It's funny that people are so anti-AR/VR that they called Magic Leap a scam for raising $3B, but a 10 minute video streaming app that burns through $2B in 6 months is completely legitimate? I understand that content can be expensive, but Magic Leap did produce actual consumer hardware, and Microsoft and others have spent similar amounts to make comparable hardware. I'm not saying that Magic Leap is a successful company by any stretch, but if ML is a Theranos style scam, then Quibi was as well.