Reality Checks with Niko Bonatsos (General Catalyst), Jacob Mullins (Shasta Ventures), Catherine Ulrich (FirstMark Capital), and Stephanie Zhan (Sequoia) | TC Sessions AR/VR 2018

“[VR] is the frothiest space in the Valley right now. Nobody understands it but everyone wants in. Any idiot could walk into a f***ing room, utter the letters ‘V’ and ‘R’, and VCs would hurl bricks of cash at them.” – Erlich Bachmann. While this may have indeed been the case a couple years ago, investor cash has been a bit sparser in 2018. Where are the opportunities now?