According to a couple of sources the Shanghi Youth Daily is reporting that the Chinese government is about to invest $1.8 billion in on-line game development. And for that money I’d move anywhere.
Reports suggest that the cash will fund 100 games.
Question - is money like this a good thing for the industry? OK, 100 is a round figure no doubt plucked from the air – but are there 100 good ideas out there, if there are, is there 100 x the talent base needed to make them happen.
Many argue that the current VC / publisher system promotes the safe and mediocre, but, in this case, does the market act as an editor?
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