Hacker News Reader

> #2 is a who cares.

It's a very shortsighted reasoning. If this turns out to be a completely lost investment, investors will become wary of investing in VR startups, which will have for consequences less R&D jobs in virtual reality (which itself will decrease negotiating leverage of all R&D engineers), and less VR products, sold at a more expensive price.

I don't know anybody who works at Magic Leap, but I'd rather prefer they don't waste all that money.

Whether it succeeds or fails, you might consider the opportunity cost of that financial investment and hours of work.

For example, that's a lot more than the development of the original Macintosh, roughly 0.5% of the Apollo program and roughly 3% of the Manhattan project (both in today's dollars).

Although, if the whole thing ends up being a misguided boondoggle, it means that money wasn't invested in other, potentially viable companies.