https://qz.com/1288709/essential-and-andy-rubin-apparently-blew-through-100-million-building-a-smartphone/

How much should it cost to make a nice smartphone?

For Essential, the startup founded by the creator of Android, Andy Rubin, it was apparently $100 million. Bloomberg reported today, May 24, that the company has canceled plans for a follow up to its first phone, released last year, and is mulling whether to sell itself.