Matterport: Bridging the Physical and Digital Worlds Through 3D Content
Matterport is a company that captures physical spaces and turns them into interactive 3D replicas. With 100s of 1000s of subscribers, 8.7m spaces in 177 countries, and clients like Netflix, Redfin, WaldorfAstoria, AWS Cloud, and Choice Hotels, Matterport is a public company.
Elizabeth Yin 💛
Co-founder @hustlefundvc. Democratizing wealth via entrepreneurship. Entrepreneur-investor. SF Bay Area native. My email newsletter: https://t.co/HTK9QmFYJA
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For my very first company, I made the classic mistake of building a product and then searching for where it could solve a problem. It didn't work.
— Elizabeth Yin 💛 (@dunkhippo33) April 6, 2023
And, for most companies, this strategy doesn't work.
But, never say never, sometimes it does.
Read on >> -
1) @Matterport captures physical spaces and turns them into interactive 3D replicas. They have 100s of 1000s of subscribers, 8.7m spaces in 177 countries + clients like@netflix@Redfin@WaldorfAstoria@awscloud@ChoiceHotels
— Elizabeth Yin 💛 (@dunkhippo33) April 6, 2023
They are a public company. -
2) It all started because the founder Matt Bell @thismattbell was really into computer vision technology.
— Elizabeth Yin 💛 (@dunkhippo33) April 6, 2023
He knew that the concept of bridging physical and digital worlds through 3D content was a good one… he just didn’t know quite how he was gonna do it. -
3) Luckily this didn't faze @thismattbell.
— Elizabeth Yin 💛 (@dunkhippo33) April 6, 2023
After starting, growing + sunsetting his 1st startup, Matt built the software that would eventually become @Matterport.
Then he built the hardware. -
4) The product was some seriously cool tech. But cool tech needs buyers. So Matt took 18 mo to figure out the best use case for @Matterport.
— Elizabeth Yin 💛 (@dunkhippo33) April 6, 2023
He explored:
-scanning bodies for virtual shopping
-industrial equipment installation
-construction
-insurance
-real estate -
5) Real estate was the clear winner. For a product that didn’t have a problem to solve, @Matterport solves a lot of problems.
— Elizabeth Yin 💛 (@dunkhippo33) April 6, 2023
It helps real estate agents win listings, apartments fill units, venues close bookings.
It even fast-tracks construction projects. -
6) So, there's no one way to start a company.
— Elizabeth Yin 💛 (@dunkhippo33) April 6, 2023
And we're lucky to have @thismattbell speak at #CampHustle on May 17 about @Matterport.
Matt is really, really good at taking a startup from 0-100.
Sign up today to hear his story: https://t.co/2cqwJx1BrK