Rothenberg Ventures Downsizes Amid Reports of Lavish Spending
Early VR investor Rothenberg Ventures, led by Mike Rothenberg, was the subject of a bombshell article by Techcrunch that relied on anonymous sources to outline lavish spending that resulted in a situation where “very few people” will be left at the company.
Among the eye-opening details:
“...Rothenberg began to spend an inordinate amount of time managing his reputation, as questions began to surface around how he afforded it all. When Bloomberg last year questioned the firm’s ability to finance itself, Rothenberg sent two employees to SFO, purchasing them airline tickets so they could head to airport newsstands and buy copies of the issue in hopes that it wouldn’t be as widely read.”
Minecraft is becoming a lightning rod for discussion about comfort in VR, with Polygon publishing a piece by a writer who deactivated the comfort features and then wrote “nothing I’ve done in VR has made me feel more ill.”