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My takeaway: Magic Leap is definitely not vaporware. It is a solid first product. I agree with Ajedi32 comment that Overall it's evolutionary, not revolutionar
by soneca 8y ago
My takeaway: Magic Leap is definitely not vaporware. It is a solid first product.
I agree with Ajedi32 comment that Overall it's evolutionary, not revolutionary, which is great per se.
The hype was unacheivable, as their marketing videos are (were?) misleading to say the least. Which I think is a strategic mistake that can hurt its adoption.
If they have a chance to return all of their investment, it depends of what they will be delivering in two or three years. If it continue its evolution agressively or this product is all they have.
- TrainedMonkey 8y agoIf the choice comes to "be an optimist, over-hype, get funding, and survive until engineering investments pay off" or "be realist, get less funding, deliver even more mediocre product (because less funding = less engineering talent), and die" which one would you chose? In the end what matters is runway and culture. With enough runway and solid engineering management they have a pretty high chance to eventually release revolutionary product.
- jonny_eh 8y agoHas the former option ever worked?
- TrainedMonkey 8y agoYes, former option includes every company that bootstrapped, for example whatsapp.
- arrayjumper 8y ago> be an optimist, over-hype, get funding, and survive until engineering investments pay off > whatsapp What did whatsapp over-hype?
- TrainedMonkey 8y agoI meant latter option^^
- russdill 8y agoThe device promoted by their marketing videos still does not exist.
- ericd 8y agoUnless you have some inside knowledge, that should probably read "The device promoted by their marketing videos still has not been released". They may very well have a version that's like that that just can't yet be miniaturized within the constraints of a consumer device.