Tim Merel

Latest from Tim Merel

  • The reality of VR/AR growth Crunch Network

    The reality of VR/AR growth

    “VR will be big, AR will be bigger and take longer.” What sounded revolutionary when we first said it two years ago has become accepted wisdom. But now the market has actually launched, and we’ve got 12 months of real-world performance and major tech players’ strategies emerging. And that’s changed our views on VR/AR growth. A lot. Read More

  • The reality of VR/AR trial Crunch Network

    The reality of VR/AR trial

    If you haven’t heard about VR/AR by now, your desert island must not have Wi-Fi. But there are millions of folks who know about VR/AR who haven’t seen it yet. User trial is on the critical path for VR/AR to go mass market. So what are the lessons from previous digital platforms about moving mass consumers from awareness to trial? Read More

  • The reality of AR/VR competition Crunch Network

    The reality of AR/VR competition

    Virtual, augmented and mixed reality have a competition problem. But while most AR/VR companies will tell you how much better they are than their nearest direct competitor, they’re picking the wrong fight. The main event isn’t between the major companies; there are far bigger and scarier competitors out there: Status quo is AR/VR’s biggest competitor. Read More

  • Pokémon Go changes everything (and nothing) for AR/VR Crunch Network

    Pokémon Go changes everything (and nothing) for AR/VR

    “Stop calling Pokémon Go AR,” say the purists. But who cares what you call something that is so successful? Just be glad it happened, and let’s figure out what it means for the AR/VR industry. Read More

  • The reality of AR/VR survival Crunch Network

    The reality of AR/VR survival

    VR will be big, AR will be bigger (and take longer). But as in most early-stage tech markets, growth will be curved, not straight. There will be a few billion dollars of revenue this year, a progressive ramp in 2017 and a hoped-for inflection point in 2018 (when AR could deliver that magic combination of hero device, long battery life, cellular capability, strong app ecosystem and telco… Read More

  • The reality of augmented and virtual reality venture capital Crunch Network

    The reality of augmented and virtual reality venture capital

    AR/VR is the new hotness. VCs invested $1.7 billion in the 12 months leading to March 2016, $1.2 billion of that in the first quarter of this year alone. There are four AR/VR unicorns already (Magic Leap, Oculus, Blippar, MindMaze). Big numbers, very exciting. But as DFJ Partner Bubba Murarka says, “not all VCs have taken the red pill yet.” Read More

  • The reality of AR/VR business models Crunch Network

    The reality of AR/VR business models

    There is nearly as much confusion as there is excitement about augmented and virtual reality. While VR could be big and AR could be bigger (and take longer), there are more questions than answers out there. I’ll be doing a deep dive on one aspect of AR/VR every month. This month we’re kicking off with business models. AR/VR hardware sales, e-commerce sales, ad spend and mobile… Read More

  • Augmented And Virtual Reality 1.0 — 2016 Preview Crunch Network

    Augmented And Virtual Reality 1.0 — 2016 Preview

    Samsung/Oculus’ Gear VR launch was the starting gun for AR/VR 1.0, so what can we expect next year? Strap on your magic goggles, it’s immersion time. Read More

  • Breaking Down Billion-Dollar AR/VR Investment In The Last 12 Months Crunch Network

    Breaking Down Billion-Dollar AR/VR Investment In The Last 12 Months

    Augmented and virtual reality are the new hotness, as VCs and corporates get in on the act. While Facebook’s multi-billion dollar acquisition of Oculus got everyone’s attention early last year, it’s only in the last 12 months that investments accelerated. Read More

  • Mobile Exits Drop Below Investments For First Time Since 2013 Crunch Network

    Mobile Exits Drop Below Investments For First Time Since 2013

    It’s been party time for mobile, with massive growth and disruption helping VCs to raise huge funds, entrepreneurs to raise massive rounds, and valuations to skyrocket. With 89 mobile Internet unicorns now worth almost $1 trillion, it’s no surprise that folks from Silicon Valley to Shanghai are asking what’s going on with return on investment. Read More

  • The 7 Drivers Of The $150 Billion AR/VR Industry Crunch Network

    The 7 Drivers Of The $150 Billion AR/VR Industry

    To hit true market scale, AR and VR will need to rapidly transition from 2016’s early adopters to 2020’s mass consumers by delivering against 7 key drivers. Some are already in place, others are hard to do, a handful won’t be possible for 12-18 months, and a few aren’t on product roadmaps yet. Read More

  • Mobile Internet To Be Worth More Than Apple By 2018 Crunch Network

    Mobile Internet To Be Worth More Than Apple By 2018

    Smartphone sales growth is slowing to less than 10% annually to 2018, and mobile networks saw just 5% growth in the last decade. So while Apple continues to knock it out of the park and Xiaomi skyrockets, mobile internet is the mobile growth market. Digi-Capital now forecasts almost 3x revenue growth from $300 billion last year to $850 billion by 2018. The market Apple spawned could generate… Read More

  • Augmented And Virtual Reality To Hit $150 Billion, Disrupting Mobile By 2020 Crunch Network

    Augmented And Virtual Reality To Hit $150 Billion, Disrupting Mobile By 2020

    Virtual reality and augmented reality are exciting – Google Glass coming and going, Facebook’s $2 billion for Oculus, Google’s $542 million into Magic Leap, not to mention Microsoft’s HoloLens. There are amazing early-stage platforms and apps, but VR/AR in 2015 feels a bit like the smartphone market before the iPhone. We’re waiting for someone to say “One… Read More

  • Hope And Fear Drove The $120B Mobile Internet Deal Explosion Crunch Network

    Hope And Fear Drove The $120B Mobile Internet Deal Explosion

    Hoping for $700 billion in mobile Internet revenue, and fearing over 30 percent online cannibalization, mobile deal makers shattered records last year. It’s party time for mobile entrepreneurs and investors. Read More

  • Mobile Unicorns Multiply To Hit A Quarter Of A Trillion Dollars Crunch Network

    Mobile Unicorns Multiply To Hit A Quarter Of A Trillion Dollars

    Back when dinosaurs roamed the Earth (in late 2013), there were 38 tech unicorns worth over $130 billion. Mobile Internet has changed things in the last 12 months. A lot. Sixty-eight mobile unicorns added $28 billion shareholder value in Q4 2014 to become worth $261 billion. Or a quarter of a trillion dollars. That’s excluding Facebook (64 percent mobile revenue, 59 percent mobile… Read More

  • Six Drivers Of The $700B Mobile Internet Crunch Network

    Six Drivers Of The $700B Mobile Internet

    Mobile internet is all about big numbers. Revenue will more than triple to $700 billion by 2017, there was over $19 billion invested and $94 billion exits in the last 12 months, average sector returns were up to 15.6x all of the money invested over the last three years, public stock market returns were up to 78 percent in the last year, and there are 32 billion-dollar mobile Internet… Read More