Re:Magic Leap raising up to $1B in new round
by new299 on Thursday October 12, 2017 @09:36PM
(#15462711)
> Of all the companies, good for them for raising more. A moonshot to build the metaverse is what a tech startup should be.
I somewhat agree, but wouldn't it create a better environment funding 10 or 100 smaller startups? I know you can argue that "this is just how much it takes to do this". But in my opinion it's more likely that you could reach your goal funding 20 companies with 100MUSD (which is still a huge amount of money, even if you're doing custom silicon).
I somewhat agree, but wouldn't it create a better environment funding 10 or 100 smaller startups? I know you can argue that "this is just how much it takes to do this". But in my opinion it's more likely that you could reach your goal funding 20 companies with 100MUSD (which is still a huge amount of money, even if you're doing custom silicon).