As a developer myself, this is an interesting concept. Two concerns. 1) You have 2K / month revenue, and 74K / month burn rate. That is a tough gap. Is there a chance to reduce your burn rate (such as by, dare I say, working from home? ;) ). 2) As I am sure you are aware, when...

Sorry, just saw this.1) Our revenue is rapidly growing now that we're in the Oculus Store. With 10M users in the Oculus Store, we will get to cashflow positive if we just convert 0.05% of users in the Store (5000 users). Not too worried about that, tbh.. we're already well on our way to cashflow positivity in the next few months. Even so, our conversion rate is closer to 10% as of right now. Ubiquity isn't necessary to build a multi-billion dollar company... Maybe for a trillion dollar c...

i such love the idea and the concept and first of all the team , and if there are space i well invest more , i have one question are all team members are full-time to work in this company. I mean, are they contracted or full-time because I found one of the team members working...

Alan and Matthew are part-time for now. Everyone else is full-time.

Hi, quick question. If I invest in Immersed, will there be a repurchase clause?

To purchase additional stock in the future? Unfortunately, no. We are a high-growth venture-backed deep-tech startup and will only be taking additional venture capital from here on out.

It might be another 5 to 10 years before VR is ubiquitous. This will be niche for a fairly small amount of people and you’ll burn through a lot of cash in the meantime. How do you plan to counter this issue? I happen to have an Oculus Quest but a lot of people I know don’t. Th...

I disagree. See the answer here https://wefunder.com/comments/98448

Hi impressive product. I have a few questioins. 1. What is your YTD revenue? 2. How many customers/teams/user have tried the actual products? (How many paying customers do u have) Thank u

Thanks! Please read the other Q&A's to get an idea. We keep explicit/current numbers close to the vest during this campaign to keep things fair for those who invested at the beginning of this campaign before our Oculus Store launch and since this campaign has a very high demand (we're trying to turn investors away at this point). All we can say for now is that things are exceeding expectations.

Immersed

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immersed.com Austin, TX

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