Ellsworth is a personal hero of mine - incredibly smart, wildly talented and has a real vision for this space.
All that being said, it's a nightmare of a space which is why I don't think there's been a big funding event for Tilt5.
"Meta View" was an AR company that raised $75mil, had a star studded list of VR/AR technology folks, only ever shipped a couple thousand units and now is defunct.
Magic Leap raised $3.5 Billion and now has given up on shipping a consumer device (Enterprise only).
Microsoft's Hololens exited consumer applications even earlier, enterprise only.
Oculus Quest is the most successful consumer VR tech (about 5 million sold) but it's really unclear if they're anywhere close to turning a profit and they've spent tons to try and jump start game developers in VR.
Tilt5 would require from the ground up games to be made, large volumes of orders/units to be profitable and even if all that came together could still be kneecapped by chip shortages and supply chain issues.
Ellsworth is a personal hero of mine - incredibly smart, wildly talented and has a real vision for this space.
All that being said, it's a nightmare of a space which is why I don't think there's been a big funding event for Tilt5.
"Meta View" was an AR company that raised $75mil, had a star studded list of VR/AR technology folks, only ever shipped a couple thousand units and now is defunct.
Magic Leap raised $3.5 Billion and now has given up on shipping a consumer device (Enterprise only).
Microsoft's Hololens exited consumer applications even earlier, enterprise only.
Oculus Quest is the most successful consumer VR tech (about 5 million sold) but it's really unclear if they're anywhere close to turning a profit and they've spent tons to try and jump start game developers in VR.
Tilt5 would require from the ground up games to be made, large volumes of orders/units to be profitable and even if all that came together could still be kneecapped by chip shortages and supply chain issues.
[1] https://news.ycombinator.com/item?id=29322696