• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Saturday, September 6, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

VR Startups Need a Contingency Plan Until Consumer Adoption Improves

margin707 by margin707
June 22, 2017
in News
Reading Time: 2 mins read
1
vr contingency plan
Share on TwitterShare on Facebook

The virtual reality landscape is not too kind on startups right now. With consumer interest much lower than anticipated, a lot of companies are forced to make tough decisions early on. Any product or service thriving due to consumer demand will be phased out rather quickly at this pace. It is not easy to survive as  a VR startup, but it is too early to go go into full desperation mode. Some companies are taking some severe precautions.

The Harsh World of Virtual Reality Startups

A lot of experts will claim the VR market is still in its infantile stage. That is certainly true, as consumer-grade technology has only started to gain traction recently,Then again, VR startups do not have the luxury to muck about for a few years either For these companies, surviving is the first priority. Right now, that is a very steep challenge, unless some tough decisions are made at an early stage.

With VR content still suffering from slow growth, consumers will not flock to VR anytime soon. Cross-platform support is another major letdown where VR games and apps are concerned. One would expect cross-platform compatibility for software to be a norm in 2017. Unfortunately, there are still companies walling off their platform rather than letting the whole ecosystem grow.

As a VR startup, now is the time to prepare contingency plans. For some companies, such plans will never be put into action. That is a good thing mind you. However, a lot of companies are pausing their scaling and they focus on finishing their prototypes. Delivering a working project while remaining in stealth mode will eventually yield better results compared to making a big buzz and failing to deliver. The virtual reality sector will mature given some time.

Even startups successfully graduating from accelerators are faced with difficult decisions. Creating content for consumers to enjoy is one thing. Ensuring players come back on a regular basis is far more difficult Funding can’t buy creativity to persuade thousands of consumers. Now is the time to make strategic decisions for the future. Reducing overhead and working on proper content should be a top priority for VR startups right now. Unfortunately, not all startups will survive the coming years.

If you liked this article make sure to follow us on twitter @thevrbase and subscribe to our newsletter to stay up to date with the latest VR trends and news.

Tags: StartupVR
Previous Post

Oculus Rift and Touch Bundle Now Come with $100 Worth of Store Credit

Next Post

What is Sense of Presence?

Related Posts

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing
News

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?
News

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Ethereum whales dump $1.8B – but could retail flip the script?
News

Ethereum whales dump $1.8B – but could retail flip the script?

August 31, 2025
Bitcoin slips to $108K as Google searches explode – Smart money preparing an exit?
News

Bitcoin slips to $108K as Google searches explode – Smart money preparing an exit?

August 30, 2025
Ethereum $5K Squeeze? Whales and Traders Smell Opportunity
News

Ethereum $5K Squeeze? Whales and Traders Smell Opportunity

August 30, 2025
Bitcoin Price Prediction For The Holiday—Breakout or Breakdown Coming
Featured

Investors Drop Lawsuit Against Strategy Over Bitcoin Risks

August 29, 2025

Press Releases

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing
News

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

by Jordan Avery
September 2, 2025

Bitcoin recently slid 12.8% from its all-time high, but before the bears start celebrating, context matters. Pullbacks in the range...

Read more
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Why Ethereum ATH Could Crush Bears Before Q3 Ends

Why Ethereum ATH Could Crush Bears Before Q3 Ends

August 12, 2025
Ethereum’s 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

Ethereum 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

July 20, 2025
Jupiter Token Crash: Why JUP Lost 80% and What Happens Next

Jupiter Token Crash: Why JUP Lost 80% and What Happens Next

June 24, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier