2019’s Boldest Media & Tech Companies (The “Fearless Five”)
Welcome to the fourth annual “Fearless Five” – the five companies that made the boldest and most audacious media-tech moves of the year put together by Forbes Magazine. That doesn’t mean that these companies ultimately will be the most successful. But it does mean that they were the most fearless and made the biggest bets in 2019. Each can be defined by its own signature Wow! moment and is named in its respective order of boldness.
#4 Is Magic Leap
The most enigmatic and talked about company in the immersive world, Magic Leap, leaped back onto this year’s “Fearless Five” after having fallen off completely for the last two years (the company last appeared at the #2 spot on my 2016 Fearless Five list). This augmented reality (AR) company finally released its long-awaited version 1 AR “glasses” one year ago (to mostly positive reviews). Meanwhile, this year it continued to raise insane amounts of cash to fuel its lofty, and still largely unrealized, ambitions. The unicorn’s overall haul now stands at $2.6 billion plus (yes, billion!). But that’s just the half of it. Magic Leap just announced that it is now raising hundreds of millions more, which likely will take it over an unprecedented $3 billion magic number.
Do you want to know who the other four companies are? Click here