Visit Doghead Simulations at Booth 935 at GTC17

Visit Doghead Simulations at Booth 935 at GTC17

Yesterday I demoed with my team at GTC17 (GPU Technology Conference) from booth 935. We showed conference attendees our remote conference software, rumii. We also are competing in the NVIDIA VR Content Showcase.

Except that I wasn’t actually at GTC17 and most of my team wasn’t either.

The Doghead Store is Now Live

We have exciting news! The Doghead Store is now live! The store sells super soft, super cool T-shirts with our Doghead logo displayed on them. Go out into the world with your new, favorite shirt. The shirts are available for $20 plus shipping.

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The Story of How It Was Made

We originally made the shirts for our team members so they would stand out at conferences and meetups. They were such a hit that soon everyone was asking us if they could have a shirt too. That’s when we decided to make them available for everyone to share the Doghead pride.

Why the Shirt?

Wearing the Doghead Simulations shirt helps us in spreading awareness for our company and our product, rumii. We are fairly young tech startup making our way to the top. When our fans, like yourself, wear our shirts it gives us a sense of pride. It makes us feel like all the late nights, hard work, and endless pitches are paying off.

Plus, there is nothing cooler than walking down the street and seeing a fellow Doghead.

Shirt Features

We wanted to make sure that our shirts not only look cool, but feel good too. We had them made with the softest material. The shirts are 52% cotton and 48% polyester.

The Perfect Scenarios To Wear the Shirt

There is no perfect place to wear a Doghead T-Shirt. Wear T-Shirts to our meetups where you will feel like part of the team. Wear a Doghead T-Shirt to a conference or at the office. Everyone will ask, “is that a dog with a virtual reality headset?” You can proudly tell them that yes, it is indeed.

The Doghead T-Shirt is also nice to relax in after a hard day at work or rainy afternoon. Know that wherever you are, we at Doghead Simulations, are wearing our shirts too. In that way, we are all connected as part of a dog pack (howling at the moon together is probably one step too far).


Our Customers

Keeping Up with the Dogheads: Updates and Announcements

May is right around the corner and with it comes a month jammed pack of activities for the Doghead Simulations crew. We are bringing exciting new features to our Early Access Program. We are sharing our product at multiple events while bringing Doghead Simulations to the main stage.

Our next Early Access build will be released the week of May 8, 2017. This build will include exciting new updates to the avatar system. You will be able to customize your avatar to look like you, a famous boss from a movie, or a real life hero. The next Early Access build will have something ever boardroom requires: a whiteboard! We are bringing you a 2D whiteboard in every rumii meeting room. Make sure to sign up so you don't miss out on this one.

Next Mat, Elbert, and Chance from our team are headed to Silicon Valley for the GPU Technology Conference (GTC) is on May 8-11 in San Jose, California. GTC showcases the most innovative work in the computing industry today—including artificial intelligence and deep learning, virtual reality, self-driving cars, and accelerated analytics.

GPU

At GTC we will be showcasing rumii as part of the exhibitor experience. We will be demoing the latest Early Access build at the event. We will also be pitching Doghead Simulations as part of the GTC pitch competition.

Make sure to stop by and see us in Booth #935. If you can't be there in person follow us on Twitter for updates!

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The very next week, Lily will be travelling to Chicago to demo rumii at International Telecoms Week. This is a special event for us since we will be sharing a booth with our partners at Knetik. We are very excited to be able to demo with our partners and bring the virtual reality experience to Chicago!

Stay up to date with the latest updates through our social media channels:

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Get real time updates from the event floor.

Join us on LinkedIn

Join our LinkedIn group and chat with other followers.

Like us on Facebook

Like our Doghead Simulations page and receive great timeline updates.

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Check out our behind the scenes photos.

 

How to Close the Investment Gap

“We should close funding by November.” That’s what we thought when we started down our funding journey in July last year.

At that time virtual reality was expected to be an $80 billion dollar industry by 2020. It’s now expected to be a $120 billion - $162 billion industry by 2020. That’s double market size! The numbers prove it. Virtual reality had a record year of $2.3 billion investment in 2016.

While we saw lots of investment activity in the space, we did notice some VR/AR startups feel an investment slowdown in the beginning of 2017. The investment market has cooled some since investors have been burned by virtual reality startup companies who haven’t delivered yet. They got in a little too soon, two to three years ago when the technology wasn’t quite ready. Unfortunately, now that the technology is ready, the purse strings have tightened up.

To compensate for this, VR/AR startups are finding that they are having to stay bootstrapped longer than they thought. Some are able to go to friends and family for initial investment. This isn’t necessarily a bad thing. It is a good reminder that closing funding rounds take time.

Our advice? Closing funding is a marathon, not a sprint.

1.      Start building relationships with venture capitalists (VCs) and investors now, before getting to the point of asking for money. VCs are known to invest in the people and and team first, before the product. If they like you as a person they are more likely to invest in you when it comes time to ask for funding.

2.      Find a financial advisor or mentor to help manage your expectations and guide you through the funding process. There are many steps to closing funding, it’s not as cut and dry as writing a check. After agreeing to terms, there are transaction documents to be be reviewed, and lawyers on both side who want to make sure everything is in order.

3.      Don’t jump on the first offer you get. Remember, being invested is a two way street. Make sure you like the investor and can work with them as much as they want to put money into you. Seek out the “smart” money.

4.      Don’t quit your day job. Even if you start having serious talks with an investor it can take 7 - 14 months to close a funding round. It can take even longer if you haven’t started talking with investors yet. See point 1 above.

5.      Be patient, keep pitching, and network at events. Having your company’s face out in front of people will keep you first of mind when they’re thinking of who to invest in. Word spreads quickly. Even if you don’t talk to an interested VC, they might mention your company to someone who is.