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The Boston Globe discusses the state of investment in video game development, focusing on local development, but offering perspective on the industry as a whole. Word is: "According to data from PricewaterhouseCoopers, venture capitalists made 35 game software investments nationwide in 2008, for a total of $214 million. Last year, the number dropped to 25, with a total value of $153.7 million." They say that investors are less enchanted with chasing bestsellers, quoting Spark Capital general partner Alex Finkelstein saying "We don’t want to invest in hits-driven businesses." They say investors would rather fund low-cost casual games and companies that provide tools and services to the gaming industry.
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