Why are Tech Companies Chasing Gamers?

Gaming is a massive, often overlooked market, which has been popping up in headlines, and has a sizable presence in greater Seattle.

To put the magnitude of games in perspective, the highest grossing movie of all time is Avengers: Endgame, which generated ~$2.8 billion of revenue. The popular Grand Theft Auto V has generated over $6 billion in revenue, and despite being a 6-year-old game, recently had its best week ever thanks to elements that were added recently – an in-game casino.

Over the next few years, gaming is going to heat up in the same way that every major media company is now jumping into streaming video. So what are the key things to watch, and what is noise? Here are the top three trends to watch in gaming right now.

Click here to read more on Geekwire (where this post was published!)

 

Julie Sandler Named Partner at Madrona Venture Group

Firm also promotes Daniel Li to Senior Associate

SEATTLE, WA – January 12, 2017 — Madrona Venture Group, an early-stage venture capital firm based in Seattle, today announced the promotion of Julie Sandler to Partner and Daniel Li to Senior Associate.

Sandler has led investments in several companies including Integris, Poppy, and Julep, serving on boards across the Madrona portfolio as a board director and observer. Sandler is a prominent voice in the Pacific Northwest startup ecosystem supporting entrepreneurs, founders and students.

“Julie is invaluable to our team. Her strategic, analytical and passionate approach makes her a champion for entrepreneurs and at the same time a steward for our investors,” commented Tim Porter, managing director, Madrona Venture Group. “She dives in and does everything it takes to help founders succeed, and this hands-on approach exemplifies what we strive for in all our companies. She embodies the Madrona culture, and we are excited to recognize her with this promotion.” Continue reading “Julie Sandler Named Partner at Madrona Venture Group”