I visited the Valve offices about two years ago, and almost 2/3rds of the company was working on VR. I think right now they're aware that the current iteration

I visited the Valve offices about two years ago, and almost 2/3rds of the company was working on VR. I think right now they're aware that the current iteration of hardware isn't good enough for the common consumer, and in addition there's no real AAA content out for it. VR really needs it's own Breath of the Wild kinda game to go along with the hardware if they want it to sell. I suspect what we'll see is a new version of the Vive released alongside a major AAA title by Valve at some point, but being Valve they want to ensure that they release it when it's done, not when the timing is right.