[tayo42]

I don't understand why magic leap has so much investment with nothing to show. Just in general I don't see how it could be worth that much. It's cool in a nerd way but doesn't seem to have real value. Like how is this going to make a meaningful impact on the world?

[tim333]

Their product comes out in 11 days. I guess the bull case is people buy the thing. They are being secretive but here's Scoble and others being upbeat in their promo vid https://youtu.be/XxwrXacMe6Y?t=25s

[tayo42]

Didn't know they're coming out with something so soon. I guess we can all judge then. lol

I guess still to me virtual reality glasses seems like a very cool gimmick. If its a general purpose consumer product its success would be really dependent on a "killer app" and affordability. I guess we'll see... thats a lot of money invested.

[shkkmo]

Isn't that about Meta, not Magic Leap? I can't find any info about a Magic Leap product coming out in the near future.

[prostoalex]

with nothing to show to the public

I am assuming investors are blown away by something before writing those checks.