Epic Games, the company known for Fortnite has received $ 1.25 billion from seven investors: KKR, ICONIQ Capital, Smash Ventures, auxiomatic, Vulcan Capital , Little Perkins and Lightspeed Venture Partner. This move places these investors alongside Tencent, Disney and Endeavor as minority shareholders in Epic Games.
While investments such as these serve to secure the future of Fortnite and Epic Games overall, it is unclear will have direct impact on the game itself. Tim Sweeney, founder and CEO of Epic Games, said of the partnerships:
We look forward to working with the best minds in the finance, sports and entertainment industries. This reinforces Epic's leading position in real-time 3D technology and accelerates our ability to improve the way people play, work and interact with the world.
Fortnite is rapidly accepting mainstream popular culture from Nerf weapons and board games to clothing and collectibles, many people have referred to the game as a fad. You predicted that we look back on parents hiring Fortnite tutors as bizarre signs of the times.
But with weekly updates and more free content coming to Fortnite It's hard to imagine that the franchise will soon disappear again. Especially in view of the location, it is developing in the world of esports.
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