3 ms·

I am happy to see they pulled this magnitude of investment. Curious why? There are exactly two possibilities: 1. The product is developed and released in a fe

• S4M 11y ago
  > #2 is a who cares. It's a very shortsighted reasoning. If this turns out to be a completely lost investment, investors will become wary of investing in VR startups, which will have for consequences less R&D jobs in virtual reality (which itself will decrease negotiating leverage of all R&D engineers), and less VR products, sold at a more expensive price. I don't know anybody who works at Magic Leap, but I'd rather prefer they don't waste all that money.
• beisner 11y ago
  Although, if the whole thing ends up being a misguided boondoggle, it means that money wasn't invested in other, potentially viable companies.
• robotresearcher 11y ago
  Whether it succeeds or fails, you might consider the opportunity cost of that financial investment and hours of work. For example, that's a lot more than the development of the original Macintosh, roughly 0.5% of the Apollo program and roughly 3% of the Manhattan project (both in today's dollars).