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16. Re: Evening Interviews Mar 27, 2014, 08:42 gray
 
Yosemite Sam wrote on Mar 26, 2014, 21:21:
jdreyer wrote on Mar 26, 2014, 20:31:
$2B is just insane. $50M I could see, maybe even $100M given that they'd gotten something like $35M in venture capital. But $2B???

I'm beginning to think the 2 billion number is being misrepresented. Somehow I doubt Mark paid 2 billion for the company and it's more like he's investing 2 billion into the company.

It was an acquisition by a public listed company, misrepresentation would be a serious matter indeed.

MENLO PARK, Calif., March 25, 2014 /PRNewswire/ -- Facebook today announced that it has reached a definitive agreement to acquire Oculus VR, Inc., the leader in immersive virtual reality technology, for a total of approximately $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of $69.35 per share). The agreement also provides for an additional $300 million earn-out in cash and stock based on the achievement of certain milestones.


http://www.nasdaq.com/press-release/facebook-to-acquire-oculus-20140325-01030
 
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    Date Subject Author
  1. Mar 26, 20:31 Re: Evening Interviews jdreyer
  2. Mar 26, 21:18  Re: Evening Interviews HorrorScope
  3. Mar 26, 21:19   Re: Evening Interviews Shataan
  4. Mar 26, 21:21  Re: Evening Interviews Yosemite Sam
  5. Mar 26, 21:24   Re: Evening Interviews Spektr
  10. Mar 27, 01:15   Re: Evening Interviews Beamer
  11. Mar 27, 03:19    Re: Evening Interviews TheWitcher
  12. Mar 27, 04:25     Re: Evening Interviews InBlack
  18. Mar 27, 11:13      Re: Evening Interviews HorrorScope
  13. Mar 27, 04:26     Re: Evening Interviews InBlack
  15. Mar 27, 06:51      Re: Evening Interviews Numinar
>> 16. Mar 27, 08:42   Re: Evening Interviews gray
  6. Mar 26, 21:53 Re: Evening Interviews mellis
  7. Mar 26, 22:24 Re: Evening Interviews Stormsinger
  8. Mar 26, 22:33 Re: Evening Interviews Cutter
  9. Mar 27, 00:53  Re: Evening Interviews Fang
  17. Mar 27, 11:09   Re: Evening Interviews HorrorScope
  14. Mar 27, 06:06 Re: Evening Interviews eRe4s3r