Tuesday, March 7, 2017

Mixed reality arcades are the next big market opportunity — but not for VCs

LOS ANGELES, CA - JUNE 15:  Attendees participate in VR virtual reality during E3 Electronic Entertainment Expo 2016 at Los Angeles Convention Center on June 14, 2016 in Los Angeles, California.  (Photo by Daniel Boczarski/WireImage) Mixed reality arcades can be a huge boon for VR adoption, and I’m confident there will be profitable ventures created in these immersive arcade experiences. But the path to profitability will be a long one. Because VCs typically shy away from capex-intensive industries, I don’t see VCs as the right backers to see these exciting experiences to market. Read More

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