Gaming's unicorns.
Gaming's unicorns.
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Game One: Gaming’s unicorns led by ByteDance are worth $192.2B

The game industry has a lot more unicorns — or startups valued at more than $1 billion — than it ever did before, according to game industry advisory firm Games One. Those unicorns are now worth more than $192.2 billion.

Games One founder Evan Van Zelfden said in an interview with GamesBeat that the list of private game companies that have reached unicorn status show that there is a good pipeline of game companies headed toward initial public offerings (IPOs) or acquisitions.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.