Sunday, October 15, 2006

Got any good Online World Ideas?

Here's your shot. We talk a lot around here about the next step in online worlds. Well here's a VC (venture capitalist) who is looking for pitches:

The Next Massively Entertaining Idea

The Investor: Bill Gurley, general partner, Benchmark Capital

What he's backed: Linden Lab, Shopping.com, Zillow.com

What he wants now: The next massively multiplayer online hit, whether it's built around a core game like World of Warcraft or a virtual community like Neopets. "Anything," Gurley says, "where people are entertained massively together." Benchmark has placed some big bets in the MMO sector, including Linden Lab, maker of Second Life, and Sulake, which runs Habbo Hotel, a game site geared for teens. "I think we're far from finished in this space," Gurley says. "There is a lot of room for new ideas going after different areas of interest."

Gurley will not hazard a guess on what demographic could be ripe for the next MMO hit. "These things are like catching lightning in a bottle," he says. "There's an element of game design and social curiosity that you have to get just right."

What he'll invest: $5 million for a working game or site that shows MMO growth potential. "It's so hard to predict what will take off," Gurley says, "that it's easier to pay more for something that's further along."

Send your pitch to: bgurley@benchmark.com

This is no joke folks - there's huge opportunity in this space!

1 Comments:

Blogger Lucas Johnson said...

I think a good idea is a virtual world that encourages and rewards progressive political action in the real world.

6:43 PM  

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