Jan 19, 2020 adminmiden Artificial Intelligence, BeautyCon, CAA, clutter, digital media, Disney, DraftKings, Entertainment, Ex Machina, Geico, Influencer Marketing, Instagram, machine learning, Marketing, Patreon, programmatic advertising, Robinhood, social media, TC, Twitch Shadows’ Dylan Flinn and Kombo’s Kevin Gould on the business of ‘virtual influencers’ In films, TV shows and books — and even in video games where characters are designed to respond to user behavior — we don’t perceive characters as beings with whom we can establish two-way relationships. But that’s poised to change, at least in some use cases. Interactive characters — fictional, virtual personas capable of personalized interactions — are defining new territory in entertainment. In my guide to the concept of “virtual beings,” I outlined two categories of these characters: virtual influencers: fictional characters with real-world social media accounts who build and engage with a mass following of fans. virtual companions: AIs oriented toward one-to-one relationships, much like the tech depicted in the films “Her” and “Ex Machina.” They are personalized enough to engage us in entertaining discussions and respond to our behavior (in the physical world or within games) like a human would. Part 2 of 3: the business of virtual influencers Today’s discussion focuses on virtual influencers: fictional characters that build and engage followings of real people over social media. To explore the topic, I spoke with two experienced entrepreneurs: Dylan Flinn is CEO of Shadows, an LA-based animation studio that’s building a roster of interactive characters for social media audiences. Dylan started his career in VC, funding companies such as Robinhood, Patreon and Bustle, and also spent two years as an agent at CAA. Kevin Gould is CEO of Kombo Ventures, a talent management and brand incubation firm that has guided the careers of top influencers like Jake Paul and SSSniperWolf. He is the co-founder of three direct-to-consumer brands — Insert Name Here, Wakeheart and Glamnetic — and is an angel investor in companies like Clutter, Beautycon and DraftKings.