This week, Lightspeed Partner Mike Mignano sits down with Moritz Baier-Lentz, Partner and Head of Gaming and Interactive Media at Lightspeed. From the world’s #1 ranked Diablo II player to Goldman Sachs banker to VC, Moritz has lived multiple lives—all shaped by a deep passion for games. In this episode, Moritz joins Michael Mignano to talk about the AI revolution in gaming: how generative tech is transforming studios, gameplay, and player experiences. They dive into what makes games work in 2025 and why the next billion-dollar games may not look like games at all.

Episode Chapters:

00:00 Introduction and Guest Overview

01:16 Moritz Bayer's Gaming Journey

02:53 The Economics of Gaming

06:28 Competitive Gaming and Personal Growth

09:32 Marathon Adventures and Life Philosophy

13:16 Venture Capital in Gaming

24:38 AI's Impact on Gaming

29:50 Future of Gaming and AI

39:40 Game Theory Podcast and Final Thoughts

Stay in touch:

www.lsvp.com
www.lsvp.com/gametheory
X: https://twitter.com/lightspeedvp
LinkedIn: https://www.linkedin.com/company/lightspeed-venture-partners/
Instagram: https://www.instagram.com/lightspeedventurepartners/
Subscribe on your favorite podcast app: generativenow.com
Email: generativenow@lsvp.com

The content here does not constitute tax, legal, business or investment advice or an offer to provide such advice, should not be construed as advocating the purchase or sale of any security or investment or a recommendation of any company, and is not an offer, or solicitation of an offer, for the purchase or sale of any security or investment product. For more details please see lsvp.com/legal.

Moritz Baier-Lentz: How AI Is Rewriting the Rules of Gaming