21 min

Yuga Labs’ pivot, indie game surge, Snap’s murky future Games Growth with Upptic

    • Marketing

In this episode, meet Unity’s new CEO, understand what the layoffs at Yuga Labs mean, how small indie developers are continuing to see outsized success, and whether Snap’s earnings and revenue trends are really all that. We dive into the growth potential of Unity, the limitations of web3 IP in attracting mainstream audiences, the explosive rise of small game development teams, and the performance of Snap in different markets.

Takeaways

Unity has appointed a new CEO, Matthew Bromberg, as the company undergoes a company-wide reset.

Yuga Labs, known for its NFT collections, is pivoting away from gaming and back to metaverse.

The value of Web3 native IP in gaming is questionable, as it may not attract mainstream audiences.

Small indie game developers are achieving significant success with the aid of new tools and strategies.

Snap reported growth in revenue, ARPU, and DAU, with significant growth coming from outside North America.

Snap’s performance as an advertising platform may be declining, as it seems to charge advertisers more and give less.

Chapters


00:00 – Introduction
01:02 – Meet Unity’s new CEO – will he turn things around?
03:26 – Yuga Labs’ pivot hints at web3 IP weakness
10:34 – Small game teams continue to win big in 2024
15:28 – Snap’s 2024 Q1 report hints at murky future
20:12 – Closing and sponsor message

In this episode, meet Unity’s new CEO, understand what the layoffs at Yuga Labs mean, how small indie developers are continuing to see outsized success, and whether Snap’s earnings and revenue trends are really all that. We dive into the growth potential of Unity, the limitations of web3 IP in attracting mainstream audiences, the explosive rise of small game development teams, and the performance of Snap in different markets.

Takeaways

Unity has appointed a new CEO, Matthew Bromberg, as the company undergoes a company-wide reset.

Yuga Labs, known for its NFT collections, is pivoting away from gaming and back to metaverse.

The value of Web3 native IP in gaming is questionable, as it may not attract mainstream audiences.

Small indie game developers are achieving significant success with the aid of new tools and strategies.

Snap reported growth in revenue, ARPU, and DAU, with significant growth coming from outside North America.

Snap’s performance as an advertising platform may be declining, as it seems to charge advertisers more and give less.

Chapters


00:00 – Introduction
01:02 – Meet Unity’s new CEO – will he turn things around?
03:26 – Yuga Labs’ pivot hints at web3 IP weakness
10:34 – Small game teams continue to win big in 2024
15:28 – Snap’s 2024 Q1 report hints at murky future
20:12 – Closing and sponsor message

21 min