Acquisition of Virtual Property with Lorne Sugarman, CEO and Director of Metaverse Group

In this episode, the yWhales team speaks with Lorne Sugarman, CEO and Director of Metaverse Group, a virtual real estate company that facilitates the acquisition of virtual property, and provides a suite of services that are powered by blockchain and NFT-powered Metaverses. Lorne talks about the virtual landholder and the services they provide, including renting virtual land and Decentraland. He discusses the three key components for the best level of engagement with all ages and how the Metaverse Group bridges the two worlds of VR and AR with the real world.

 

About Guests

Lorne Sugarman is a seasoned senior executive with diverse experience across direct C-level operating experience, investment banking and principal investing. Lorne is CEO and Director of the Metaverse Group. Prior to the Metaverse Group, Lorne was previously the CEO of Wellpoint Health Services for 9 years where he grew the business to over 250 employees, completed and integrated seven acquisitions and ultimately was sold to CloudMD (TSX: CMD). 

Lorne spent over 20 years in advisory services with over 15+ years at GMP Securities, most recently as MD / Head of Technology Group, and spent almost 4 years as Principal at KES7 Capital Inc. Lorne started his career with Deloitte Consulting and Deloitte & Touche providing advice to clients in North America. 

Lorne holds a BA from Western University and an MBA from the Rotman School at the University of Toronto.

 

You’ll learn about:

• The Metaverse Group, a virtual landholder and the services they provide
• Three key components for the best level of engagement with all ages
• Decentraland, a virtual commerce hub for luxury fashion brands, à la Rodeo Drive or Fifth Avenue
• How the Metaverse Group bridges the two worlds of VR and AR with the real world

 

Resources: 

Connect with Lorne Sugarman: LinkedIn | Email 

Connect with YWhales: Website | BitClout | Twitter

Metaverse Group: Website | LinkedIn | Twitter

 

Timestamps

[01:30] Lorne’s background 

[06:25] Key metrics in the transition to the metaverse

[10:43] Applications of the metaverse in the real world

[14:02] The accelerating need for the metaverse

[16:59] About Metaverse Group

[23:09] One metaverse Winner vs millions of metaverses 

[29:41] Interoperability

[33:08] Evaluating opportunities

[36:14] Key components for the best level of engagement

[39:53] Ease of use / Compelling users

[43:49] Bridging the 2 worlds VR/AR and the real world

[52:56] Alpha drop

[57:01] How to contact Lorne

 

DISCLAIMER: yWhales is not affiliated with YPO but at this time only allow for YPO, YPO Gold, and YNG members due to privacy & confidentiality. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.