Why Chinese Investors Are Pouring Money Into This California Virtual Reality Startup — Fortune

Foreign investors are betting big on consumer virtual reality being the next big thing in TV broadcasting. California startup NextVR recently raised $80 billion in Series B funding from Chinese venture capitalists looking to capitalize on the emerging sector, The Wall Street Journal reports. The company has announced partnerships with CNN, Fox Sports, Live Nation…

via Why Chinese Investors Are Pouring Money Into This California Virtual Reality Startup — Fortune

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