For all of the investors preaching that enhanced reality technology will likely be the follower to the contemporary mobile phone, today, the majority of investor are still quite wary to back AR plays. The reasons are plentiful, but all tend to circle around the idea that it’s too early for software and too costly to attempt to […] Few spaces were frothier in 2016 than virtual reality, but most VCs who bet on VR following Facebook’s Oculus acquisition stopped working to strike it rich. “We think VR is still the biggest long-term opportunity of the two. Many of the financiers I got in contact with were still relatively active in the AR/VR world, however many still disagreed whether the time was best for VR startups. We’re seeing some development in VR and some of that is taking place due to the fact that of the Oculus community. Wave VR, Rec Room, VRChat are making it truly easy for consumers to get a taste of VR with devices they currently own.Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.