[shady_trails]

I am happy to see they pulled this magnitude of investment. Curious why? There are exactly two possibilities:

1. The product is developed and released in a few years, its amazing, and everyone is happy.

2. It sucks, investors lose their money.

#1 is a win for me, #2 is a who cares.

[S4M]

> #2 is a who cares.

It's a very shortsighted reasoning. If this turns out to be a completely lost investment, investors will become wary of investing in VR startups, which will have for consequences less R&D jobs in virtual reality (which itself will decrease negotiating leverage of all R&D engineers), and less VR products, sold at a more expensive price.

I don't know anybody who works at Magic Leap, but I'd rather prefer they don't waste all that money.

[robotresearcher]

Whether it succeeds or fails, you might consider the opportunity cost of that financial investment and hours of work.

For example, that's a lot more than the development of the original Macintosh, roughly 0.5% of the Apollo program and roughly 3% of the Manhattan project (both in today's dollars).

[beisner]

Although, if the whole thing ends up being a misguided boondoggle, it means that money wasn't invested in other, potentially viable companies.