Everything Clinton Foy said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Y Combinator is disrupting venture capital by flipping founder supply and demand
“I think it will. We're starting to see that happen with Y Combinator. There was a great article I just read Profiling Sam Altman in the New Yorker, and I respect what Y Combinator has done, and I'm a big fan of what they've done over the last three to four yea…”
Esports team franchises could reach billion-dollar valuations over time
“I think the prize pool isn't in and of itself a billion dollar outcome, but I think owning and operating and growing an esports team and a franchise and a platform could potentially be a multi-hundred million dollar or even a potential billion dollar outcome o…”
Esports will supplant some traditional sports, though basketball and soccer will survive
“And I think that that demographic is going to supplant some traditional sports. And I think some are going to survive. I think, for instance, basketball and soccer are two very healthy international sports that are going to do very well.”
VCs blocked Clinton Foy from investing in Oculus's angel round
“I tried to get in on the angel round of investment in Oculus right after their Kickstarter. I thought, well, I'm the COO of Square Enix, this two billion dollar company. Surely I can get in. And I talked to the lawyers and talked to some of the people doing th…”
Aggressive, short-term VCs eventually get forced out of the ecosystem
“I don't I think it's a market of bullish predators because I think those bullish predators get forced out of the system. I think you can be a short-term predator, but to be a good VC, I think you have to be an excellent long-term actor.”
VC remains inefficient, letting investors win deals on relationships over price
“I see VC as being one of those last industries, one of those last categories that's inefficient still. And what I mean by that is it's not like the public markets where the highest bidder is always going to win. I think VCs through relationships, through vario…”
League of Legends finals drew 36 million viewers, topping the NBA Finals
“Thirty-six million people watch the League of Legends finals this last year. That's bigger than the NBA finals.”
The average MLB fan is 54, with viewership dropping 3-4% annually
“If you look at, for instance, baseball. Baseball, the average fan of baseball is about 54 years old and male, and aging every year. The average demographic increases every year, and that, that, that fan next year will be 55, and it's decreasing on a viewership…”
Major game publishers did not foresee the rapid rise of esports
“I don't think that Riot Games and Valve are And Activision Blizzard were really conscious that esports was something that was growing so big over the last five to 10 years.”
Esports viewership and engagement are growing 20% to 30% per year
“But you're seeing things like eSports increasing 20 to 30% per year in viewership and engagement, and you have this amazing demographic of 14 to 24 to 34 year olds who are just starting to change viewing habits in a pretty fundamental way.”
The intersection of VR and esports is three to four years away
“I just think that the intersection of VR and e-sports is still maybe say three to four years off.”
Crosscut Ventures evaluates 3,000 deals annually to invest in 10 to 12
“We saw over 3000 deals this last year, and of those 3000, we met with 400 of them face to face, brought them into our office, and you know, we only ended up investing in about 10 to 12 of them.”
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