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Could Virtual Reality Revitalize the Economy?

Posted: Wed Oct 08, 2014 11:05 am
by metalqueen


By Brian Shuster

In 1995 I tried to raise venture capital for the world’s first Internet advertising company, and couldn’t find a single investor. No one had ever heard of the World Wide Web, and nobody believed it would take off.

Fast forward four years and venture investors were falling all over each other trying to fund anything with a “.com” in the name with as much money as they could force these companies to take. An explosion of wealth that lead to the creation of a massive number of high-tech, good paying jobs and one of the most prosperous set of economic conditions in history.

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