After Walt Disney, Robert Iger Heads to the Metaverse

Robert Iger spent decades helming a company known for its animated characters. For his next act, the former Walt Disney Co. boss is backing a startup that celebrities and others are using to create avatars for the much-hyped metaverse.

In his first career move since leaving the entertainment company in November, Mr. Iger has taken a board seat with Los Angeles-based Genies Inc. He is also an investor in the business, one of five fledgling tech companies he recently backed. Other Genies investors include Mary Meeker’s Bond Capital, Breyer Capital and New Enterprise Associates.

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