Who put in $350 million more? Did anybody? So far there's just an internal email... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		Animats on May 29, 2020 \| parent \| context \| favorite \| on: Translation from VC-Backed PR Jargon to English of... Who put in $350 million more? Did anybody? So far there's just an internal email from Magic Leap management.

rapsey on May 29, 2020 | [–]

Someone suffering from sunk cost fallacy maybe

ur-whale on May 29, 2020 | | [–]

Softbank?

They've been know to do way dumber things.

kovacs_x on May 29, 2020 | [–]

or it's almost as if they sold to someone, just named it differently. I'm assuming if they flop after those 350M, everything (IP, materials, etc) will go to those investors.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact