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Does Avatar represent the future of movies? Maybe not
Can't wait to see what Ohai comes up with!
Also, of course games are a Hollywood, hits-driven business. The reason Blake was successful on Facebook was that he was able to quickly iterate & modify game engines (witness Vampires begets Zombies). Analogy: small, indie films. Putting all their wood behind just one massive game environment sounds a very risky business model and strange that the normally conservative August Capital would bite at this.
Note, Susan came from Charles River Ventures but why didn't they choose to invest? Kinda concerning...