Monday, January 20, 2014

Mobile Gaming Startups, China, Venture Capital

Chinese VC says mobile game investments still in early stage of a boom --

Chinese VC: Mobile game investments still in early stage of a boom | GamesBeat: " Raymond Yang, the managing director at China-focused WestSummit Capital, said today that he believes that mobile gaming startups and investments are still in an early stage, particularly in China. “The big boom trend is in the game space,” Yang said at the China 2.0 startup conference at Stanford University today. “It’s crazy. There are so many companies coming out in this space.” Yang said he is still evaluating whether market is too much of a bubble. On that front, on a scale of one to 10, he said it’s about a three. That means that it is still a ripe area where VCs can invest and get a favorable outcome."




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