Great post by Ben Holmes at Index on why the games sector is the most misunderstood within the whole of tech. Europe is well placed to build the next huge gaming company.
Despite the audience size, revenues and profits and longevity being demonstrated by the leading games companies, the valuations are actually very modest in comparison to other sectors in technology. We feel confident over time this will correct and games companies will achieve the valuations they deserve. Godzilla - with the continued uptake of mobile applications, we predict that within the next five years there will be a company within the games sector that will become so mainstream and commercially successful that it will break through the glass ceiling and earn the valuations which other leading companies in the tech sector have. Europe and the Nordics are exceptionally well placed to build this kind of company. Team quality is paramount in games development and we see the relevant talent, passion, creativity and ambition in many of the startups in the region.