You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
Magic Leap has raised $2.3B in total at a valuation of $6B. A consumer play before product/market fit. I hope there's more to it than what the public knows and that it works out for them 
https://www.bloomberg.com/news/articles/2018-03-07/magic-leap-raises-461-million-from-saudis …
Seemed to me that for successful giant tech companies, the fundamental tech breakthroughs take place before the startup gets formed, then the seed funding is used to find product/market fit, then the big $ is used to scale. Is this naive? Are there historical counter-examples?
Assuming all the $ gets spent, if they sell a $1000 device with a 10% net profit margin, then for investors to even *recoup* their money, Magic Leap will need to sell about 23M units -- nearly as many as the total number of XBox One units ever sold. A bold bet
If you're expecting a 10x return (say, with 20% probability, so you make 2x if you place enough bets, which starts beating the SP500 over the same timescale), you'll need to create a bigger market than the global gaming console market. This is why I'm not in VC
Reminds so much of General Magic. Remember? Cloak of mystery. The hype. Money sponge. The ‘too big to fail’ before they got started... emperor has no clothes. VR just sucks. A niche play in a few verticals. Even in entertainment it’s a feature not a product. Aaargh
And it's not like it's totally new tech, hololens is a good comparable product. Maybe they do it better, maybe cheaper, but it doesn't look like a 60bn company
The thing with valuations and money raised is that sometimes the strings attached make the reality very different from what is communicated. Illustrative example: "unico raises 1bn at 5bn valuation" could be the press release associated to the following specifics:
"Vc pool gave 1bn to unico against 20% of outstanding shares + the instant repayment of .8bn in company debt to related investor pool + the agreement that none of the 0.2bn will be spent without approval + options on an extra 40% of shares should milestone x not be met by date y"
knowing SV investors/startups, there probably isn't and it probably wont 
After all this time and money, it had better be good!
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
