Magic Leap CEO Rony Abovitz is stepping down as CEO, says the company has raised “significant” funding and pivoted to spatial computing for enterprise
Magic Leap CEO Rony Abovitz confirmed he has raised a new round of funding, and he also said that he will step down as the augmented reality company's top executive.
VentureBeat Dean Takahashi
Related Coverage
- A Message from Rony — As we've shared over the last several weeks … Magic Leap
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- Translation From VC-Backed PR Jargon to English of Magic Leap CEO Rony Abovitz's Statement That He's ‘Stepping Down’ Daring Fireball · John Gruber
- Magic Leap is looking for a new CEO as founder Rony Abovitz is stepping down TechSpot · Shawn Knight
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Discussion
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@dhh
@dhh
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“As nearly everyone has finally realized, our actual technology is nothing at all like what we promised, lied about for years, and sold gullible deep-pocketed investors on. Our con is falling apart at the seams”, savage translation 🎯 https://daringfireball.net/...
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@mikewehner
Myke
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I can't imagine why. https://twitter.com/...
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@kerrymflynn
@kerrymflynn
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Wait ... catching up here ... I thought Magic Leap was supposed to be like the future of LucasFilm and let me put elephants in my hand. And now it's an enterprise company?! https://twitter.com/...
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@counternotions
Kontra
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ElOhEl, Magic Leap: “we have pivoted to focus on delivering a spatial computing platform for enterprise...now is the time to bring in a new CEO” https://venturebeat.com/...
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@mcwm
Mike Murphy
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i mean if u need a CEO to raise u $3 billion and put out exactly one (1) underwhelming thing in nearly a decade, he's on the market ? https://twitter.com/...
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@patrickmoorhead
Patrick Moorhead
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Unfortunate but necessary. Other than not delivering on the futuristic technology, the communications strategy execution was possibly the worst I've ever seen. https://twitter.com/...
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@trace_cohen
Trace Cohen
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He took a $3B “leap” of faith... Really too bad that it didn't work out. https://twitter.com/...