Tony Mugavero is the co-founder and CEO of Rad (formerly known as Littlstar), a consumer streaming platform delivering live and on-demand Esports, music, comedy and sports. A veteran of the content streaming space, Mugavero has witnessed virtual reality’s transformation from an over-hyped new technology into a growing, real-world consumer experience. In this conversation with Stanford lecturer Emily Ma, he discusses how to build a sustainable business in a cutting-edge niche, why relationships are central to entrepreneurship, and how Rad has thrived amid the bumpy progress of VR.