#122 Wist: The Killer Use Case for VR?

The Pitch

Josh Muccio

Investing, Technology, Entrepreneurship, Business

4.6 • 1.5K Ratings

🗓️ 25 October 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

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? You can also watch the Wist pitch on YouTube. Today’s investors are Paige Doherty, Neal Bloom, Elizabeth Yin, Mark Phillips and Charles Hudson. If you would like to invest in Wist, go to pitch.show/wist To learn more about Andrew's augmented reality startup and the investors featured on this episode, check out the Wist show page. Enjoying the podcast? Use this link to text a friend! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	The last time we had a virtual reality start-up on the show was four years ago.
0:10.3	You know why?
0:11.6	Because nothing big has happened in VR since then.
0:15.1	Well, besides Facebook prematurely rebranding as meta, we all know how that went.
0:20.6	VR has been on the cusp of its big moment for a decade.
0:26.0	But maybe that big moment is finally here.
0:29.6	A week before this pitch, Apple announced the Vision Pro, which could finally catapult
0:35.7	this technology from the fringe to the mainstream.
0:39.8	Big tech and VCs alike, they're all looking for the killer use case for VR.
0:45.7	And today's founder thinks he's discovered it.
0:49.0	Can he convince the investors that it's finally time to immerse themselves in VR?
0:54.9	Or will they be virtually uninterested in making this vision a reality?
1:00.5	I'm Josh Muccio, welcome to the pitch, where relaunch per newers pitch real investors for real money.
1:09.4	Hi, I'm Paige Fendordi, founding partner behind Genius Ventures.
1:13.2	Hey, I'm Neil Bloom, managing partner at Inalak Capital.
1:16.0	Hi, I'm Elizabeth Yen, general partner at Hulselfund.
1:18.9	I'm Mark Phillips, founder of 11 Tribes Ventures.
1:21.8	Hi, I'm Charles Hudson, managing partner precursor ventures.
1:29.9	The pitch for West is coming up after this.
1:33.4	And if you want to watch the video of this pitch, go to pitch.show slash YouTube,
1:38.1	episodes premiere on Wednesdays at 7 p.m. Eastern.
1:44.1	This episode of the pitch is brought to you by American Express Business.
	...

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