Google Venture’s Investment Strategy and Outlook for Virtual Reality
Joe Kraus is a general partner at Google Ventures, and he was on a panel at the Virtual Reality Intelligence conference in San Francisco talking about VC investment trends in virtual reality. Joe predicts that 2016 will be a “perceptual year of despair” for virtual reality where the market won’t really start to take off in a big way until 2017. He says that for VR start-ups, the key will be to conserve cash and survive 2016 until 2017 when the VR market will start to really take off. Joe talks about some of the VR investments that Google Ventures has made, and some of his predictions for the future of VR and AR.