Q1 revenue up 41%, exceeding expectations; company raises 2021 revenue outlook to $1 billion SAN FRANCISCO, Calif., May 11, 2021 - Unity Software Inc. (NYSE: U), the world s leading platform for creating and operating interactive, real-time 3D content, today announced results for the first quarter ended March 31, 2021. Our first quarter results are reflective of the powerful transition from linear 2D to real-time 3D, which is one of the most important changes in how people interact with technology, said John Riccitiello, President and Chief Executive Officer, Unity. We believe that real-time 3D will continue to grow at an accelerated pace and achieve massive scale. Unity is the world s leading platform for creating and operating interactive, real-time 3D (RT3D) content. With Unity, creators have the tools to become RT3D creators. Creators, ranging from game developers to artists, architects, automotive designers, filmmakers and others, use Unity
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In this article, we will take a look at the 10 best virtual reality stocks to buy. You can skip our comprehensive analysis of these companies and go directly.
VanEck Vectors Video Gaming and eSports ETF (NASDAQ:
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My reasoning was simple: The Covid-19 pandemic would get worse before it got better, which meant that “gamers” would be spending even more time than usual playing video games.
That thesis played out almost exactly as I anticipated except that the pandemic lasted much longer than I imagined and the video-gaming stocks soared.
Although I recently advised taking profits on ESPO, I don’t believe the long-term investment potential for the video gaming sector is over.
Video-gaming stocks might take a breather for a while, but they could still deliver exceptional gains over time.
Provided by Dow Jones
By Eliot Brown Nearly a decade ago, venture-capital firm Sutter Hill Ventures made a small wager on an idea for a cloud computing services company, helping found and fund Snowflake Inc. The bet paid off: Last month, Sutter Hill distributed a profit of nearly $12 billion on the less than $190 million it ultimately invested, as it transferred its shares in the company to its investors and partners, marking one of the most profitable investments ever in venture capital. The venture sector has long been defined by big wins on disruptive tech companies, balanced by far more numerous losing bets. But in recent months, an unusually large number of venture investments have logged multibillion-dollar profits, setting many firms up for their greatest returns since the dot-com boom of the late 1990s.