Speaker unverified: evaluation

Transcript context

…Let's do it. As Ben said last, we left you guys the plucky Rec Room crew. It was February 2018, you'd raise this great seed round from Sequoia. You'd also raised an internal A from Sequoia that I think you didn't announce by then. Everything seemed to be great. I was actually wondering before we get into what's happened since, we didn't talk as much about the real founding story of Rec Room back then. I was wondering if we could revisit it this time of how you guys actually came together out of Microsoft and started this company. It’ll be a really good context for entrepreneurs out there to understand. It may be that there's not always a big grand plan to become a billion-dollar company from the beginning. The founding stories you normally hear are a very cleaned-up narrative of, I had this vision or I was doing this mundane tasks, and I this light bulb like went off. That was not true for us. I was working on HoloLens team at Microsoft, and I've been working on it for maybe four or five years, and it was right before the first headset launched. My team was really focused on consumer products for HoloLens, like video games. Essentially, like what kind of games are people going to play at HoloLens? As the HoloLens team progressed it really shifted far away from consumers towards, let's shoot aliens in your living room, to let's help Boeing assemble jet engines. It really went enterprise and military, and it left my team that I was working with as kind of irrelevant. A bunch of us got reorg’d. We have this team, we all loved working together, and then the team got— Where do you get reorg’d to?…

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