Magic Leap raises $827M in Series C
techcrunch.com
Magic Leap raises $827M in Series C
1–10 of 183 posts
Re: Magic Leap raises $827M in Series C
#2The rumor back in October was that Alibaba was leading a $1B funding round.
Re: Magic Leap raises $827M in Series C
#3[deleted]
Re: Magic Leap raises $827M in Series C
#4Seems a bit much, doesn't it?
This might be the pets.com of the twenty-teens.
Re: Magic Leap raises $827M in Series C
#5I 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.
Re: Magic Leap raises $827M in Series C
#6How can a private investor feasibly do a fixed down-side, small-stakes shorting of Magic Leap? Hypothetically speaking.
Re: Magic Leap raises $827M in Series C
#7I didn't see in the article -- what was the post-money val?
Re: Magic Leap raises $827M in Series C
#8How can a private investor feasibly do a fixed down-side, small-stakes shorting of Magic Leap? Hypothetically speaking.
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.
Re: Magic Leap raises $827M in Series C
#9Augmented reality has been the sci-fi dream forever, but I'm really, really skeptical about its applications in real life. Not that they don't exist - the shoot-em-up game demoed in that video looks fantastic. The Gmail app looks horrendous. Worth billions? Depends on the implementation, and a demo video is very far from the real thing. I wouldn't be investing.
Re: Magic Leap raises $827M in Series C
#10Kinda amazing how these guys are past Series C now and still haven't released a product.