John Taylor Quotes on Investment (3 Quotes)

There's no question that in 2002 and 2003 that a lot of investment went to later-stage companies because they entailed much less risk.

There's been a lot of hand wringing going on because of what the cost outlook is for game development for the next set of platforms. I think there's a growing feeling that in order to build and launch a game you're going to have to start at the 20 million mark - 10 million to build the game and 10 to launch it with a big splash. In order to be able to make any money on that kind of investment, you either have to assume some substantial unit numbers, which are hard to do in the first year or two of a platform's existence, or you've got to raise prices.

There is a piece of real estate in the household that is increasing in value - and that's the place right above or right below the TV set. It sounds to me like Microsoft sees this as strategically important enough to them that they are willing to make the investment.