Friday, November 22
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$2 Billion Wasn’t Enough to Keep Magic Leap Afloat, So Now It Wants to Find a Buyer

$2 Billion Wasn’t Enough to Keep Magic Leap Afloat, So Now It Wants to Find a Buyer

After years of drumming up ridiculous hype, producing a mediocre product, and raising an absurd amount of money (a little over $2 billion, to be a little more precise), augmented-reality start-up Magic Leap is reportedly looking to sell itself. According to Bloomberg, a sale could net the company more than $10 billion—…

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