Andrew Chen: Declining retail malls create attractive real estate opportunities for VR
Andrew Chen · The a16z Pitch Room: Sandbox VR · May 3, 2019 · at 15:04
Andrew Chen, Andreessen Horowitz General Partner, explains how declining traditional retail centers create favorable lease opportunities for location-based VR startup Sandbox VR.
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“On retail, it's not a bet towards the success of the future of malls and the future of these retail spaces. It's actually kind of a bet against it. It's actually saying, like, look, there's actually really attractive retail opportunities because of the fact that everyone's scrambling to figure out, you know, what to do.”
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