Magic Leap – another unicorn startup joins the line of Enrons of Internet era

ElijahLynn · on Dec 9, 2016

This is poor quality. Magic Leap is still unique to Hololens and they have always had a very "long game" in mind. I feel this may be a little on the FUD side of things.

Also, the source of this is Slashdot > IBTimes > The Verge > The Information (which is behind a paywall). So none of us can actually read the source.

https://tech.slashdot.org/story/16/12/09/1535221/magic-leap-... > http://www.ibtimes.co.uk/magic-leap-dead-report-claims-compa... > http://www.theverge.com/2016/12/8/13894000/magic-leap-ar-mic... > https://www.theinformation.com/the-reality-behind-magic-leap

joezydeco · on Dec 9, 2016

Abovitz publicly said just a few months ago that the production line was ramping up and they were getting ready to start.

http://www.businessinsider.com/magic-leap-production-begins-...

IMO that's not a "long game" announcement by any means.

jameskilton · on Dec 9, 2016

Please don't editorialize in the headlines.

And no, there's nothing even close to an Enron situation with Magic Leap. Misleading investors is no where near the same as repeatedly pushing and encouraging your employees to reinvest retirement funds into the company at the same time that you're instigating wide-spread fraud with that same money.

gumby · on Dec 9, 2016

Previous discussion including some about proven bogosity in claims they have made: https://news.ycombinator.com/item?id=13135735