Andy Rubin explains his $300M bet on the future of hardware | TechCrunch

Andy Rubin explains his $300M bet on the future of hardware | TechCrunch



At Playground, Rubin and his team — a bench of around 15 engineers that are experts in fields like computer science and mechanical engineering — are incubating around 15 companies, Rubin said. The way it works is that companies that are basically envisioning new ways of how computing can interact with the real world come up, they’re given the resources — and financing — figure it out and then head off into the real world...



... “One thing playground does well is we have the bench of engineers, a lot of capital to invest, we act as a traditional Venture Capital firm. We wait for people to come through the door, like the quantum computing company, and say yes we’ll invest in that. Every now and then we’ll do our pattern matching. We’ll notice that someone isn’t walking in the door. So we the notion of hatching companies out of Playground using the resources that are the bench of engineers, funding it and setting it free. I do have one actively being hatched in the mobile space.”