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The Reality of Virtual Real Estate (w/ Jathan Sadowski)

GRIFTONOMICS

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Is There a Difference Between Second Life and Virtual Real Estate?

Virtual real estate is doing big numbers. In the last 12 months, i saw a number something like two billion dollars worth of sales and they're expecting that to be four or five billion in the next 12 months. Am: I think if there was a as well developed and well capitalized v c market a 20 years ago, we might have seen something very similar happen with second life or eve on line where the scale would have been about getting other people to buy in. Andres and horwit is head and shoulders above a lot of other v c firms in terms of their ability to lead the,. the headline cycle, to create headlines around this stuff, and create these kind of self fulfilling

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