Episode 19: IDG Ventures' Phil Sanderson on investing in games

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Phil Sanderson, a game-savvy partner at IDG Ventures, has been investing in games for a long time. He has invested in companies such as Telltale Games, the maker of the acclaimed The Walking Dead episodic adventure game series and mobile developer Funzio, the creator of titles like action role-playing gname Crime City. He looks at lots of potential game deals but invests in just a few every year.

Plus: Ouya explores a sale, mobile commerce will hit $700 billion in 3 years, and the first VC firm to invest in Twitch raises a new $100 million fund.

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