Disclosure certainty 4/5 debate potential 1/5

nDreams employs 50 people, with roughly 38 focused on development

Patrick O'Luanaigh · EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh · Mar 11, 2017 · at 3:49

Patrick O'Luanaigh, CEO of VR studio nDreams, outlines the company's team size and operational makeup during an interview with Nathan Latka.

0:00 / 0:04exact quote · 4.2s
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“So we have 50 people here probably about 38 of those are in development.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Patrick O'Luanaigh

Opinion
High-end VR hardware remains expensive and lacks killer apps
“At the moment, the hardware, the high-end hardware is still fairly expensive and there aren't any killer apps yet.”
Patrick O'Luanaigh Mar 11, 2017 ▶ 2:10 EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh
Insight
VR market is too early for games-as-a-service and free-to-play
“At the moment, VR is a little bit too early to do service games and to do certainly free to play titles.”
Patrick O'Luanaigh Mar 11, 2017 ▶ 3:05 EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh
Assertion Not checkable as stated
nDreams has sold nearly 250,000 VR units across all its titles
“And across all the titles we've launched so far, we've done just under a quarter of a million titles sold so far.”
Patrick O'Luanaigh Mar 11, 2017 ▶ 3:15 EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh
Disclosure
nDreams projects $2M revenue in 2017, targeting $7M next year
“So, we'll do revenue of about two million dollars this financial year which is not bad. Next year, we'll do about six, six or seven. So, it gives you an idea about how we're growing at the moment. We did about seven 50 last year.”
Patrick O'Luanaigh Mar 11, 2017 ▶ 8:50 EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh
Assertion Not checkable as stated
Perfect Beach accounts for roughly half of nDreams' unit sales
“It's probably about half of those. I think something like that.”
Patrick O'Luanaigh Mar 11, 2017 ▶ 3:31 EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh
Disclosure
nDreams has raised about $6M in total venture capital
“I've raised about six million six million dollars so far.”
Patrick O'Luanaigh Mar 11, 2017 ▶ 8:04 EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh
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