Convertible Notes and Startup Funding
February 12, 2025
An annuity, just like a perpetuity, is a shortcut used while making present value calculations. Unlike the perpetuity, which is very difficult to find in real life, we find examples of annuity all around us. The monthly mortgage payments we make, the car loan or student loan that we pay off are all annuities. Annuities […]
Step-up bonds are special types of fixed income instruments. They help investors partially offset the risks of rising interest rates. This is because when investors invest in a bond, they typically lock in an interest rate. If the interest rate rises beyond that number, then the investors are at a loss because their money has […]
In the previous two articles, we have already established that the sporting industry has this unique practice of recognizing human players as intangible assets on their balance sheet. We also know that the value of these intangible assets is also routinely amortized just like other intangible assets. In short, the player contracts are treated exactly […]
Nickel Shortage During the 1970’s, nickel was in extremely short supply in the world. This is because Canada was the largest supplier of nickel and there were certain supply issues with the Canadian nickel. On the other hand, the demand for nickel was booming given the Vietnam War which was underway. Therefore, as a result […]
Accounting has been hailed by many as the “language of business”. There are many quotations like “A pen is mightier than the sword but no match for the accountant” by Jonathan Glancey which tell us about the power and importance of accounting. The text book definition of accounting states that it includes recording, summarizing, reporting […]
The gaming industry is notorious for being full of fads. Games tend to become popular very soon. However, their popularity dwindles at a greater pace as the next attraction hits the market. This is the reason that gaming customers have been known to be fickle and inconsistent. As a result, building a multi-billion dollar in the gaming industry was thought of as being an impossible task. Epic Games has changed this perception.
Epic Games is valued at over $30 billion making it one of the most valuable organizations in the history of the gaming industry. This valuation has led to criticism from many investors who believe that such high valuations are not justified for a gaming organization. However, the stellar success of Epic Games continues to break through preconceived notions.
In this article, we will have a closer look at how Epic Games has changed the nature of the gaming industry. We will understand how Epic Games has created innovative ways to monetize the gaming industry.
The gaming industry is one of the most fiercely competitive industries in the world. Developers all across the world continue to launch games continuously. Hence, developing a sustainable enterprise in such a market was never an easy task.
Epic Games was able to achieve this breakthrough with their revolutionary game “Fortnite”. Fortnite can be considered to be the most popular game of the past decade. There are more than 200 million people across the world who play Fortnite regularly. The reasons behind the success of Fortnite are many. Some of the important ones have been listed below:
Over the years, Epic Games has created several different revenue streams. These revenue streams have allowed the company to earn revenues of more than a billion dollars. Some of the ways in which Epic games makes money have been listed below:
The bottom line is that Epic Games has completely transformed the entertainment industry. It can be used by other entrepreneurs as a case study to understand how a company can create a sustainable brand name and enterprise in a highly fragmented market.
Your email address will not be published. Required fields are marked *