Note from Editors:
Sunny #Dhillon, Principal and co-founder of Signia Venture Partners, believes that the next computing platform will be #virtual reality. However, there is a need for a enough Virtual Reality (VR) headsets for use by consumers. He says, it will take 5 years to have the desired supply.
by Murray Newlands
So you are relatively new fund, how are you finding your deals and what are you looking for in potential investments?
One of my best moves here was joining the board of Next Gen Partners, a Silicon Valley venture capital mentoring organization.
My partners Rick Thompson and Ed Cluss have each been building and investing in Silicon Valley companies for 20+ years and there is a deep network of entrepreneurs, angels, and institutional co-investors that they’ve developed over this time. Along with my 3rdpartner Zaw, they’ve been phenomenal mentors and made many helpful introductions. Four years ago, I arrived in Silicon Valley and dedicated my personal and professional life to building the network I have today. I made building real, substantial relationships a big priority. One of my best moves here was joining the board of Next Gen Partners, a Silicon Valley venture capital mentoring organization. Alongside attending conferences and networking events, this has helped me find great #investment opportunities and develop wonderful friendships.
As far as what I’m looking for – right now I’m spending a lot of my time in gaming, e-commerce, and virtual reality, though I am always interested to hear an innovative idea from a passionate founder, no matter the industry.
What is happening in the gaming space and gaming investing space?
Mobile was super hot, but not so much anymore. For me, PC gaming still remains a bastion for hardcore gamers and will be the hot gaming platform as virtual reality and E-sports come to the foreground.
For mobile, the top category in the App Store and Google Play is largely games. While games monetize better than any other kind of app, it’s still a tough place to make money. There are exceptions of course. The last mobile gaming investment we made was three years ago, in a company named Super Evil Mega Corp, and its multiplayer game, Vainglory, defies gravity. I usually play several matches a day and am stoked that I recently became a ranked player (add me as a friend; my gamertag is BloodySunnyDay!).
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Curated from Sunny Dhillon Sees A Bright Future Investing In Virtual Reality
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