The Challenge of Replicating Reality with Steve Zhao from SandboxVR
发布时间 2023-02-22 13:00:14 来源
摘要
What would you do if you believed in an idea but everyone said it would fail, nobody would fund you, and the industry was experiencing a nuclear winter?
Despite experiencing exactly that, Sandbox VR founder Steve Zhao doubled down and invested all of his personal savings into the unproven business. 7 years and 1 bankruptcy later, Steve has built the world’s leading full-body VR experience with over 30 locations across the globe.
In this interview, we get to chat with Steve about the many challenges he faced, how Sandbox made it through the pandemic, the future of VR, and the difficult task of tackling hardware, software, a new computing platform, and real estate.
Topics Covered:
00:00 - Introduction
01:37 - Bonus segment
06:17 - Steve’s gaming story
11:37 - A minimum viable matrix
15:37 - Betting your life savings
20:11 - Building an MVP
22:38 - Branding a new experience
25:06 - Surviving the pandemic
30:45 - Sharing risk with landlords
33:22 - The competitive matrix
36:14 - Content and IP
39:14 - Special announcement!
47:37 - Building on hard(ware) mode
50:23 - Placing multiple bets
51:17 - Moving from novelty to necessity
58:18 - Startup learnings
Resources:
* Check out Sandbox VR: https://sandboxvr.com
* Find Steve Zhao on Twitter: https://twitter.com/zhaosaurus
* Learn more about the Squid Game partnership: https://venturebeat.com/games/squid-game-is-coming-to-sandbox-vr-immersive-experience-locations/
* Watch Steph’s highlight video: https://sandboxvr.com/event/b0b22aad-7c73-475d-ab43-281a456ff590
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Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. For more details please see a16z.com/disclosures.
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