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Has oculus Management been shaken up enough?

AtariVR
Level 4
Although luckey has been fired, and iribe demoted, I still feel as a facebook shareholder that we still have a little futher to go.  I think mark and facebook can do a lot of good for VR and AR, but we need to really clean house so that my facebook investment has some good people heading the ship.

It seems Iribe and Carmack did some very questionable things, very questionable, and as a facebook shareholder I don't like the "karma" their past evil seems to bring to my investment.  I think they both need to be purged from the company, especially with their actions causing so much harm that now billions of bucks are potentially going to leave facebook in lawsuits.  It seems if they had not been so RUTHLESS to zenimax, the entire industry would be further along now, and all this bad blood not harming us all now.  Maybe a more "open" approach and less "walled garden" approach would have made for better relations going forwards? Anyways I feel as a facebook shareholder, until iribe, nate Mitchell, and carmack are removed (at a minimum for their very shady dealings) I worry that others will still not wish to work with facebook/oculus and it will harm my investment while these people remain employed at facebook.

https://www.reddit.com/r/Vive/comments/6j5fwd/echo_arena_does_work_with_vive_free_open_beta/djcnk00/
PrAyTeLLa [vw] 1 point2 points3 points 1 day ago* (0 children)

We're already looking at new SteamVR players such as LG and Microsoft's "mixed reality" platform. Oculus screwed up so badly by taking too long, messing up with a paper launch all in the name of being first, and then not having Roomscale and tracked controllers for 9mths. If they actually got units out on time and had proper Roomscale upfront at current prices, the exclusives may have worked and they'd survive.

As it is, with everything else going wrong, the exclusives have just turned a heap of goodwill against them. No chance of regaining those customers now.

Its amazing how bad they stuffed up considering it's only been 15mths. Their failure will be taught in economic classes as a case study on how to blow a massive loyal grassroots fan base with bad management.

Immediately after their failed launch they should have added a wrapper and opened up their store to Vive. I for one would have bought games and been invested to overlook

What's an email between friends right?

  • Nate Mitchell, in August 2012, brought a large desktop computer to id Software’s office in Dallas and downloaded ZeniMax’s virtual reality software to a large desktop computer

Interesting comment from Alan Yates a few hours ago:

I suspect this time around the vendors are much less likely to sign exclusives with Oculus/Facebook. The Vive out-sold the Rift and they are well aware Valve R&D was responsible for the Vive (and much of the Rift too). Cutting yourself out from over half the market is just dumb, they won't make that mistake again. the later failings.



https://www.reddit.com/r/virtualreality/comments/6isswi/zenimax_to_judge_block_oculus_sales_or_give_...

On September 10, 2012, after multiple requests from ZeniMax to discuss compensation for ZeniMax’s role in developing and promoting the Rift, Oculus drafted a proposal “designed to help kick off the formal discussion” on a future relationship with ZeniMax. In its proposal, Oculus demanded that ZeniMax grant Oculus a worldwide,exclusive license to programming code that had been provided by ZeniMax pursuant to the Non-Disclosure Agreement. Oculus also demanded that ZeniMax create additional intellectual property for Oculus’s sole use. <-- here is where exclusives were born

  • Oculus further demanded that ZeniMax provide extensive marketing and ten thousand free copies of “ DOOM 3: BFG Edition” for Oculus to provide to its Kickstarter investors. In return for those demands, Oculus offered to ZeniMax an equity stake in the company of 2%, subject to dilution, which would only vest after three years, and then subject to additional conditions. Oculus also proposed that ZeniMax pay Oculus $1.2 million for an additional 3% stake.

  • 63 REPLIES 63

    Hiro_Protag0nist
    Level 13
    A purge eh?  I can see it now...


    snowdog
    Level 16
    I wouldn't worry about Rift sales. Since the Touch controllers released and especially since the price cuts the Rift and Touch sales appear to be catching up to the Vive sales if they haven't already. All you need to do is look at and compare both the Oculus and Vive sub-Reddits to get the impression that Rifts are now outselling the Vive by 2:1.

    It wouldn't surprise me if Oculus will be the first company to announce 1m sales sooner rather than later.

    And if you're an investor with shares in Facebook you're INSANE to want Carmack out of the picture. The man is worth his weight in gold.
    "This you have to understand. There's only one way to hurt a man who's lost everything. Give him back something broken."

    Thomas Covenant, Unbeliever

    AtariVR
    Level 4

    snowdog said:
    And if you're an investor with shares in Facebook you're INSANE to want Carmack out of the picture. The man is worth his weight in gold.

    He had to steal from his previous employer, how is that a positive?  Now costing the company I own billions potentially in lawsuits, not to mention other business that may be lost because people and companies do now want to work with such a thief and deceiver (not my claim, his loss in the lawsuit)  I certainly would feel a lot better if him and his reputation was no longer clouding perceptions at facebook.  If carmack was such a genius, he wouldn't have had to borrow some kid's oculus rift prototype, base on leap on the cheap ideas from vrtifacts.  He would have done it himself right?  Carmack may have done some interesting things as a young man, but he is getting old, has compromised his ethics.  Other programmers will come along and it makes no sense to keep this confessed liar and thief around my investment hurting business relationships.

    Hiro_Protag0nist
    Level 13

    Zenbane
    Level 16
    I am all for a cleansing, but Carmack is king.


    AtariVR said:
    He had to steal from his previous employer, how is that a positive? 



    You can't steal "your own work." Calling him a thief and deceiver just makes you look like someone who is bitter. And considering that you made multiple posts today acting as if you gave Palmer his idea for the Rift and you keep talking about yourself as a "Facebook shareholder," it seems to me that you are appearing far more fraudulent than anything Carmack did when he took his talents elsewhere.

    falken76
    Level 13

    AtariVR said:


    snowdog said:
    And if you're an investor with shares in Facebook you're INSANE to want Carmack out of the picture. The man is worth his weight in gold.

    He had to steal from his previous employer, how is that a positive?  Now costing the company I own billions potentially in lawsuits, not to mention other business that may be lost because people and companies do now want to work with such a thief and deceiver (not my claim, his loss in the lawsuit)  I certainly would feel a lot better if him and his reputation was no longer clouding perceptions at facebook.  If carmack was such a genius, he wouldn't have had to borrow some kid's oculus rift prototype, base on leap on the cheap ideas from vrtifacts.  He would have done it himself right?  Carmack may have done some interesting things as a young man, but he is getting old, has compromised his ethics.  Other programmers will come along and it makes no sense to keep this confessed liar and thief around my investment hurting business relationships.



    I get the feeling that the man that brought us Doom could get a job anywhere he wanted.  I don't think Oculus is going to get rid of him.

    Zoomie
    Level 11
    Hey Atari, I was just wondering if you own shares in Facebook.  I can't be certain but I get the feeling you do.
    Any sufficiently advanced technology is indistinguishable from magic. - Arthur C Clarke

    dburne
    Level 16
    I somehow doubt that the value of FB is dependent on the success of  Oculus VR...

    But I certainly have been wrong before.
    Don

    EVGA Z390 Dark MB | I9 9900k| EVGA 3090 FTW3 Ultra |32 GB G Skill 3200 cl14 ram | Warthog Throttle | VKB Gunfighter Pro/MCG Pro grip | Crosswind Pedals | EVGA DG 87 Case| Rift S | Quest |

    elboffor
    Level 12
    Who owns shares in what now?

    Anyway, to go back on topic. Has oculus fired all its talent yet in an attempt to apease an old forum goer?

    As a user of facebook, i demand to know
    This is my forum signature.
    There are many others like it, but this is mine.