90% of Chinese VR Startups Have Gone Bankrupt. Here’s Why That’s a Good Thing.
VRScout
JANUARY 1, 2017
And even the ones still in the game—including AlfaReal, Miido, and Storm Magic Mirror—have begun downsizing and delaying salary payments to employees. In many ways it’s still doing a whole lot better than America and Europe. But leaving that aside, a bit of background. Now, that number hovers around 10. It’s growing.
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