GS on eSports8 May 2018 03:58
eSports -- professional video gaming -- has over 350 million viewers worldwide, an audience base on the cusp of rivaling (and surpassing) that of more traditional favorites like NBA basketball. In the latest episode of our podcast Exchanges at Goldman Sachs, we sit down with Ryan Nolan, global head of digital gaming in Goldman Sachs' Investment Banking Division, and his colleague Moritz Baier, a former eSports athlete and a top-ranked global champion of Blizzard's Diablo II game. While Nolan says professional video gaming has already come a long way from the initial skepticism of traditional sports fans and the financial community, there's still more runway for eSports' rise. "I think the entire ecosystem is going to enjoy richer valuations, greater monetization opportunities and broader reach with time," Nolan says.
Listen to podcast
http://www.goldmansachs.com/our-thinking/podcasts/episodes/05-07-2018-ryan-nolan.html?cid=eml-np-briefings-briefings-textlink-201801--
As Startups Take Share, M&A Heats Up
The trend of young, emerging brands taking market share from larger enterprises is playing out in the deal-making environment as established companies snap up technology-driven companies, says Jane Dunlevie of Goldman Sachs Investment Banking "From 2016 to 2017, the scale of these transactions accelerated, with more than four times the dollars spent, and multiple deals over a billion dollars," she says, up from a handful of transactions under $500 million a year earlier. "At the center of all of these themes is the data that underpins both the better consumer experience and the success of these brands."
Trek. Bring on the billions!
Sign In
Follow the stocks
