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by S4M 3790 days ago
> #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.