Bill Saad And His Million Dollar Bet On The Metaverse
Bill Saad is an entrepreneur known for his successful investments in many different fields.
Any company where it puts money deserves to be watched, given that the last one, for example, earned 30 million euros from the sale of half of its shares.
But what is the company that is raising eyebrows in the virtual world and what exactly does it do?
The investment
Two Reality is the virtual reality company that is now getting all the attention.
It was conceived in 2013, and since then has offered its services to companies such as United Nations, Telefonica, Reebok, Red Bull, among others.
Today, companies like Facebook, Apple and Microsoft are spending a dizzying amount of money on creating the metaverse and ways to access it.
The virtual reality business is going to continue to boom in an increasingly pronounced way, to the point where almost everyone will have direct or indirect contact with a world inside a screen.
To name a few examples, the Meta group has already invested more than $10 billion in the metaverse, and Epic Games, the creator of Fortnite, is already around $1 billion invested.
Saad did not want to miss this opportunity and has entered fully into the business, providing both financial and business resources.
Although we do not know the exact amount of the investment, everything suggests that the amount exceeds one million euros, and represents a further step in its commitment to the future, as it firmly believes that Web 3.0 and the metaverse will be present in our daily lives sooner than we expect.
Two Reality
Two Reality is synonymous with veteranism and excellence.
It has been consolidating and shaping the virtual reality and augmented reality applications industry for more than nine years now.
They offer everything from VR goggle experiences to live 360 video recording, augmented reality and many other features.
They also operate in very diverse industries: from healthcare and real estate to vocational training and big data.
Active users of the metaverse have increased tenfold in the last five years.
That represents an increase in demand for virtual reality applications that Two Reality’s management will certainly welcome.
More and more money is also being invested in this type of investment. Without going any further, the first sale of virtual land valued at more than one million dollars has already taken place.
And it is completely normal to see investors pay six and even seven figures for NFTs fresh from a new collection.
But all this has not come out of the blue.
There is one person who started investing in virtual reality when hardly anyone else was doing it, when we were still buying our first smartphones.
His name is Giovanni Cetto.
Giovanni Cetto
Giovanni Cetto is an Italian-born entrepreneur with a degree in architecture from the Politecnico di Milano.
Although he founded the company Two Reality on his own, this was not his first experience in the entrepreneurial world.
He has been involved in numerous high-caliber projects such as Sobreverso, Equent Media Group, Realmore…
And in most of these he has been involved in key roles as founder or CEO.
Cetto has more than 15 years of experience in the new technologies and innovation sector, founding companies and leading them to success.
Just as it has attracted investors such as Bill Saad, it has also turned the heads of many large investors.
The experience and creativity that guide Giovanni have been noticed among the best technology companies all over Europe.
It is no secret that virtual reality is an industry in clear expansion, so we may be facing one of the future leaders of this industry.
