Investors pour $161 million into 16 virtual worlds in second quarter
Google blessed the virtual world market with its own entry yesterday. But it is hardly alone. Investors poured $161 million in 16 virtual world companies in the second quarter, according to Virtual Worlds Management.
The investments help put the launch of Lively by Google into perspective. Lively is more like a virtual room business rather than a true virtual world. There is a ton of competition in a market that has had only a handful of… Continue Reading