Created by PaulGraham's Y-Combinator as a kind of new XeroxParc or blue-sky research lab.
Brought in a lot of amazing people including :
But only lasted a couple of years.
Not sure if that was the plan. Or if they decided it wasn't worth it.
Some good stuff seemed to have been investigated but not sure if they had time to really develop it.
DynamicLand I think is one outcome