Posts Tagged sellout

Facebook buys Oculus

For those of you that haven’t heard: http://www.gamingonlinux.com/articles/facebook-buys-oculus-vr-the-internet-freaks-out.3340/

Well, I’m glad I didn’t back their kickstarter. I guess we can bid any sort of great VR headset goodbye. I am sure Facebook has no interest in developing a solid VR gaming headset. Notch, the legendary creator or Minecraft dumped $10k into the oculus, and he really isn’t happy about this. Who can blame them though, Facebook gave them $2 billion for their creation. I think I would be hard pressed to not sell my idea for that kind of money. These guys [Oculus] seemed to be genuinely interested in developing this VR headset for purists. What could Facebook possibly do with that kind of tech?

I have to admit, I’m not a venture capitalist so I might not be able to see the possibilities here, but VR with social media just doesn’t make any sense to me. I just don’t see a teenager strapping on a VR headset to update their social status and view pictures of kittens. “Hey Grandma, you can keep up with the family on our Facebook page! Just strap this thing to your face, get motion sickness, vomit all over the place and enjoy the vacation pictures!”

Most interesting part of this buyout is now John Carmack is a Facebook employee.

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