3 Ways Spaces VR will Change Your Funding Pitch
Spaces VR and the Funding Pitch
Recently, Strata released a VR app called Spaces VR. Spaces VR is a way for you to export and play with your 3D designs in a more immersive environment, and share your creations with others who either own a VR kit or a much more affordable viewer like Google Cardboard.
So what does this have to do with raising venture capital…?
An essential part of a good funding pitch is the “pitch deck”—a short presentation used to raise money for a business idea or startup. There are dozens of articles and even entire websites dedicated to the idea of creating the perfect pitch to help you raise money for your business or idea. Makes sense, after all—it’s your best, if not only real shot at gaining super unicorn status like an Uber or Airbnb.
The pitch deck has remained relatively unchanged for some time, but with the introduction of Spaces VR, we think a lot of that could change. Let’s take a look at a few of Forbe’s suggested slides for the “Ultimate Pitch Deck” and see what our latest VR app might mean for each one.
With Spaces VR’s screenshot feature, investors don’t even have to own a VR headset—with a phone and a cardboard viewer—they’ll be able to experience your designs in a more immersive way regardless of their technical know-how or access to a fully powered VR kit.
Of course, these startups are the aberration. The way most “conceptual” startups get funding, has less to do with the idea, and more to do with a founder’s CV and who they know. The truth is, concepts are hard to sell, but with apps like Spaces VR, they just got a whole lot easier. Perhaps VR will help tip the scales just a little bit more in favor of the infamous “pre-revenue” startup?