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Ellsworth is a personal hero of mine - incredibly smart, wildly talented and has a real vision for this space.

All that being said, it's a nightmare of a space which is why I don't think there's been a big funding event for Tilt5.

"Meta View" was an AR company that raised $75mil, had a star studded list of VR/AR technology folks, only ever shipped a couple thousand units and now is defunct.

Magic Leap raised $3.5 Billion and now has given up on shipping a consumer device (Enterprise only).

Microsoft's Hololens exited consumer applications even earlier, enterprise only.

Oculus Quest is the most successful consumer VR tech (about 5 million sold) but it's really unclear if they're anywhere close to turning a profit and they've spent tons to try and jump start game developers in VR.

Tilt5 would require from the ground up games to be made, large volumes of orders/units to be profitable and even if all that came together could still be kneecapped by chip shortages and supply chain issues.




Wrong thread?

Edit: I guess it is for Tilt-5 Was Magical [1], I copied your reply over there.

[1] https://news.ycombinator.com/item?id=29317390


Thanks, too many tabs open.




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