Magic Leap has apparently raised another $350M

Re:Magic Leap has apparently raised another $350M by robgibbons on Thursday May 21, 2020 @07:11PM (#23266694)

This is the startup equivalent of "too big to fail."

They have capitalized so much that they need to capitalize even more to make their previous capitalization make sense.

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Re:Magic Leap has apparently raised another $350M by cyrux004 on Thursday May 21, 2020 @07:21PM (#23266790)

I doubt if we investors who funded earlier wil want to continue doing that. At some point they have to decide to cut their losses. Like wework

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Re:Magic Leap has apparently raised another $350M by eganist on Thursday May 21, 2020 @07:55PM (#23267081)

Only if the product begins to feel infeasible. But as computing hardware continues to shrink and ML improves their processes, I'm willing to bet a lot of investors see success as an eventuality.

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