Benedict Evans preaches patience after a leaked photo shows clunky hardware. [Read More]
Summary… * Machine-Made
Secretive augmented reality startup Magic Leap suffered another PR blow yesterday when Business Insider published a photo alleged to be a recent prototype of the company’s futuristic tech.
In a post about “fake tech” last December, columnist Phil Baker likened Magic Leap to Theranos.
Andreessen Horowitz partner Benedict Evans says the tech is real, just not ready to ship yet.
That feels like the next multitouch — Benedict Evans (@BenedictEvans) February 11, 20175/ and having the Magic Leap demo is as impressive as the original multitouch demo.
Maybe worse.”Gloating aside: As an investor, Evans has an interest in encouraging more uncritical praise over criticism of real problems, since the latter might dent Magic Leap’s $4.5 billion valuation.
Opinion… * Man-Made