TribeXR

“He then did some diligence on us, and post diligence, he doubled the investment to a hundred K, which is great. And so we've now closed that, and we're really excited to have him on board.”

“And you can pay 30 to 50 dollars for a half hour lesson, and we take 20% on that. That's our model.”

“Within five years, we expect that the immersive training market will be in, in a region of thirty billion dollars, and Tribe is building a platform to underpin that.”

“So, I had a rule before that we weren't going to do any more VR investing until the Quest comes out, because I do, like you, Share the belief that it's going to be a game changer. But I'd like to invest 50,000 dollars in this round.”

“So far we've trained, I think, about three or 4000 users. So that's around, you know, 1200 to 1500 dollars of revenue, and that's rising every single month.”

“I think he's got like at least a six month delay before the headset comes out.”

“So we're currently burning, at current gross burn, we're burning 50 K a month. We're based in the Bay Area.”

“So there's an estimated hundred million DJs around the world.”

“And the one thing I've learned about VR is I think there's a lot of apps that have been unsuccessful because they're actually not better in VR. They're actually better in any other medium in the real world, two D, whatever it might be. Having seen the demo, th…”

“You are still A one-on-one where the other person has to consume, ah, their person hours times rate, which is back to a service model, which is an inefficient model that lawyers and accountants and everybody else are desperate to get out of.”

“So, we are raising a million dollars at a seven million pre-money valuation,”

“I'm an investor in a company that does analytics for VR apps. And like the level of engagement that he has is significantly higher.”