philip lelyveld The world of entertainment technology

Even if Magic Leap’s goggles suck, it can probably still make money off them

Ozi Amanat, founder of VC firm K2 Global, which invested in Magic Leap’s $542 million series B funding round in 2014 along with Kleiner Perkins, Google, and others, said he saw the intellectual property as a buffer to his investment.

“It definitely gave me a lot of comfort looking at the company,” said Amanat, who is based in Singapore.

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