VRChat is a startup operating in the virtual reality (VR) and social networking market. Its primary offering is a platform that allows users to create, share, and play in VR environments. The platform is unique in that it does not require a VR headset, making it accessible to a wider audience. VRChat's clientele is diverse, ranging from VR enthusiasts to individuals looking for new social experiences.

The company's business model is centered around user-generated content. It provides users with a Unity SDK (Software Development Kit), a set of tools that allows them to create their own VR worlds and avatars. This model fosters a sense of community and encourages continuous engagement with the platform.

VRChat also offers features such as full-body avatars with lip sync, eye tracking, and a complete range of motion, 3-D spatialized audio, and a variety of games and activities. These features enhance the user experience, making the platform more immersive and interactive.

The company generates revenue through a freemium model. While the basic use of the platform is free, VRChat offers premium features at a cost. These include access to exclusive worlds, priority server access, and increased avatar slots.

In summary, VRChat is a user-driven VR social platform that offers a unique, immersive experience. It operates in a growing market and has a business model that encourages user engagement and monetizes premium features.

Keywords: Virtual Reality, Social Networking, User-Generated Content, Unity SDK, Full-Body Avatars, 3-D Spatialized Audio, Freemium Model, Premium Features, Immersive Experience, Community-Driven.