VR App Gold Rush

Building specialized apps for emerging VR/AR platforms like Meta's Ray-Ban glasses and Oculus headsets, focusing on being an early technical leader in the space rather than waiting for mainstream popularity.

Key Points:

• Opportunity in Unpopular Tech:

  • VR is currently unpopular but has significant potential
  • The top 15 apps in the Oculus store are "printing money" for their developers
  • Small teams can make $10 million by specializing in this technology

• Strategic Approach:

  • Focus on "time in market" rather than "timing the market"
  • Maintain consistent interest in the technology regardless of popular sentiment
  • Track if the tech is getting better, not if it's currently hot

• Meta Platform Opportunity:

  • Meta Ray-Ban glasses represent the future of AR/VR
  • Currently an "uncontested" market with limited competition
  • Future app store ecosystem will emerge for these platforms

• Business Model:

  • Two paths to success:
    • Create a breakthrough app with product-market fit (potential billions)
    • Become the leading technical team solving hard problems (floor of $50-100M exit)
  • Build a team of 5-10 strong engineers focused on solving technical challenges
  • Survive 5 years at the cutting edge to either succeed with your own app or get acquired

• Technical Focus Areas:

  • Spatial recognition
  • Gesture control
  • Other platform-specific technical challenges