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.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.