It sounds like science fiction, but virtual reality technology is taking off. Not even the sky’s the limit for imagining what could be done with this technology. Just ask Google I/O 2014 attendees and their cardboard VR systems. With applications ranging across the board, the potential for startups to capitalize is huge. With this in mind, I asked 12 entrepreneurs from YEC the following question: Facebook recently acquired Oculus VR. Practically speaking, how do you think that virtual reality technology will affect the startup space in the next five years? Here are the responses: 1. Induce a VC Feeding Frenzy In 2007, Facebook began allowing third-party developers to…
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