Are investors warming up to VR? After last week’s crowning of Rec Room as VR’s first software unicorn, which came hot on the heels of Roblox’s monumental direct listing, I’m wondering how much we can attribute either success story to faith in the future of immersive tech.
Neither game platform is VR-exclusive, and the majority of their users are on non-VR devices. The platforms’ adaptability to both VR and non-VR experiences might bolster Roblox and Rec Room, but that won’t necessarily fuel growth in consumer virtual reality.
