Ball: Build Compelling Social Products First, Not Consumer Computing Platforms
Matthew Ball · The Metaverse & How It Will Change the World with Matthew Ball · Jul 14, 2022 · at 54:33
Matthew Ball discusses investment strategy in consumer tech and metaverse applications with podcast host Sahil Bloom.
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“We have this ongoing lesson that trying to build the next big platform in computing, especially on the consumer side, less so on the enterprise side, you shouldn't seek to do it. And by that, I mean, there's this classic example of we've always known that a quote unquote federated identity system in the internet would be super useful. Microsoft tried twice in the nineties. You might remember the older listeners, the dot net framework, and it didn't work. Cause like no one wanted to sign up to have an account or identity system and they didn't want to proliferate it. It was scary. And Microsoft was scary. What ended up being the way that four billion people would get a single identity system. The answer was it started as a college hot or not, and then turned into a photo sharing and messaging platform. Epic has been focused on the metaverse for decades, but its onboard experience was a battle royale that was itself a pivot from a quasi, you know, necessarily a failed game, but a strong single light double. And so The ongoing lesson is trying to produce a really compelling, fun social product.”
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