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Something from Nothing
      
Nothing acquired the Andy Rubin-owned company that shut down a few years after it came into business. Yesterday, Nothing opened up investment to the general public and in just 24 hours, it has raised more money than Alphabet’s GV  invested in it. Its founder, Carl Pei, has also confirmed the acquisition of Essential. Starting with the acquisition, Carl Pei took to Twitter to confirm the story of his company’s acquisition of Essential. However, he has kept his lips closed on his plans with Essential. The acquisition appears to be mainly for Essential’s patents, although Pei says “trademarks” and not “patents”. 
Nothing also announced that it has reached over $18 million of registered interest in just 24 hours from more than 14,500 persons following the company’s decision to open investment to the Nothing community. That is more than the $15 million investment it secured from Alphabet’s GV.
However, the company will only be offering $1.5 million worth of shares to the Nothing Community and they will be offered on a first-come-first-serve basis.