Comment by manigandham
6 years ago
This is an early beta product for wealthy tech-savvy trend-following early-adopting VR-wanting consumers. That's a tiny market.
Classic case of a company having no idea what they're selling and who they're selling it to but expecting billions just for existing.
Isn't it more a classic case of a company underestimating the challenges of bringing a prototype to market? Didn't magic leap's tech demo work on like a supercomputer strapped to the user's back?
Yes, but I argue that's the same thing. The end user defines the product. They could've developed and sold the original technology is a different way (stationary entertainment, movies, etc) and be far more successful.