This Week in Startups $RBLX earnings, Jetson ONE personal aircraft + Oculus game dev Ryan Engle, creator of Pro Putt | E1322
Nov 9, 2021
Ryan Engle, CEO of Golf+ and creator of the VR game Pro Putt, dives into the fascinating world of virtual reality. He discusses the unique challenges of translating sports like golf into VR, focusing on immersive experiences for all players. Engle also touches on the rapid advancements in VR technology, particularly with Oculus, and the competitive landscape of VR development. Additionally, he shares insights into the evolving future of gaming and the significant role that hardware innovations from companies like Meta will play.
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Early Roblox Investment
- Jason Calacanis's wife invested in Roblox at its IPO.
- She also invested in Bitcoin at $100, showcasing her successful investment choices.
Roblox User Engagement
- Roblox users are highly engaged, spending a substantial amount of time on the platform.
- Daily active users average 2.6 hours per day if used every day, or four hours if used for 60 days in a quarter.
Roblox Network Effects
- Roblox's developer ecosystem thrives, doubling revenue and proving the network effect.
- Roblox has the potential to reach hundreds of millions of users, similar to Fortnite or Minecraft.