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by estimator7292 129 days ago
Even within the XR industry, we had no clue where all that money went. During the metaverse debacle, the entire industry stagnated. Once metaverse failed, XR adjacent shops started to fail. There was no hardware or technique innovation shared with the rest of the industry, and at the time the technology was pretty well settled.

Since then we lost all the medium players and it's basically just Facebook, Valve, and Apple.