The Pitch
Where real startup founders pitch to real investors—for real money. Forget everything you think you know about the world of venture capital. Host Josh Muccio takes listeners behind closed-doors and into the room where deals are made.
#122 Wist: The Killer Use Case for VR?
Venture investors have spent the last decade searching for the killer use case for VR. Today’s founder, Andrew McHugh, thinks he’s found it with his startup, Wist. But days before Andrew gave his pitch, Apple sent shockwaves through the industry by announcing their new headset, the Vision Pro. Will investors be skittish about the tech giant entering the space? Or is it a sign that VR’s big moment has finally arrived?
Key Points
- VR technology is on the verge of mainstream adoption, with Apple's announcement of the VisionPro potentially catapulting it from fringe to a central focus for big tech and VCs.
- The startup WIST is creating an app that allows users to step back into their memories using AR and VR, aiming to turn captured moments into immersive experiences across various devices.
- Despite the challenges of early-stage technology and the reliance on the adoption of VR headsets, investor interest is piqued by the potential of WIST's technology to revolutionize the way we relive and preserve memories.
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Transcript
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