might resemble Minecraft or Fortnite more than current feed-based platforms.