I'm not sure big money is what is needed to create a flourishing VR sector. The appeal of VR has always been creating virtual experiences that are different and unique. honestly I think it makes much more sense for that scene to be decentralised and independent. Kind of like Minecraft came about, I have trouble imagining it as some sort big money project.

I don't think the issue with VR at this point is so much technical than it is that nobody's yet been creative enough to make something truly unique with it.