Magic Leap raises $827M in Series C
31–40 of 183 posts
Re: Magic Leap raises $827M in Series C
#32Earlier quoted context omitted.
You might be able to find someone to create a derivative on it. You would probably need a non-trivial amount of money to make it happen.
That's what I figured. I wish there was some SaaS-ish fund/Kickstarter where multiple small investors could go together for this kind of thing for a nominal fee.
Re: Magic Leap raises $827M in Series C
#33Earlier quoted context omitted.
When your product has been featured in nearly every science fiction movie of the last few decades does "the market" really need to be proven?
Given the former omnipresence of flying cars in science fiction movies, I would say yes.
Re: Magic Leap raises $827M in Series C
#34I don't know where I stand on this. To be raising such ridiculous amounts, they must have some incredible technology to demo. If they're anything close to what the second demo video shows, then they're basically building Tony Stark's home computer interface in Iron Man.
I used to think along this line too. But examples like Theranos make me more skeptical
Re: Magic Leap raises $827M in Series C
#35I don't know where I stand on this. To be raising such ridiculous amounts, they must have some incredible technology to demo. If they're anything close to what the second demo video shows, then they're basically building Tony Stark's home computer interface in Iron Man.
> they're basically building Tony Stark's home computer interface in Iron Man.
Since you're bringing up Marvel - I fear the reality, at least with first released products, will turn out somewhat like this:
Re: Magic Leap raises $827M in Series C
#36Seems a bit much, doesn't it? This might be the pets.com of the twenty-teens.
Re: Magic Leap raises $827M in Series C
#37Can anyone explain what force is recoiling the shooter's hand in the second video? Or is that gun computer-generated?
Thus, the shooter is recoiling the gun himself, to fit the narrative.
Re: Magic Leap raises $827M in Series C
#38Earlier quoted context omitted.
That's what I figured. I wish there was some SaaS-ish fund/Kickstarter where multiple small investors could go together for this kind of thing for a nominal fee.
That would probably get shut down pretty quickly, as it would be essentially allowing a group of small-time players to make non-sports-related proposition bets.
Re: Magic Leap raises $827M in Series C
#39Earlier quoted context omitted.
Along these lines - is there an example of a technology company that succeeded after raising so much money without proving their product in the market?
When your product has been featured in nearly every science fiction movie of the last few decades does "the market" really need to be proven?
Re: Magic Leap raises $827M in Series C
#40Magic Leap has a patent application for "contact lenses" technology [1] Imagine if instead of having to put somewhat ridiculous and obtrusive glasses in front of your face, you could just use contact lenses that had this augmented reality capability. It would be ... life changing. [1] http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=H...
Glasses plus contacts might be a good idea. The generator could sit on the frames. The contacts would allow you to use a small amount of light to get the same effect as an Oculus, which means much smaller power requirements.
Still, to project light, you need some way of projecting light. It's hard to imagine something that can be embedded into a contact lens which is also transparent. And if it's not transparent, it's not really augmented reality.
Fun to imagine. Hopefully someone will come up with something.