Alex Chuang’s Post

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Co-founder/GM at Shape (AI & 3D Studio), Emmy-winning XR Producer, I share the latest insights in spatial computing daily ᯅ

Jack Soslow from a16z believes the moment is ripe for ARVR apps. I wholeheartedly agree. In his well-thought-out thread on X, he presented strong arguments about the market potential of AR/VR and the advantages of investing now. Here's a quick summary of what he highlighted, but I highly recommend reading the entire thread on X: https://lnkd.in/gz_y3uDy 🧐 Underestimated Market: Past setbacks have led many to overlook ARVR, yet Meta's ~30m Quest headset sales showcase strong market potential. 📈 Sales Growth: Meta's sales soared from 2M units in 2019 to 13M units in 2022, with a strong rebound in early 2024, driven by the Quest 2, an older yet popular device. 🎮 Youth Engagement: VR retains adolescent users as well as consoles do, suggesting a solid foothold in younger markets. 🚪 Entry Barrier: Success stories like Gorilla Tag show top VR games can be made with little to no funding, demonstrating a low barrier to market entry. 💰 Developer Returns: VR has enabled over 40 developers to earn >$10m; the platform offers lucrative payouts per developer. 🧠 Natural Fit: Humans have evolved with 3D spatial reasoning, making VR a natural extension of our innate capabilities, enhancing learning, and design experiences. 🤖 Tech Integration: VR blends digital and physical realities, ideal for applications in robotics and immersive tech. 📊 Market Potential: As VR tech matures and becomes more accessible, there's potential for new platforms to emerge, similar to early iPhone apps that defined their sectors. ⏱️ Strategic Timing: With low competition and high potential for returns, now is a strategic time to launch ARVR initiatives. Hit me up if you are starting or investing in a AR/VR business! #augmentedreality #mixedreality #virtualreality #spatialcomputing #applevisionpro #VisionPro #metaverse #a16z  ___ I'm Alex Chuang, Emmy-winning XR Producer, Co-founder of Shape Immersive, award-winning AI & 3D Studio I share the latest insights in #spatialcomputing daily. Follow me + hit 🔔 to stay in the know.

Jack Soslow (@JackSoslow) on X

Jack Soslow (@JackSoslow) on X

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Ryan Smith

Product Leader, 3D & AI

7mo

It takes time to create a market. Meta/Quest have grinded that out. I have no concern about AVP's first few months of sales. It's an emerging market with a foothold and demand for new apps and games. Patience and persistence are the way.

Angel P.

Product x Growth exec in gaming, AI and web3. A16z's TxO mentor.

7mo

Elaine McAnally Timing is perfect :)

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