Karl Guttag , KGOnTech - Dec 7 2021 (yesterday):
In the world of AR “scams”, the $3.5 Billion (over 2.5 times Theranos’s $1.3B) into the Magic Leap has to be right at the top.
The other contender would have to be Microvision. They have lost about $600M plus about $90M US government money from an “earmark” pushed through by a US Senator they later put on their board. Microvision went from a low of about 20 cents a share to a high of about $28 per share and a market cap over $3B in less than a year based on hyping their Lidar which people who know Lidar tell me is nothing special, yet no profitable deals have been announced and the company continues to lose about $1M per month and some months much more. The product of Microvision seems to be selling stock.
Thursday, December 9, 2021
The other Guttag thing there Porter is would anybody working on IVAS go into their development work, I don't think I'm exaggerating, despising a certain company and Tech and have to go to the Office and try to to make it usable? KG can be weirdo but I don't think he's crazy. That would be like a strict Vegan working the line in an abattoir. The LiDAR slam is a Bonus as Zielier would say...
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