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FB are pouring billions into oculus. They intend to operate it at a loss for a good 5 more years. Only when AR is a thing will they stat to push for profitabil
by KaiserPro 6y ago
FB are pouring billions into oculus. They intend to operate it at a loss for a good 5 more years.
Only when AR is a thing will they stat to push for profitability.
- systemvoltage 6y agoI think this is the problem. Operating at a loss while wiping out players without deep pockets to run at a loss. This should be illegal. Amazon and Uber have wiped out small players.
- tekknik 6y agoI agree that this maybe should be illegal, but on the flip what is forcing the other companies to operate at a loss? I would think the name “Facebook” backing oculus means more than a low price
- WillPostForFood 6y agoIf they are dumping billions into manufacturing, and selling at a loss, maybe that's a problem. If they are dumping billions in to R&D and improving the tech, then let them do it.
- justapassenger 6y agoThat would make all new business illegal, as you operate at a loss for multiple years.
- systemvoltage 6y agoAt some point it needs to be illegal. When a large company of 30000 employees starts wiping out entire industries with cash buffers, you can see why this is just wrong and monopolistic/oligopolistic behavior.
- KaiserPro 6y agoThe problem with this is that would make virtually all of silicon valley start ups illegal. In terms of loss, the actual hardware is profitable as far as I've heard.
- disgruntledphd2 6y agoThere's a large difference between using your profits to crush competition in another area, versus setting dollar bills on fire in the pursuit of growth. There should be regulations around both of these, but they'll need to be different ones.