Magic Leap's $2.6 billion bait and switch
Updated: Apr 29
4/27/2020 — in Tech Crunch today, author Jon Evans pens an opinion piece regarding Magic Leap‘s dramatic dismissal of 50% of its workforce this past eeek. The contributor to Tech Crunch discusses the history of enthusiastic investment that has led to $2.6B in investments from notable Silicon Valley investors. He notes that this sizable sum over 6 years of investment resulted in very little to show for in the way of a released product.