During 2008, over $500 million has been spent on investments in games and virtual worlds. This includes $11 million for Gaia Online who have just reduced staffing by 13%. There’s a good chance that the majority of these will run into difficulties considering the current state of the global economy, but it is an indicator that the concept of creating virtual worlds is far from dead.
The complete list can be seen at the VentureBeat website.
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