The Ledger
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Banister: Wist is well positioned to be AR's killer app
“If he executes well, and if the timing's right, and all of the pieces are lined up just right, you know, he's well positioned to have the killer app for AR. Like, I can't think of a better one, to be honest with you.”
Doherty: Apple will meaningfully build spatial memory tech within five years
“I think that Apple will start, like, working on this in a really meaningful way in the next, like, Five years.”
McHugh: Wist expects to convert any 2D media by year-end
“So that's our expectation for the end of the year is to be able to ingest any existing two D media. And that's everything from something you've captured recently to childhood videos.”
Muccio: Spatial Memories Offer No Advantage Over Normal Video on Mobile Phones
“Can I just say this is a whole different experience versus viewing it on the phone, like viewing it on the phone. I don't think that's better than just viewing a normal video. That this is something else entirely.”
Muccio: The Pitch Fund commits to investing in Wist
“I think I think we want to invest in this. I think we want to invest in you.”
Banister: Found no investable AR opportunities for two and a half years
“I spent two and a half years turning over every stone in AR, trying to find every investable opportunity I could find, And there just wasn't any, you know, there were a few really interesting goes at industrial uses, things like repairing tractors, educational…”
Muccio: The Pitch Fund dropped Wist after Elizabeth Yin passed
“And as you may know, the Pitch Fund typically invests alongside the VCs on her show. So in our minds, the deal was off for us too.”
Yin: Wist's VR playback feels immersive despite being slightly grainy
“You definitely feel like it's immersive. Like, I felt like I was standing right next to his wife while she was getting her ultrasound done. It was a little bit grainy, to be fair, but you feel like you are there.”
McHugh: 20% to 40% of Wist waitlist users own an iPhone and Quest headset
“I think there's about, like, 20, 20 to 40% of them have both an iPhone and one of the supported Quest headsets.”
McHugh: Wist has reached nearly 11,000 waitlist sign-ups
“And yeah, our wait list right now, we're like just under 11,000, and that's over the last few months.”
McHugh: Wist Plans to Open Volumetric Capture Tech to Third-Party Developers
“Our initial hypothesis is that this is about spatial memories, that that's the, like, critical foot in the door kind of thing. But we, like, build up all of this tech that's hard to piece together, and then we can open that up to other developers to include in…”
McHugh: Long Journey Ventures is leading Wist's $1.2M round
“So today, hoping to close our 1.2 million dollar round led by Long Journey Ventures to bring immersive memories to my son and everyone else.”