Why One VC Firm Thinks ESports Is The Industry Of The Future
In a time when TV ratings are dropping for a number of different sports, eSports is on the rise. Millions of people tune in to watch gamers compete online to the tune of millions of dollars. That economic potential is grabbing the attention of VC firms like Accel.
Vas Natarajan, Partner at Accel, explains why the company sees so much potential in the eSports space. He says that he doesn't see eSports' growth slowing any time soon.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
