How the game investors at Signia Venture Partners have steered into VR

Rick Thompson has made a lot of good investments over time which have generated around $6 billion in returns, roughly speaking. He is knowledgeable about games, as he is the former chairman of Playdom, which Disney bought for $763 million in 2010. And his partner Sunny Dhillon has also specialized in game investments and he is now carving out time looking at virtual reality and augmented reality startups.

While Thompson and Dhillon are bullish on games for the long term, they see the wisdom of investing during the right part of the cycle. Right now, it’s pretty hard to invest in mobile games because it takes so much advertising spending to stand out. That’s why they’ve followed the patterns of many game developers themselves and looked for “blue ocean” opportunities, where the waters aren’t bloody with too much competition.