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Venture Capital talks..

MarkM
Level 2
So when you take $ 75 million from investors and $35 million before.. when Mark Zuckerberg comes to your door and offers billions.. you sell. Plain and simple. That is why they are there--for the quick return on investment.

Is it bad for us Oculus followers? I don't see how just yet. Let's face it--if you want VR you need big capital behind it. I know that many think Facebook is evil but truly what company isn't to some degree? Would you be happier if Google bought it? Apple? Microsoft? Heaven forbid..

At least with Facebook we are looking at a company that gets the social aspect of this technology. I think that has far bigger impact than the gaming angle.

Hang on folks.. we just went into hyperspace.

Palmer, Nate and the rest.. congratulations. I know you all will work to keep the faith.

Mark Manes, Founder, Colorado Oculus Rift / Unity Meetup
http://www.meetup.com/Boulder-VIrtual-Reality-Meetup/
4 REPLIES 4

sbnewsom
Level 2
Guess what? Everyone forgot about the metaverse and immediately jumped onto knee jerk reactions.
-Stuart Bradley Newsom HS-51XXXXX Mar 21, 2014 01:09 AM PDT DELIVERED Portfolio: http://sbnewsom.com Facebook: Click Here

spire8989
Level 3
My phone has blown up with texts from people who barely knew what the Rift was a few hours ago, people that only knew the name because I mentioned it in passing. My skype is full of 600+ messages related to it. If you think this is all bad because you have some ridiculous hatred (probably misplaced) for Facebook, then that's your problem.

The fact is: everyone in the world is going to know about VR now.

phillipfoshee
Level 2
"sbnewsom" wrote:
Guess what? Everyone forgot about the metaverse and immediately jumped onto knee jerk reactions.


Seriously! This is blowing my mind... Why all the hate?? I thought we were all on the same page, wanting VR to be a REAL platform! With the latest news from Sony and now Facebook, it just happened, and now everyone's angry!?

sbnewsom
Level 2
"phillipfoshee" wrote:
"sbnewsom" wrote:
Guess what? Everyone forgot about the metaverse and immediately jumped onto knee jerk reactions.


Seriously! This is blowing my mind... Why all the hate?? I thought we were all on the same page, wanting VR to be a REAL platform! With the latest news from Sony and now Facebook, it just happened, and now everyone's angry!?


Its the same outcome we all grow up seeing in fiction...now the fantasy has become real people hate it.
-Stuart Bradley Newsom HS-51XXXXX Mar 21, 2014 01:09 AM PDT DELIVERED Portfolio: http://sbnewsom.com Facebook: Click Here