HTC Announces $100 Million Fund For Virtual Reality Startups (roadtovr.com)

Posted by BeauHD on Tuesday April 26, 2016 @12:09PM from the accelerated-growth dept.

An anonymous reader writes: HTC today announced the Vive X accelerator program through which the company will invest from it's newly created $100 million VR fund. The fund aims to kickstart the VR ecosystem in support of the company's Vive VR headset. Applications for the accelerator program, which will open first in Beijing, Taipei, and San Francisco, are open today. The company says their aim is to "help cultivate, and grow the global VR ecosystem by supporting startups and providing them with expertise, special access to advanced VR technology, financial investment, mentorship and unmatched go-to-market support."

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When will you people get it through through your h by Anonymous Coward · 2016-04-26 12:43 · Score: 1, Interesting

People don't want fucking VR. If people wanted VR, they would be buying VR products. They're not. There is no market. You're solving a problem that doesn't exist. This is the dog from hell. You should take it out back and shoot it. Augmented reality is the future, though not that creepy Google Glass. People don't want VR. I'm saying this for the benefit of anyone who thinks they can make money on VR. Don't try. The market has spoken. They're not interested. Put your time and money elsewhere so you can actually make money.