Anorak Ventures’ @gpcastle12 made his first-ever venture investment in Oculus' 2012 seed round, back when Silicon Valley thought everyone would be walking down the street with VR goggles in no time. Since then, he thinks VR has become a victim of its own hype cycle: “It’s taken a long while, a lot longer than I think we had all hoped." “I think that you have this kind of situation where the hype has set expectations that have been very difficult to follow." "Therefore you have this kind of disappointment that everybody feels about how everything’s transpired." “There have been several points in the past where something has come out, be it the Quest 1, be it Gear VR...where people have been like, ‘This is it. This is when it’s all going to change.’" “And it just hasn’t happened like that.” ▻
published
Anorak Ventures’ @gpcastle12 made his first-ever venture investment in Oculus' 2012 seed round, back when Silicon Valley thought everyone would be walking down the street with VR goggles in no time. Since then, he thinks VR has become a victim of its own hype
Open the original public source →
Latest documented BWB result
BWB member result
Exit /ES with a huge win - 56 Points or 224 ticks
Historical results are not a promise of future performance. Trading involves substantial risk.This public post is a timestamped information archive, not personalized financial advice. Alerts can change as markets move. Join Billy's private group for the complete daily stream and follow-through.
