191–200 of 369 posts
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And ridiculous.
And over in a few days/weeks. It's a trend that comes from a gut feeling more than rationalization. I really believe people will change their mind about Facebook now that Facebook is not just the social network but also Instagram, WhatsApp and Oculus.
What?
I'm wondering, what's John Carmack take on this, he quit idSoftware to join Oculus, which was very open by that time. He always was proponent of openness... right now from a laik perspective it looks it was mistake to leave id.
A year or two back Carmack gave the keynote to Quakecon and mentioned his space program ran out of money. He said he promised his wife to not put more money in, until a liquidity event. This I assume counts as such a liquidity event. He must be a bit conflicted. He gets to restart his pet company, but facebook.
I'm only half kidding.
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You have never heard of Google's research on self-driving cars? http://www.google.com/about/careers/lifatgoogle/self-driving...
In a similar capacity, the B&MGF/IV have a laser that blasts mosquitoes out of the air. However despite it actually existing , it would be perfectly reasonable to refer to it as vapor ware at this point. You'd even be excused for asserting that it was just a PR stunt and funding sink.
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It blows my mind how much people will throw their money at Kickstarter projects for the simple feeling of goodwill or novelty knick knacks (bumper stickers, buttons, etc). $10,000 should have bought some small amount of equity, even if it was only non-voting and non-dilutable.
The problem with Oculus kickstarter project was that you were buying a dev kit, not a final product. So now they sell the company and you have a dev kit for a facebook product... and the final usage of the Oculus may be very different than the one you thought it was going to be when you purchased the dev kit. That cannot happen with other kickstarter projects that sell a final product like bumper stickers, buttons...…
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The backlash is a bit silly, though I also find the acquisition surprising. I suspect that companies with any sort of capital investment in a rift-based-game will continue development. That being said, Oculus owned by Facebook is a different sort of animal than independent Oculus. Previously, they had to sell the public on a $2-300 VR gaming headset or die. Now they have a lot more wiggle room. Personally, I feel mor…
Yay! Now I can have a unit for $70... so long as I finally sign up to Facebook to be able to use it! Uh. I think I'd rather pay $1000 than do that.
"And I did not chip in ten grand to seed a first investment round to build value for a Facebook acquisition." I'm guessing that pretty much sums up the reaction of everyone who backed the initial kickstarter. Sounds like a serious lapse of "dance with the one who brung ya" to me.
Once they did that, any obligation they had to me was filled. Basically, that already danced with me. They're certainly free to move on to the folks with more money now.
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Why is what you want the only thing that is worth doing? What about the people who do care that their mom topped their previous score in [they care]Ville?
Whoever those people are, I don't want them in my "friends" list.
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Heh, from Carmack's twitter 1m ago: https://twitter.com/ID_AA_Carmack/status/448629403740692481 For the record, I am coding right now, just like I was last week. I expect the FB deal will avoid several embarrassing scaling crisis for VR. Glad to see Carmack is still being Carmack. EDIT: By the way, if anyone is wondering why people are having a negative reaction to this Facebook deal, I think one way to understand it…
The problem with grokking Facebook's involvement is the lack of any apparent connection between VR and FB's core competencies. Google at least can use Glass for ever-more data mining. VR? FB? Carmack can sure put the $2B to good use, but how it benefits FB nobody seems to know.
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The best thing? There is really no other company you could think of who would be a better partner? Like google? Or Microsoft?
Google would buy Oculus to integrate it with existing product lines, either Android or wearables. Microsoft would buy it for the Xbox. Apple would buy it to make it part of the iOS line. Facebook by far seems like the weirdest of the possible major buyers, because they have by far the fewest obvious complements to Oculus, but by the same token, that makes them the most likely company to be buying Oculus to expand int…
"And I did not chip in ten grand to seed a first investment round to build value for a Facebook acquisition." I'm guessing that pretty much sums up the reaction of everyone who backed the initial kickstarter. Sounds like a serious lapse of "dance with the one who brung ya" to me.