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The a16z Show

New Business Models for Gaming, Collaboration, Creativity

The a16z Show

a16z

Software Eating The World, Technology, Innovation, Science, Disruption, Culture, Entrepreneurship, Business

4.21.2K Ratings

🗓️ 28 September 2019

⏱️ 42 minutes

🧾️ Download transcript

Summary

The biggest shift in gaming happened with the combination of cloud, social, and mobile. As with all great tech shifts, though, it's really the underlying business models that really create new startup opportunities. With blockchain technology and cryptoeconomic business models, what becomes possible in gaming?

Transcript

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0:00.0

The content here is for informational purposes only, should not be taken as legal business,

0:05.3

tax, or investment advice, or be used to evaluate any investment or security and is not

0:10.0

directed at any investors or potential investors in any A16Z fund. For more details, please

0:15.3

see A16Z.com slash disclosures.

0:18.7

Hi, everyone. Welcome to the A6 and Z podcast. I'm Sonal and today, general partner Chris

0:23.8

Dixon and I are chatting with Kevin Chu, CEO and founder of Forte, which is focused on building

0:29.6

a more collaborative future for gaming by realigning the economic relationship between players

0:35.1

and developers and others. Kevin was formerly CEO of Cabam,

0:38.5

which was an early leader in online and mobile gaming before it was acquired. So he's seen it all

0:43.5

when it comes to the major shifts in gaming from then to now and what's coming next. So today's

0:48.9

episode covers everything from what those platform shifts were and are to what it means to evolve the business models for

0:56.2

gaming, specifically coming to and from the idea of free to play. And we also touch on where

1:04.0

blockchain and crypto economics come in. But first, we begin by quickly touching on Kevin's

1:08.8

early history in gaming and especially what changed during the first decade of the aughts.

1:13.6

I started playing games on my dad's 8086.

1:17.8

And so back then there was no hard drive.

1:19.7

You had to load in the floppy disk and change the config.cys files to make sure everything all worked properly.

1:25.3

So I started, you know, playing games on PC.

1:29.9

And, you know, fast forward.

1:32.0

I played games all throughout college and started playing some competitive games.

1:37.4

And then in 2006, I ended up starting a cabam.

1:41.2

And at that time, the world was moving from going to the store and buying a copy of a

...

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