Startup Funding Espresso -- Coronavirus Economy Trends -- Sports
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In the Coronavirus lockdown we\u2019re seeing trends that will establish the next cycle of startup innovation. While physical events for esports have been cancelled and future events may be postponed, in general, esports continue with online activity. Online competitive gaming will continue to accelerate through platforms such as Twitch. Online access provides more opportunities to engage the audience and allow for audience communication with each other.\xa0 Startups in this area will find investor interest if they provide the following: Physical arena sports such as football, basketball and baseball will go on hold with esports taking over as the audience moves to online viewing. Imposed quarantine has increased consumer play time.\xa0 Software development for games carry on with remote workers. While already underway, there\u2019s an accelerating shift to online sports. Some sports programs such as Formula One are creating virtual events to showcase their events. We may see traditional sports teams in football, basketball and baseball launch a virtual version of their team to continue to play in the rapidly-growing esports market.\xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group