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Patrick O'Luanaigh

๐Ÿ‘ค Speaker
152 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

The biggest challenge is just getting enough hardware units out there.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

At the moment, the hardware, the high-end hardware is still fairly expensive.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

And there aren't any killer apps yet.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

We're still figuring out how to make the very best games and experiences for VR and learning quickly.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

So I think it will be a combination of the price point of hardware coming down, the mobile VR headsets working with everybody's phone, not just the very expensive high-end phones, and also great, great content coming out there, which the market needs.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

Strangely enough, actually, it's been a mobile game called Perfect Beach, which has been out for 18 months now and is a very simple experience.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

If you had a stressful day or boss has been moaning, you're stuck in the traffic, you can put it on and just relax and pretend you're back on your summer holiday.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

And bizarrely, a very simple product that was very quick to make.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

It's done very, very well for us.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

We tend to look at units sold at the moment.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

At the moment, VR is a little bit too early to do service games and to do certainly free-to-play titles.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

So for us, our key metric is sort of how many units were sold so far.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

And across all the titles we've launched so far, we've done just under a quarter of a million titles sold so far.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

That's VR games and experiences, which is a great start in a pretty early market, to be honest with you.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

So we have 50 people here.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

Probably about 38 of those are in development.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

So we sit down, we brainstorm ideas.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

Ideas can come from literally anybody in the studio.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

We have great game designers, but coders, artists, producers, anybody can come up with the ideas.

SaaS Interviews with CEOs, Startups, Founders
EP 595: nDreams is #1 VR Application Creator, 250,000 Sold, $6M in Funding with CEO Patrick O'Luanaigh

If we have one-page ideas we like, we then get together, we work them out, we come up with sort of further ideas, pick ones that are promising, and then they go to sort of six-page green light process where we do an ROI, we work out how much they're going to cost to make, what the sort of sales are likely to be,

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