“The&irmwasstartedbyPhilChen,thefounderofHTC’s Vive virtual reality project, aswell asserial entrepreneurs and investors AmittMahajanandPaulBragiel.Mahajanco-createdthemonsterhitZyngagameFarmVille.”FastCompany

“Its founding partners are Ami3 Mahajan, who co-created the popular game FarmVille while at Zynga;PhilChen,founderofHTCViveVRgoggleproject;andPaul Bragiel, a tech scene invesHng veteran. Theirfirm isbelieved tobe thefirstVC to focusexclusivelyonVR/AR.”USAToday

“SerialentrepreneurAmittMahajan, theco-creator of FarmVille, believes the bestopportunity for game startups is at thebeginningofanewplatforms.That’swhyhehas teamed up with former HTC executivePhil Chen and startup veteran Paul Bragielto create Presence Capital, a seed fund to&inance games and apps for virtual realityandaugmentedreality.”VentureBeat