Day 41/60: 70% of the way there
This article is by far my favorite so far
Overview
For all my AR/VR and VC friends out there, this should be the best article you’ve read from me thus far on Builder. It’s packed with links to explore. Agenda below.
Candela Partners Investment Syndicate
Metaverse Monday Highlights
Candela Partners Investment Syndicate
I’ve been chatting with various AR/VR startups and looking for the right deal who’s ready to launch with Apple.
Seeing some awesome stuff, we plan to invest directly, and potentially syndicate🔗 online as well.
If you’d like me to take a look at your deck, please shoot an email: don@virtualrealityinvestment.com🔗
Our past investments have raised $150M+ collectively, with 4 exits.
SketchBox🔗 — Worlds leading VR training and assessment platform. Customers include US Air Force, Deloitte, 3M, and IBM.
CasaOne🔗 - Raised $77M, led by Accel Partners.
Wave.tv🔗 - Raised $65M, investors include NBA MVP, Giannis Antetokounmpo
Wescover🔗 - Led by one of the top founders I’ve spoken to, Rachely Esman🔗
Leaftail Labs🔗 — Producers of Nibblity, the easiest way to adopt an AR pet
Omnivirt - Sold to Facebook
Moblabs - Sold to Atari
Synapse - Sold to Palantir
6degrees.xyz - Sold to Niantic
AR/VR Founder Guide
Laurie and I were on the phone last Friday discussing the idea of launching a guide for XR founders to learn ‘How to Raise Capital for your AR/VR Startup.’
He suggested I post on Linkedin so we can gauge the interest… the response was more than I ever could have imagined.
We had 200+ comments and 20K+ impressions in 3 days🔗 of people asking for the guide.
So we’ve collected everyones emails and will be sending out the guide on Friday.
If you want a copy of the guide, we’ll be giving out another 25, you can request one here🔗
If you are an AR/VR founder and you’d like to be featured in the guide, email me asap🔗
If you are an AR/VR fund and you’d like to be listed in the guide, email me so I can add you asap🔗
Metaverse Monday Highlights
This weeks article🔗 was my favorite article so far. Laurie continues to crush it!
We interview an Oculus team member who worked there in 2014, he’s now taking over the China market with his #1 VR App.
The differences in market dynamics between China and USA🔗 is fascinating.
China VR is where USA VR was in 2017.. you can still make money from basic apps because there’s minimal competition
I’m also proud to say we are on track to surpass $1K in subscription revenue within our first ~5 weeks of operation
Summary
If you’re an XR founder, I’d love to chat with you about what you’re building. We are investing and supporting great founders in the space from all angles.
~Don