philip lelyveld The world of entertainment technology

2Mar/17Off

VR industry faces reality check on sales growth

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Tipatat Chennavasin, general partner at The Venture Reality Fund, an investment firm focused on the sector, has calculated that at least eight VR-only titles have generated more than $1m in revenues so far. “Even if adoption is a little slower than we’d like, the fact that people are spending in VR will continue to create a healthy ecosystem for VR developers who are smart and thinking about it carefully,” Mr Chennavasin said.

See the full story here: https://www.ft.com/content/f7e231ee-fc84-11e6-96f8-3700c5664d30

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