Feedback Loup: Jurassic World VR Expedition at Dave & Busters

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Feedback Loup: Jurassic World VR Expedition at Dave & Busters

© Thinkstock

By Gene Munster of Loup Ventures

Last Friday, Dave & Busters rolled out Jurassic World VR Expedition (JWVRE) at 114 locations, making it the most widely available location-based VR experience. We gave it a try and loved it. What’s unique is the combination of experience, duration, and cost that makes it “tell a friend” quality. While the future of VR is often debated, we remain optimistic that experiences like Jurassic World VR Expedition will advance the theme.

Loup Ventures

 

Background. JWVRE is a partnership between Dave & Busters (distribution), The VR Company (licensed and developed the content), and VRstudios (hardware and platform). Dave & Busters refers to it as an “experience,” but we felt it was more akin to a “ride.” It was less of a game, even though it has a gaming element.

Experience. The ride immerses you in Jurassic World (via HTC Vive headsets) where you act as a park ranger with the objective of “scanning” as many escaped dinosaurs as possible to return them to their cages. Up to four players can be on the ride, which utilizes hydraulics and fans to simulate the sensation of speeding through the park. It was the best VR experience we’ve had in the 4 years of covering the space.

Distribution. Dave & Busters has 115 locations in the US, and last week opened Jurassic World VR at 114 locations (Puerto Rico location was excluded).  This rollout is notable given it’s the largest location-based VR rollout to date.

Cost. Much of VR’s struggle with adoption stems from the high sticker price, but location-based VR offers you a chance to experience the technology without committing to a full-blown investment. JWVRE’s 5-minute experience costs $5, in line with standard location-based VR pricing of $1 per minute. We tested JWVRE at the Towne Center Mall in Cary, NC. We visited a VR gaming arcade at the same mall and found 8 bays of HTC Vives, 3 of which were in use. The arcade also had $1 per minute pricing, but the quality of the experience was lacking. Unlike typical Dave & Busters games that use a point system, JWVRE requires the purchase of a $5 ticket. The average non-VR game runs 6.7 points (stored on a pre-paid card), which equates to about $1.30. The advantage of using the point system is players lose track of the amount they’re spending, and we believe the uptake of JWVRE would increase if users were charged 25 points instead of $5.

Disclaimer: We actively write about the themes in which we invest: virtual reality, augmented reality, artificial intelligence, and robotics. From time to time, we will write about companies that are in our portfolio. Content on this site including opinions on specific themes in technology, market estimates, and estimates and commentary regarding publicly traded or private companies is not intended for use in making investment decisions. We hold no obligation to update any of our projections. We express no warranties about any estimates or opinions we make.

[recirclink id=471676]

[wallst_email_signup]

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Our $500K AI Portfolio

See us invest in our favorite AI stock ideas for free

Our Investment Portfolio

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618