5 ms·

The reason it makes headlines is because the value of IP is very volatile and bogus collateral is a very old scam (not only in banking btw, fake valuations are

The reason it makes headlines is because the value of IP is very volatile and bogus collateral is a very old scam (not only in banking btw, fake valuations are a feature of many scams). If I go to the park, pick up a rock, and then go to a bank and say there is diamonds inside worth $1m, and they lend against that then I have made $1m. If you lend against collateral, you are making a bet on the collateral being worth $X. JP Morgan have no idea what the IP is worth. And btw, what is Magic Leap? They have got billions from investors with no product, they have now got billions from JPM with no product...either they have some of the most valuable patents known to man or this is an almighty scam (to be honest, I always hope it is the former because you have to be an abhorrent human being to pull off the latter...but that never is the case).

ekc 7y ago
They released their product months ago.
- iamaelephant 7y ago
  Did they? I googled "buy magic leap" and all I can find are dev units ("Creator Edition"). That's not a consumer product. That's a pre-requisite for a consumer product. Magic Leap have never released a product for general sale.
  - v64 7y ago
    You can buy a Magic Leap at https://shop.magicleap.com/ https://shop.magicleap.com/
    - mikekchar 7y ago
      Weird. The developer version is $500 more than the "personal version", but seems to include only the "Developer Hub" (apparently: "[...] a split cable that connects the computer to the power source to enable uninterrupted development time while charging") and support. Is there any other distinction?
      - v64 7y ago
        The Developer Plus version is $500 over the Developer version, and the only difference is an extra year of priority service. It doesn't look like there any differences other than what you pointed out.
  - rawoke083600 7y ago
    I agree with you ! I know the words for many years (Magic Leap) but I can never remember their product or promise they offer, I spent a fair amount of time on line and reading the news. I've also "missed" their product offering.
deleted 7y ago
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ekc 7y ago

They released their product months ago.

iamaelephant 7y ago
Did they? I googled "buy magic leap" and all I can find are dev units ("Creator Edition"). That's not a consumer product. That's a pre-requisite for a consumer product. Magic Leap have never released a product for general sale.
- v64 7y ago
  You can buy a Magic Leap at https://shop.magicleap.com/ https://shop.magicleap.com/
  - mikekchar 7y ago
    Weird. The developer version is $500 more than the "personal version", but seems to include only the "Developer Hub" (apparently: "[...] a split cable that connects the computer to the power source to enable uninterrupted development time while charging") and support. Is there any other distinction?
    - v64 7y ago
      The Developer Plus version is $500 over the Developer version, and the only difference is an extra year of priority service. It doesn't look like there any differences other than what you pointed out.
- rawoke083600 7y ago
  I agree with you ! I know the words for many years (Magic Leap) but I can never remember their product or promise they offer, I spent a fair amount of time on line and reading the news. I've also "missed" their product offering.

deleted 7y ago

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