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Theoretically, the point of venture capital investment was exactly to give such a "no-strings-attached" period of buffer time to discover what revenue models mi
by jabbany 5y ago
Theoretically, the point of venture capital investment was exactly to give such a "no-strings-attached" period of buffer time to discover what revenue models might work for a new piece of technology with promise. (In reality there are many other confounds...)
It's why many people wished to see that rather than an acquisition (where the new owners can do what they want) for Oculus. Back in the day, FB tried to placate these worries by suggesting that even with an acquisition they would try to behave like a VC and keep Oculus more-or-less independent. At this point it is clear that that dream is over.
People aren't angry, just disappointed. Eventually we will all lose hope on these things. Heck, many already have.
- b0tzzzzzzman 5y agoAgree and have. It is now a world for the F.....s of the world to buy and sell or buy and kill. I would never give FB a dime after the behavior and false statements of the last several years. Sure the downvotes might be high, well HN has an agenda as well.
- b0tzzzzzzman 5y agoWhy is HN killing all my posts?