Sandbox VR just announced they’ve hit a whopping $200 million in revenue. That’s a lot of zeros. And guess what? They’re not even slowing down — 29 new spots coming up this year alone. I mean, it’s kinda wild if you think about how they were almost wiped out by the whole 2020 chaos. Filing for bankruptcy is a party no one wants an invite to… not even for the snacks. But boom, 2023 rolls around, they’re alive and kicking. Like really kicking.
So, you know VR, right? Sandbox VR is like the Sherlock Holmes of this gaming space mystery. They made $75 million in just this year — 2024, in case you lost track of time, which happens to me all the time. Honestly, those squids must be printing money with $30 million flying in just from their Squid Game setup. I played it once — the game, not the VR thing. But now with VR, it’s like, why just sit on your couch when you can actually feel like you’re right there, running for your virtual life?
Anyway — wait, where was I — oh yeah, Sandbox VR plans to open like half again the number of places they already have. Philly gets the lucky 60th spot. Ever been to Philly? The cheesesteaks are something else, but that’s beside the point. The real point, I guess, is their mind-boggling global takeover: US, Europe, Middle East, and the list keeps scrolling. I almost expected to see Mars on there. Maybe one day, who knows?
The number of franchises they’re signing is nuts too. Like 83 sold since the beginning of this year. Not sure what’s in the water, but it’s working. Steve Zhao, the big cheese, must be over the moon saying how their $200 million milestone is proof people dig what they’re doing. It’s like everyone’s keen on ditching reality for a while — honestly, tell me about it. And with this demand? Yeah, they’re practically on fire. Fun fact: over 117,000 people popped into their VR worlds each month this year. Kind of like having a couple of packed stadiums go VR every month.
By next year, they’re thinking 150,000 monthly dream-chasers. Wish I had that kind of sticky note count on my fridge for reminders. Wonder what the future holds… flying VR, maybe?