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Magic Leap Raises another $280M ($2.6B total funding!)
- Radzell 7y agoCan anyone tell me what this company has done to earn this type of funding.
- wodenokoto 7y agoWhat does the article mean when it says the company is "Plantation-based"?
- MichaelKovacs 7y agoPlantation is the city in Florida they are based in.
- joshmn 7y agoMeans someone didn't realize what they were writing. "Based in Plantation, Florida" would be so much more digestible.
- randyrand 7y agoIt's a Miami newspaper. People know what Plantation refers to.
- kkarakk 7y agomagic leap is one of those companies sitting on a goldmine waiting for a platform(AR glasses) to become a reality. if they could even make a sensor that'd fit into a smartphone,it'd be killer. the latest htc flagship u12+ tries to do what vive does already with hand sensing in the camera and such. it would be amazing if they opened a layer of interaction on top of just touching the phone
- imtringued 7y agoHonestly it shouldn't take a billion to make a viable product. I mean come on that is more than 20 Juiceros worth of funding. Why is VR/AR still not compelling enough after years of investments?
- chansiky 7y agoTo be fair, what Magic Leap is doing is a few orders of magnitude more complex and innovative than what Juicero was attempting to do. As in, its an industry that doesn't quite exist yet, there are problems that were never thought would be problems in the first place, and the whole concept of programming things for real time three dimensional overlay on a device that's light enough to fit on your head is kind of a bigger challenge than squeezing a smoothie out of a large ketchup package. But I would like to see where and how the money is being spent.