Despite Zuckerberg & Co. spending billions of dollars on virtual reality tech every fiscal quarter, the wider VR startup ecosystem has been having a tough few years coming down from the highs of 2016, when investors dumped money into the sector expecting Oculus-sized returns only to see most of their investments slowly wilt away.
This makes it fairly notable news whenever a big institutional investor makes a bet in a VR startup these days — even just a seed round. Earlier this week I sat down with the folks at basketball virtual reality app Gym Class, which just closed an $8 million
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