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Magic Leap in talks for $400m Saudi cash injection

• shafyy 9y ago
  I just can't wrap my head around the fact that they are about to have raised $2.3bn with a product that isn't released but in development for 8 years. 8 years. They almost started before the first iPhone.
  • Holomakerbot 9y ago
    They only got funding in 2014. Before that it was just a guy in his garage tinkering with concepts. People often think they’ve been making t for 8 years because that’s when the company was founded. But actually at that time they were working on an iPhone app, not a headset.
    • shafyy 9y ago
      That doesn't matter. They still have been working on something for 8 years and haven't released a product yet.
      • deleted 9y ago
        [deleted]
      • Holomakerbot 9y ago
        4 years. It matters.