Facebook Acquires Oculus, Oculus Rift Minecraft Cancelled [Mar 25, 2014, 7:28 pm ET] – Share – Viewing Comments
Facebook has acquired Oculus, paying a reported $2 billion for the virtual
reality startup, which
Forbes says is $400 million in cash and 23.1 million shares of Facebook
stock, and the deal includes another potential $300 in incentives. "Mobile is
the platform of today, and now we’re also getting ready for the platforms of
tomorrow," Facebook founder Mark Zuckerberg said in a statement. "Oculus has the
chance to create the most social platform ever, and change the way we work, play
and communicate." There's some immediate fallout from this as
Markus "notch"
Persson tweets (thanks nin via
Joystiq) that this has ended the possibility of an Oculus version of Minecraft:
"We were in talks about maybe bringing a version of Minecraft to Oculus. I just
cancelled that deal. Facebook creeps me out."
I'm surprised at how many people are going "well, people always thought Google would be a Search company!"
Google hasn't made many multi-billion dollar deals for something that seems like nothing. The closest would be Motorola, but even that was more for patents (which didn't end up worth anything.)
OR, which was sold for shockingly close to Motorola, has a fraction of the employees (all of which now have financial incentive to leave as soon as their shares vest), has never released anything, and is working in a field where there's no real differentiator that makes them special. The only single thing I can think of that makes them different than whomever jumps into VR next is that they did it first.
First mover advantage is a real thing, but not a $2 billion thing. I really fail to see why Facebook couldn't do what OR did and hire 10 people do make this product for them for 1/20th the cost. Other than the obvious, that the type of people that want VR headsets is currently a niche group that overlaps strongly with the type of people that would actively avoid buying a FB product if an alternative exists.
Google hasn't made many multi-billion dollar deals for something that seems like nothing. The closest would be Motorola, but even that was more for patents (which didn't end up worth anything.)
OR, which was sold for shockingly close to Motorola, has a fraction of the employees (all of which now have financial incentive to leave as soon as their shares vest), has never released anything, and is working in a field where there's no real differentiator that makes them special. The only single thing I can think of that makes them different than whomever jumps into VR next is that they did it first.
First mover advantage is a real thing, but not a $2 billion thing. I really fail to see why Facebook couldn't do what OR did and hire 10 people do make this product for them for 1/20th the cost. Other than the obvious, that the type of people that want VR headsets is currently a niche group that overlaps strongly with the type of people that would actively avoid buying a FB product if an alternative exists.
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Music for the discerning:
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http://www.hydrahead.com
http://www.painkillerrecords.com
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
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