Experts: Consolidation Coming To VR Market
“Massive consolidation” is headed toward the virtual reality industry, and there’s a vale of tears between now and mass adoption. That was the general view that surfaced at Wednesday’s Virtual Reality Intelligence conference, where startups were advised to hunker down and be wise about spending (if they want to retain autonomy), and raising too much money is akin to hanging a noose around a company’s neck at this early stage.
This article was originally posted on variety.com
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