My relationship with Oculus VR were just merely following the threads on HN and even I have this disturbing feeling of betrayal.
Facebook acquires Oculus VR
201–210 of 871 posts
Re: Facebook acquires Oculus VR
#202Damn! I don't like this. I had hoped they jump in bed with valve. Yes, I just really dislike facebook, so I hate to see them aquiring something i was really excited about. Also from the article: > After games, we're going to make Oculus a platform for many other experiences. Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor fa…
Same. My initial reaction is to hate this. After thinking it over briefly I still hate it. I think I'm going to look to Carmack as my proxy. If he jumps ship, the whole thing is surely tainted.
I expect Carmack got some pretty shiny golden handcuffs in the deal, I wouldn't expect him to jump ship anytime soon.
Re: Facebook acquires Oculus VR
#203From Facebook investor relations, looks like the price was $2B, $400MM cash, $1.6 stock, with options on $300MM more. > Facebook today announced that it has reached a definitive agreement to acquire Oculus VR, Inc., the leader in immersive virtual reality technology, for a total of approximately $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion bas…
So they don't even have the money yet and have already lost 1.6 / 69.35 * 64.5 billion = 112 million.
Good start.
Re: Facebook acquires Oculus VR
#204Damn! I don't like this. I had hoped they jump in bed with valve. Yes, I just really dislike facebook, so I hate to see them aquiring something i was really excited about. Also from the article: > After games, we're going to make Oculus a platform for many other experiences. Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor fa…
Wow.. I came to the comments page wanting to express my disappointment. I really wasn't expecting to see so many other people sharing the sentiment. I thought I was one of the last people in existence who deleted their Facebook account years ago and left it deleted. :)
Nope, you have the cool/hip/popular opinion. Like hating country music or Nickleback.
Re: Facebook acquires Oculus VR
#205Facebook is today what Microsoft was in the '90s. With a soaring stock price and a solid, if somewhat staid, core product that enjoys a near monopoly in crucial markets, the company looks for nebulous long-term innovation by buying interesting startups in various fields and promising them near-term independence.
Microsoft's shopping spree included companies like WebTV, Hotmail, Softimage and Bungie. Maybe Facebook will also splurge on a game studio soon.
Re: Facebook acquires Oculus VR
#206What's with the negativity? What exactly do you think will happen that's so bad?
It's one of the greatest visionary companies around being bought out by by Facebook who hasn't launched anything relevant but more ads for the last 5 years.
Re: Facebook acquires Oculus VR
#207Important to remember that this was initially funded via Kickstarter.
And also how you don't even get the tiniest little sliver of equity for that early proof of concept funding....
Re: Facebook acquires Oculus VR
#208Earlier quoted context omitted.
I am shattered right now. I was so happy for Oculus VR, I wanted it to become big, I wanted it to become something truly special. And now this happens. I'm horrified and speechless. This is the day I stop cheering for Oculus VR and get behind Sony's Morpheus: http://www.cnn.com/2014/03/19/tech/gaming-gadgets/sony-morph... Notch on this deal: "We were in talks about maybe bringing a version of Minecraft to Oculus. I j…
>I am shattered right now. Oh come on -- this is just ridiculous. They (Oculus) now have many many more times the resources at their disposal than before to make countless imaginative projects. I know i'll get down votes for saying this, but if Google was the buyer, there would be much more positive comments here. Use some rational analysis here, folks.
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Re: Facebook acquires Oculus VR
#209Earlier quoted context omitted.
>I am shattered right now. Oh come on -- this is just ridiculous. They (Oculus) now have many many more times the resources at their disposal than before to make countless imaginative projects. I know i'll get down votes for saying this, but if Google was the buyer, there would be much more positive comments here. Use some rational analysis here, folks.
Yeah... because Google has experience with this sort of project. It's in Google's wheelhouse, so to speak.
It's in Google's wheelhouse now, it wouldn't have been six or seven years ago.
Give it a chance, the overreactions in this thread and in general are ridiculous.
Re: Facebook acquires Oculus VR
#210Damn! I don't like this. I had hoped they jump in bed with valve. Yes, I just really dislike facebook, so I hate to see them aquiring something i was really excited about. Also from the article: > After games, we're going to make Oculus a platform for many other experiences. Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor fa…
Wow.. I came to the comments page wanting to express my disappointment. I really wasn't expecting to see so many other people sharing the sentiment. I thought I was one of the last people in existence who deleted their Facebook account years ago and left it deleted. :)
I haven't deleted it, but for me the problem lies somewhere else:
The tech-sector is slowly growing into an oligopoly or at least that's my impression. I expect it to be diversified but deals like this leave me questioning and yes, they make me a bit sad. Perhaps the Oculus guys can use the resources Facebook will flow into them but...I have a bad feeling about this. Really.