The DeanBeat: Has the game industry hit its peak with crazy valuations or just begun its growth?

Posted byby Dean Takahashi
February 12, 2021
Updated June 18, 2025
7 min

Money is pouring into the game industry, and I’m not just talking about GameStop’s crazy stock rise. I wrote about this last week, and now I find I have even more to say about this. I’ve been debating with myself and others about whether the market has gone crazy or if the game industry deserves all of the growth it has seen during the pandemic.

I moderated a panel this week about this subject at the WN Winter ’21 conference. Our speakers included Elena Egorova, the director of corporate development at Enad Global 7 (owner of Daybreak); Andrey Iones, the chief operating officer at Embracer Group’s Saber Interactive; and Sergey Evdokimov, an investment associate at MyGames and the cofounder of InvestGame.

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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.