- ARPDAUPosted 3 years ago
- What’s an impressive conversion rate? And other stats updatesPosted 4 years ago
- Your quick guide to metricsPosted 4 years ago
More alpha-male investors throw money after tournament gaming
Titan Gaming just has just raised $1m from a bunch of angels for its tournament gaming platform.
Broadly speaking, all investors are hyper-competitive alpha-types (whether male or female) and they assume that all gamers are hyper-competitive too.
This is not true. Farmville is not about competition. Sure, some people play to beat their friends. But others play to socialise, to nurture, to build community or because they feel social obligations to keep playing.
But it’s not about competition.
Tom Jubert put it well over at the GameShadow blog when Tournament.com went bust, saying:
In an FPS, as some investors may not realise, success if heavily based on skill. That means if you’re a loser, you’re a loser – there’s no chance of ever making it big. As a result, the weaker players don’t bother, while the stronger have no one to compete against.”
I wish the team at Titan well, but I fear that they are in for a rocky ride.