Facebook acquired Oculus Rift for $2 billion
- Thread starter Fatboi1
- Start date
mortuus est
Veteran
Facebook VR where you can talk to your friends in like living rooms and what not, holding virtual hands.
Technosorcery.
we got to take it back, way back
infamousred
All Star
yeah sony def has money. i know i own more sony electronics than any other company. anything i've ever bought from them has been reliable and i know alot of other people feel that way too. they won't be disappearing anytime soon.
mind-control on the way brehs 
Ratchet VR..... 
infamousred
All Star
probably acquiring things now just so he won't have to try and outbid google later on.
It being a hot piece of technology is exactly why Facebook bought it, and how does this make things more difficult, so before it was difficult when it wasn't mainstream and now that it's mainstream it's going to be more difficult. You're pure comedy Meach, the second MS comes with their own VR headset you'll be trumpeting VR as the renaissance.
JetLife
/ SOHH /
They have a legit reason to be a bit heated. They funded it under the premise they were funding Oculus as an independent entity that would continue to develop on the beta dev kits they each got.
They didn't fund it under the premise of being a Seed Round + Series A round of funding for a company to be acquisition bait down the road and to be dumped on the sidelines. If this was the case, 2m in funding would definitely clear a Seed (500k) and small Series A (1.5m) to net at the very least ~ 10% of the company (but more likely upwards of 20% depending on other funders and share dilution down the road) in equity and have a say in product development and company direction.
In normal venture capital, oculus would have owed at the lower bound 200m and at the upper bound 400m to these first funders.
Instead, under the kickstarter model, Oculus got free cash, made some pretty demos, went on a tech road show to up their valuation, and got acquired while keeping 100% equity of the company while kickstarters got some dev kits that'll be obsolete and unsupported since I'm sure they don't fit Facebook's "product roadmap".
Oculus =
stealthbomber
cruising at 30,000
occulus just lost the race to sony
2 billion dollars from fb, they had no option, but fb is already a dying brand and the trust is at all time lows.
this will help development now, but in the long run bad move.
2 billion dollars from fb, they had no option, but fb is already a dying brand and the trust is at all time lows.
this will help development now, but in the long run bad move.
Clapsteel O'Neal
put a red dot on your head like a hindu
Wait, why has sony won in all of this? I dont know much about this situation...
This REALLY pisses me off. Oculus Rift is basically DOA now 
At least there's sony
And maybe Valve.
If this fb buyout isn't the definition of going against your morals and selling out, I dunno what it
At least there's sony
And maybe Valve.
If this fb buyout isn't the definition of going against your morals and selling out, I dunno what it
stealthbomber
cruising at 30,000
about 2 weeks ago sony announced they were were making a virtual reality headset codenamed project morpheus
the fact that facebook bought oculus rift might (just my speculation) mean it will be used primarily for commercial purposes instead of gaming. facebook in general is dying off as a social media site and by nature they make money by selling peoples information so consumer trust is falling pretty quickly with them.
this is all my opinion so take it as that, but i think the fact that sonys VR set is being developed specifically for a gaming rig gives it an immediate market that oculus doesn't have. pc gamers will buy it, but the facebook cosign doesn't help.. also if you saw earlier in the thread some devs are already dropping out of working with oculus because of facebook.
i doubt it will kill oculus, but they HAVE to have the superior product to compete, 2 billion dollars will help though. if they come out with something that crushes morpheus in quality than they should be fine.
save us based gaben
