It's a misconception about indie, in indie game development there are literally 99 games that flop and die for 1 that succeeds, and you don't even hear about those that died having 100 players peak on release day.
Covid-era funding was an outlier due to everyone being stuck at home and the historically low interest rates.
The irony is the historical average for the fed-rate is 5%, which is where the rates jumped to in 2025. Companies have simply grown so accustomed to the rate being almost zero, they're like a pet that acts starving despite being regularly fed.
At this point I'd like to hope they'll invest in stuff again, but it seems like they have no interest until the fed-rate is below 1% again.
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u/Pleasant_Expert7329 15h ago
Honestly I feel like that’s just the gaming industry in a nutshell