Live data from Hacker News

Facebook’s $2B Oculus deal happened over the last five days

techcrunch.com

11–20 of 51 posts

Re: Facebook’s $2B Oculus deal happened over the last five days

#11
post #3

"Zuckerberg explained that he felt that Oculus represented an entirely new post-PC and post-mobile platform." He's probably right. While Google and others are focusing on half-baked wearables as their key to the future, facebook just bought a huge chunk of the most likely successor.

Ironically, gathered from reading the initial reactions of early adopters, I think they just destroyed the chances of Oculus succeeding.

Re: Facebook’s $2B Oculus deal happened over the last five days

#12

To a not-so-knowledgeable person like myself, this seems like a bubble. Is it so hard to wire up some displays, optics and gyros? 2 billion? What could you do in-house or with a new team with, say 20 million? Maybe it is so hard.

Don't forget the developer ecosystem. Oh wait.

Re: Facebook’s $2B Oculus deal happened over the last five days

#14
post #3

"Zuckerberg explained that he felt that Oculus represented an entirely new post-PC and post-mobile platform." He's probably right. While Google and others are focusing on half-baked wearables as their key to the future, facebook just bought a huge chunk of the most likely successor.

I would be very, very surprised if there weren't a few window-less rooms in Cupertino with prototype HMDs bolted to tables in them :)

Re: Facebook’s $2B Oculus deal happened over the last five days

#16
post #2

I wonder if something (or somebody) forced this.

Greed?

You mean 2 Billion Dollars. That's a number beyond greed. That means you are taking care of you, your family, and your employees. Everyone can take the moral high road but if you were staring at a contract like that, could you really say you would turn it down?

You also have no idea of the terms. For all we know Oculus will still act as an independent agency only with better access to talent, much more capital access, and a huge advertising method-facebook itself!

Or they are devoured by facebook and never see the light of day. Either way, it's 2 billion dollars and all the financial freedom that comes with having that much money.

(Yes I know most of it's in stocks, but unlike everyone else I don't think people realize, facebook isn't going away in the next few years, they are a microsoft-a lumbering giant branching out through tech acquisitions).

Re: Facebook’s $2B Oculus deal happened over the last five days

#17

To a not-so-knowledgeable person like myself, this seems like a bubble. Is it so hard to wire up some displays, optics and gyros? 2 billion? What could you do in-house or with a new team with, say 20 million? Maybe it is so hard.

That's like saying the iPhone is just a touch screen with a battery and a CPU.

VR has been nothing more than a pipe dream for decades. But the problem isn't just merely optics and gyros...it also needs to be lightweight and super-responsive in order to prevent headaches, motion sickness, and disorientation. And also I think there are some complicated things they have to do in order to simulate stereo vision.

These challenges are hardly trivial and there's still a lot that needs to be learned in order to refine the technology.

$2 billion is a lot of money, more than it would cost to develop from scratch. But, in the past, others have tried to perfect this technology and failed.

Facebook (or Apple or Google or Microsoft) could spend $2 billion developing their own VR hardware and easily end up with nothing more than vaporware. Occulus Rift has the benefit of being a real product that works...while only being a few iterations away from a consumer-ready product.

Re: Facebook’s $2B Oculus deal happened over the last five days

#18
post #13

I wouldn't be surprised if a sense of awe of Zuck showing interest in the project helped shelve initial doubts about working with/for such a behemoth.

I'm guessing the reason they sold was simple: The owner wanted the money.

Re: Facebook’s $2B Oculus deal happened over the last five days

#20
post #13

I wouldn't be surprised if a sense of awe of Zuck showing interest in the project helped shelve initial doubts about working with/for such a behemoth.

Wait, wait. So a nerd wants to buy his way into the coolest nerd party of all? Sounds like the plot to the next revenge of the nerds movie.

Here's a fact: You can't buy cool.

Post reply on HN