The growth of virtual reality in China

Welcome to Enter VR! On this episode we are joined by Zhen Cao, a VR investor and UX designer. Here is a snippet of some of the things we discussed 3:00 What does Outpost VC invest on? Intro to Zhen. 5:00 What guides Outpost's investment strategy? 7:00 Microdose VR has killer app potential. Tiltbrush comparison does not match well. 8:00 What sets a company apart from the competition? Tiltbrush and Microdose are both great but they are not the same thing.* 13:30 What makes some companies more easy to invest to than others? "Harnassing human relationships is one of the greatest powers a start up can leverage." 12:00 Why E-sports are interesting to pay attention to for investors? https://itunes.apple.com/us/app/inke-broadcast-amazing-life/id978985106?mt=8 https://www.crunchbase.com/organization/inke#/entity "E Sports taps into our human need to want to be part of a group" 20:00 China is poised to bring E-sports and VR together. 22:00 The VR industry should take note of the monetization strategies coming out of E sports. 30:00 Will the dominance of vr arcades in China change what kinds content people will buy? 31:00 What is the worst thing you can do in the realm of moneytization? 33:00 How do you end up loosing focus of your initial goals? 35:00 Zhen is looking for the 'prezi' of vr. https://prezi.com/ 37:00 Popular IPs need to come to VR. 44:00 VR and AR will battle for your attention. How does affect investment? 48:00 Will VR adaptations of movies be better than the movies that inspired them? 1:04:00 Sell me VR property in google earth VR. 1:05:00 Zhen's thoughts on the VR AI startups? 1:09:00 Zhen's hope and fears for the future of VR. https://twitter.com/GemInVR http://www.outpostvc.com/ Intro sound clips are from: "World of Tomorrow" By Don Hertzfeldt Worshyper - Dreamt (Hard Comma White Remix) https://soundcloud.com/doandroidsdance/worshyper-dreamt-hard-comma-white-remix Please support the artist! Disclosure. The views expressed in this podcast are my personal opinions. Thanks for listening!