No. Magic Leap succeeded in delivering a technically impressive AR experience with multiple (2) focal planes. Their failure was in not realizing that the overal

No. Magic Leap succeeded in delivering a technically impressive AR experience with multiple (2) focal planes. Their failure was in not realizing that the overall experience wouldn't be useful enough to build a business with enough revenue to support the development cost. That's due to a combination of factors like low brightness, small FOV, weight, cost, and difficulty of developing world/object tracking for compelling AR apps. Also Microsoft totally stole their thunder with Hololens coming out first.