I receive a lot of inbound communication from investors seeking exposure to gaming and esports (for the purposes of this discussion, I will consider the esports sector to be all encompassing of gaming, esports, and adjacent markets). The esports industry is hot right now, and many investors feel like they are missing out. When they look for investment opportunities, often it becomes clear, there is not an ample supply of investment opportunities in esports.
As a new VC, I often ponder the investment theses that drive other, more established investors. I look at their clear focus, specific direction, and well-articulated investment goals with a bit of envy. I’m not sure how other investors were able to develop their strategies. However, I wanted to share my thoughts on why Deep Space Ventures has thus far primarily focused where we have. We are a seed and series-A investor and we started out with a B2B focus (which we still have) and we have recently started building a portfolio, and a thesis around the Esports space as well. If you’re a founder in one of these spaces with a seed stage business, then we want to meet you.