What’s shaking my lovelies,
Welcome to Finance Friday. Here we cover a story happening in the tech industry, and what you can learn from it. This will help keep in touch with the industry, spot relevant trends, and learn about different aspects. As developers trying to improve their performance and careers, knowing what’s happening will help you a ton.
Today’s post will cover the acquisition of Zynga by another Gaming giant, Take-Two. This story is pretty interesting as an indication of the tech industry and economy in general. This consolidation will be worth 12.7 Billion USD. Yikes.
Understanding the Players
Zynga is a mobile gaming giant. They are responsible for hits such as Farmville, Words with Friends, and many more. The Covid-19 Pandemic saw the company go on an absolute tear, but experts were sure that the company would be on a downswing given the loosening of regulations. This caused a pretty steep drop in their shares.
Take-Two is another legendary game maker. They focus mostly on PC and consoles, churning out icons like the GTA franchise. One thing is clear, both companies are major players.
The bigger trend
Earlier on, Microsoft bought Activision for 10 Billion USD. We will undoubtedly see a lot more money being thrown around as companies consolidate and try to get a bigger share in the gaming market. Investments like Facebook Gaming, Google Stadia, and other platforms further point to this trend.
However, focusing on just gaming would be focusing on the tree and missing the forest. The real trend is leisure. Look at all the money being thrown into TV Series, Streaming, Short Form content (YT Shorts, IG Reels, TikTok), etc. As our work weeks get redefined, and people get more free time, people will spend more time on leisure activities. This will bring a lot more money into that area.
How can you capitalize on this
The simplest answer is to become a creator. Unfortunately, not all of us are creatively blessed. And this is a coding newsletter.
What we can do is learn the relevant skills to profit off this growth. The way all these digital platforms make money is through scale. Topics like information encoding, digital system design, AI/ML, Math, and bit streaming will make you a lot of money. Pick one and start mastering it. If you’re interested in Machine Learning/Math then you lucked out, because that happens to be my specialty. Use the linked article to get started. A premium subscription to this newsletter will help you build a strong foundation for whichever topic you want to master. Get a 30-day free trial here.
That’s about it for this email/post. If you come across any interesting stories, feel free to reach out to me using one of my social media links. Would love to talk to y’all about it.
In the comments below, share what topic you want to focus on. I’d be interested in learning.
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Happy Prep. I’ll see you at your dream job.
The grooviest
,
Devansh <3
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