Felix joins Dot.LA to Discuss Why a Downturn in Esports Investments Isn’t Something To Fear
- Stephen Miyazawa
- Jun 8, 2023
- 1 min read
Updated: Sep 1, 2023
Last year, global venture capital investment in esports dropped by more than 40%. Investors have been rapidly selling off teams and franchises, and the industry has witnessed a consistent decline in ad spend. This has prompted many critics to coin the term “esports winter,” referring to a fall-off in the industry, an indication that VCs believe their investments didn’t achieve success as expected.