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

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

#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.

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

#4
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.

Wrong. Google knows that there's immense potential in VR. It's just too early for them to get into it yet. The pushback from privacy advocates would kill any potential project.

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

#5
That makes Palmer look even more like a greedy bastard, and that all he cared about was money all along. When he heard the $2 billion amount he was probably like: "So you want us to kill all of our gaming plans now, or should we wait a year to lay it easy on the fans?"

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

#6
>> Venture capitalist Marc Andreessen, who sits on Facebook’s board of directors, recused himself from the negotiations.

I would really like to understand how these sort of conflicts of interest are dealt with and if they are investigated by the SEC/other government body...

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

#9
post #5

That makes Palmer look even more like a greedy bastard, and that all he cared about was money all along. When he heard the $2 billion amount he was probably like: "So you want us to kill all of our gaming plans now, or should we wait a year to lay it easy on the fans?"

I don't think people should be too harsh on Palmer. He's still very young. To me it feels like Facebook bought this insanely cheap. It's $17bn cheaper than Whatsapp.

I'm sure there was some smooth talking involved in the deal. I couldn't help but think of the billion dollars scene from The Social Network[1] when I heard about the deal.

[1] - https://www.youtube.com/watch?v=4e0n7vTLz1U

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