[Theodores]

It is easy to have a billion dollar company if you have borrowed two billion. And haven't spent all the loot on salaries.

The company has a cool name and the product area is divisive. Some say it is vapourware and nobody wants Oculus Rift style VR. Others are gung-ho. It's like Bitcoin all over again.

Although this tech is being done with AI, it was being done with non-AI approach two decades ago for movies/TV. But it wasn't as if people ported this tech to their smart phones from the SGI desktop monsters of yesteryear.