VR

also referred to as: virtual reality

31 statements across 28 episodes · 11 bullish · 12 bearish · 27 people on the record · first statement Jun 1, 2015 by Jason Calacanis · across every show →

Everything said about VR, oldest first

Jun 1, 2015 bullish
Prediction Not checkable as stated
Jason Calacanis: VR will succeed in video games, adult entertainment, and education
“So I think that stuff is really going to work for video games and adult entertainment, and it could work for education.”
Jason Calacanis Jun 1, 2015 ▶ 41:32 Jason Calacanis: The World's Greatest Angel Investor
Jun 29, 2015 neutral
Disclosure
General Catalyst Had Only Made One VR Investment by Mid-2015
“VR is not a place where we have made a ton of investments yet as a firm. We have one investment on the West Coast,”
Spencer Lazar Jun 29, 2015 ▶ 19:21 20 VC 049: VC is Getting Younger with Spencer Lazar @ General Catalyst Partners
Feb 24, 2016 positive
Disclosure
Boost VC Focuses Its Accelerator Investment Program on Blockchain and VR
“We're not, Going global, we're bringing people to the United States in order to train them in specific industries such as blockchain and virtual reality is where our focuses have been.”
Adam Draper Feb 24, 2016 ▶ 4:30 20VC: Investing In The Next Frontiers Of Tech & Harry Potter with Adam Draper, Founder & CEO @ Boost VC
Mar 2, 2016 bullish
Prediction Not checkable as stated
Mobile photo swiping will look primitive compared to VR social by 2021
“I actually, I'll go on record and say, I think in three to five years, and maybe even sooner, we'll look back and laugh at how we thought swiping through pictures on mobile or looking at photos on the internet was social networking.”
Jim Scheinman Mar 2, 2016 ▶ 7:23 20VC: Building a Game Changing Consumer Startup and Hunting His 4th Unicorn with Jim Scheinman @ Maven Ventures
Jun 6, 2016 bullish
Opinion
Bijan Sabet favors VR over AR as an investment sector
“Yes. I mean, yes. If I have to pick one, I pick VR over AR, but AR, AR is certainly interesting.”
Bijan Sabet Jun 6, 2016 ▶ 20:25 20VC: Spark's Bijan Sabet on Investing in Twitter, Tumblr and Foursquare & Why First Time Founders Are So Exciting
Jun 8, 2016 bullish
Prediction Didn’t hold up
Hyatt in 2016: VR Will Reach Mass Market Adoption Within a Year
“Post six months to a year, I think we'll see it going mass market as the right amount of content comes into the market.”
Nabeel Hyatt Jun 8, 2016 ▶ 22:52 20VC: Spark's Nabeel Hyatt on Investing in Oculus and Cruise & What It Takes To Invest Ahead Of The Curve
Jul 22, 2016 bullish
Prediction Partly held up
Helgason: Augmented reality will be massive and almost entirely business-focused
“It's going to be massive. It's going to be massive in a very different way. Whereas VR, I think, is all entertainment. Business users that are sort of entertainment-like, you know, kind of looking at products and things like that. Whereas AR, AR is going to be…”
David Helgason Jul 22, 2016 ▶ 13:00 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Jul 22, 2016
Assertion Not checkable as stated
Helgason: VR ecosystem is one-thousandth the size of mobile
“Even if you're really generous with VR, you know, it's something like one, 1000th of the mobile ecosystem, right?”
David Helgason Jul 22, 2016 ▶ 11:55 20VC: Unity 3D's David Helgason on Building a $bn Business, Getting Funded By Sequoia and Powering The Pokemon Revolution
Jul 27, 2016 neutral
Prediction Not checkable as stated
Flynn: AR/VR apps need time before building substantial businesses
“And it'll probably be some time before those applications really emerge. There'll be some time before you get enough of an installed base to build you know, big enough business. There'll be some time before those enabling technologies mature and harden such th…”
Sean Flynn Jul 27, 2016 ▶ 14:32 20VC: Mythbuster: Is Mobile Dying? Is AR/VR Overhyped? Is The Excitement Around Bots Justified with Sean Flynn, Partner @ Shasta Ventures
Sep 7, 2016 neutral
Opinion
DeMarrais: VR Will Transform Collaboration But Not Replace Traditional Media
“I think it's a game changer for collaboration and workforces. I think it's an extension of entertainment for people. I don't buy in that, you know, VR is going to be a replacement for movies or television or books.”
Brett DeMarrais Sep 7, 2016 ▶ 23:05 20VC: What Is Wrong With The VC Industry, Why VC Is A Customer Service Game and Why Car Ownership Will Be A Thing Of The Past with Brett DeMarrais, Partner @ Ludlow Ventures
Sep 9, 2016 bullish
Prediction Partly held up
Giphy will expand GIFs into virtual reality, smart glasses, and paper
“GIFs in virtual reality, GIFs in your glasses, GIFs outside of computers, GIFs on paper. You know, a whole new kind of search engine that no one's ever seen before, where everything moves, which resembles all of life. Just think of what you look at in the worl…”
Adam Leibsohn Sep 9, 2016 ▶ 25:18 20VC: Giphy's Adam Leibsohn on From Being Homeless To Founding a Multi Hundred Million Dollar Startup & The Challenges of Creating One of The World's Largest Search Engine
Nov 2, 2016 neutral
Prediction Not checkable as stated
The intersection of VR and esports is three to four years away
“I just think that the intersection of VR and e-sports is still maybe say three to four years off.”
Clinton Foy Nov 2, 2016 ▶ 20:47 20VC: Why You Have To Be A Good Long Term Actor To Succeed in VC & How Owning An Esports Team Could Be A $Bn Outcome with Clinton Foy, General Partner @ Crosscut Ventures
Jan 23, 2017 negative
Prediction Not checkable as stated
Lilly: Virtual reality and augmented reality will not merge over time
“Oh, yeah, I don't think so. I think a lot of people think they will. Good odds that I'm wrong, but I really think they're just different use cases. I think that the idea that you're putting on a headset to get away from the world is quite different than AR, wh…”
John Lilly Jan 23, 2017 ▶ 18:31 20VC: Greylock's John Lilly on How Greylock Continues To Invest In The Next Big Markets, The Importance Of Building Tribes & Why There will Be Another Boom In Mobile
Mar 17, 2017 bearish
Prediction Not checkable as stated
Chou: VR content companies will struggle until installed base hits 10M-20M
“Until there's 10 to twenty million of installed base, you know, I think the content companies are going to struggle.”
Kevin Chou Mar 17, 2017 ▶ 22:44 20VC: Why Success in Gaming is Like Success in VC, The Key To Building An Enduring Game & Why Few Metrics Matter in Gaming with Kevin Chou, Founder & CEO @ Kabam
May 1, 2017 bearish
Opinion
Stebbings: VR is an isolating experience that detracts from social togetherness
“I joined Mitch Lasky at Benchmarks of the World in being very anti-VR. It's some of the very best innovations of the last decade have been those that fundamentally bring people together. And VR for me is an isolated experience that detracts from a feeling of s…”
Harry Stebbings May 1, 2017 ▶ 24:23 20VC: Explosion of First Time Funds, Only 1 Mega Fund Raised: What The Heck Happened in Q1 Venture Markets with Beezer Clarkson, Managing Director @ Sapphire Ventures
May 29, 2017 bearish
Opinion
Stebbings: VR hype is unjustified and consumer adoption is far off
“A theme that I would say is justified heat is enterprise machine learning, and then I would say unjustified, I would say VR. I think Oculus has created disproportionate excitement around the space that is It's infinitely further away than we think would be min…”
Harry Stebbings May 29, 2017 ▶ 16:28 20VC: Kleiner Perkins' MZ Zaveri on Why Success In Venture Is About The 3 F's, How VCs Can Manage Deal Heat & Is There Too Much Venture Dollars At Seed
Jun 12, 2017 bearish
Opinion
Kevin Rose: Virtual reality is a passing fad
“I've always disliked virtual reality. I've never been a fan of it. I wrote a blog post on a medium here, I guess a year and a half, two years ago about just virtual reality being a fad.”
Kevin Rose Jun 12, 2017 ▶ 11:41 20VC: Kevin Rose on Putting The Entire Fund Into Uber, The Future For Mobile & Whether Angels Should Have Super Pro-Rata Rights?
Jul 19, 2017 bullish
Prediction Not checkable as stated
VR is a next-generation platform that will blow everyone's mind
“It is an earth-shattering experience, and we're in the early innings of it. It is truly Extraordinary, life-changing, and it's a next-generation platform. Things that are going to, the amazing things that entrepreneurs are going to do in VR are going to blow e…”
Jason Pressman Jul 19, 2017 ▶ 22:39 20VC: Why It Is BS That You Never Regret Paying A High Price To Get Into A Good Company, Why There Are Only 2 Price Points That Work in SaaS and Why eSports Will Be Bigger Than Traditional Sports in 5 Years Time with Jason Pressman @ Shasta Ventures
Aug 23, 2017 bearish
Opinion
Goldberg: Esports and VR are overhyped in media
“Overhyped, I think, has been esports and VR, too, but definitely esports.”
Alison Goldberg Aug 23, 2017 ▶ 19:25 20VC: What Are The Big Questions Entrepreneurs & VCs Must Ask Corporate VCs, Why Corporate VCs Are Not Your Best Lead For Series A & Why The "You Have To Network Your Way To Us' Is Wrong with Allison Goldberg, Managing Director @ Time Warner Investments
Oct 16, 2017 negative
Prediction Not checkable as stated
VanDevender: VR will repeat the mistaken belief that physical location doesn't matter
“I think we're sort of poised to make that same mistake again with virtual reality.”
Aaron VanDevender Oct 16, 2017 ▶ 23:52 20VC: Founders Fund's Chief Scientist on Why AI Is Mostly A Scam, Why The Value of Large Datasets Is Mostly Overplayed & The Societal Effects of 4m Truck Drivers Being Unemployed with Aaron Vandevender
Jan 26, 2018 bearish
Opinion
Neil Young: Consumer VR suffered from overhyped short-term expectations
“I think early stage consumer VR has been suffering from that now for the last couple of years, and in the long run, VR may be a very, very powerful platform, but it may not quite fulfill the potential that those early stage Contributors and developers thought …”
Neil Young Jan 26, 2018 ▶ 8:19 20VC: How To Analyse Platform Shifts Effectively, The Effects Of Not Having Free and Open Distribution & The Right Way To Think About Board Composition with Neil Young, Founder & CEO @ N3twork
Jun 18, 2018 bullish
Prediction Not checkable as stated
Taneja: AR, VR, CRISPR, and crypto reach iPhone moment in 3-5 years
“If you think about all the technologies that are in development today, like AR, VR, genomics, and things like CRISPR, if you think about blockchain and cryptocurrencies, these technologies are also being developed on and approaching their iPhone moment, so to …”
Hemant Taneja Jun 18, 2018 ▶ 8:35 20VC: General Catalyst's Hemant Taneja on Why We Are In A Golden Age For VC, Why Pro-Rata Is A Lazy Posture and Why He Does Not Focus On Price
Oct 1, 2018 bearish
Opinion
Kaden: Voice and VR remain far from consumer adoption tipping points
“There are new platforms if you think about something like voice or VR, but we're pretty far from those consumer adoption tipping points, or so it seems.”
Rebecca Kaden Oct 1, 2018 ▶ 7:04 20VC: USV's Rebecca Kaden on Whether Venture Returns Can Be Made At Scale In Consumer Today & How To Navigate Consumer Investing In A World of Amazon
Jan 15, 2019 bearish
Disclosure
Destin: Avoided VR Investments Due to Unpredictable Market Timing
“I haven't done a ton in VR because I find it insanely difficult to predict when that market's really going to take off at scale.”
Fred Destin Jan 15, 2019 ▶ 9:23 20VC: Stride's Fred Destin on The Acceptable vs Non-Acceptable Risks When Investing, How Startup Founders Can Improve The Quality of Their Decision-Making and Must Play for Batting Average & Why Plans Do Not Matter and No Board Member Should Bash An Entre
Feb 8, 2019 bullish
Prediction Not checkable as stated
Midha: Winning spatial computing platforms will bridge AR, VR, web, and mobile
“The companies that will end up building massive standalone businesses here will figure out how to leverage the uniqueness of AR and VR and iOS and web and Android to give multiple viewers different viewing perspectives and interactions with the same content.”
Anjney Midha Feb 8, 2019 ▶ 27:55 20VC: What Makes The Best Venture Firms Today So Special, The 3 Structural Impediments That Face Venture Today and Why The Debate on AR vs VR is BS with Anjney Midha, Founder & CEO @ Ubiquity6
Feb 8, 2019 positive
Insight
Midha: Real-time 3D multiplayer worlds are the true spatial computing revolution
“My belief is the real revolution that's happening here is in real time, three D rendering and in multiplayer Real-time three D worlds.”
Anjney Midha Feb 8, 2019 ▶ 26:56 20VC: What Makes The Best Venture Firms Today So Special, The 3 Structural Impediments That Face Venture Today and Why The Debate on AR vs VR is BS with Anjney Midha, Founder & CEO @ Ubiquity6
Sep 28, 2020 neutral
Opinion
Palmer Luckey: AI Is Not a Natural Outgrowth of VR or AR
“Artificial intelligence is not a natural outcropping of virtual reality or augmented reality.”
Palmer Luckey Sep 28, 2020 ▶ 9:12 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach
Mar 7, 2023 negative
Assertion Not checkable as stated
Schultz: Facebook Branding Prevented VR Innovations From Building Corporate Value
“All the innovative stuff that was going inside the company was really being blocked from flowing to the company brand. Because when people saw the company brand, they were so dominated by the name that defines social media that if we're doing something really …”
Alex Schultz Mar 7, 2023 ▶ 33:12 Meta CMO Alex Schultz: Competing Against TikTok & Snap; Why Reels Failed at First | E985 · 20VC with Harry Stebbings
Mar 7, 2023
Insight
Schultz: Big Strategic Tech Bets Cannot Be Decided by Data Alone
“In startup mode, you actually have to take a lot more bets without certain data. As a mature company, there are some massive bets you should make. Reels, virtual reality, where it turns out you're going to take a big risk to do that bet, but it's the right thi…”
Alex Schultz Mar 7, 2023 ▶ 15:28 Meta CMO Alex Schultz: Competing Against TikTok & Snap; Why Reels Failed at First | E985 · 20VC with Harry Stebbings
May 29, 2024
Assertion Not checkable as stated
Schroepfer: Meta's 2013 thesis predicted computing moving to AR, VR, AI
“Our analysis was, no, it's gonna both be more integrated into my real world, you know, smart glasses and immersive in VR, and it's gonna be smarter. It's gonna be AI.”
Mike Schroepfer May 29, 2024 ▶ 21:55 Mike Schroepfer: Former Meta CTO on "Why The Best Leaders are Like Music Conductors" | E1158 · 20VC with Harry Stebbings
Sep 1, 2025 negative
Opinion
Frosst: VR headsets will fail mass adoption due to real-world isolation
“And I think, you know, I was really excited about VR for a while. And then I realized I actually don't want to strap a computer to my face. I'm not interested in being disengaged from the world more. I want to be engaged in the world more than I am. I don't wa…”
Nick Frosst Sep 1, 2025 ▶ 1:01:34 Cohere Founder, Nick Frosst: How To Compete with OpenAI & Anthropic, and Sam Altman’s AI Disservice · 20VC with Harry Stebbings
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