Ex-Disney CEO Bob Iger’s next step: Investing in a metaverse start-up run by a 29-year-old

Former Disney chairman and CEO Bob Iger is putting his name and money behind a new company that’s aiming to dominate the future of the internet and the metaverse.

On Monday, 3D avatar start-up Genies announced that Iger is joining its board of directors and investing an undisclosed sum in the Los Angeles-based company. Founded in 2017, Genies’ mobile app allows users to create their own custom digital avatars – three-dimensional cartoon versions of themselves – for their social media profiles and, eventually, to travel the metaverse. […]

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