The year is 2029. A rogue and non-copyright protected artificial intelligence system has gained sentience and launches an Oedipal war against humanity, its creators. Our best hopes for survival lie in the child-prodigy gamers of yester-year, trained for maximum lethality in combat, vehicle operations and strategy thanks to high-performance computing servers which cuts latency to never before seen levels. This is the story of those servers.
Zynga (ZNGA.Q), the mobile video game developer, is a terrible investment. The sort of large company that only stays large because it’s large to begin with, thereby attracting dumb investment from institutional folks who buy the things they see mentioned on CNBC, Zynga made US$280 million in revenues last quarter, dropping a net loss of US$70 million.
AMPD Technologies, Enthusiast Gaming (EGLX.V), Riot Games, Louis Vuitton and the dawn of e-sports investing
For many people of my vintage, the concept of being entertained by watching other people play video games is confounding.
Esports isn’t coming, it’s already here. With players making millions playing their favorite game, the constant jabbering of parents telling their kids to shut off the video game and go outside, now seems counterproductive to a successful life.
In 2015, when we started this outfit, our business model was to steer clear of conventional wisdom and the same old pubco marketing techniques, and instead focus on rich niches.
I’m about to land at the next Cambridge House extraordinary Future investor conference this week, with more speaking events than I honestly know what to do with. Part of the reason why they’re being tacked on is because we here at Equity.Guru have spent the last year telling you virtual reality/augmented reality is coming to the public markets, and it’ll be big when it happens.
Online gambling company The Stars Group Inc. (TSGI.T) fell nearly 10% yesterday, and closed today at $36.63 (off another 2%), as the street was unimpressed with yesterday’s earnings release.
Mining is for old guys. It’s for grey hairs, for folks who understand geology, for those who don’t care about the environment and the future… also, it’s for 8-year-olds and 18-year-olds and girls and nerds and smart-mouthed high-pitched Estonians who make liberal use of their Xbox microphone and swear words we stopped using years ago.