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A big company acquiring small things and developing them successfully is a pretty common tactic. Many of Google's product, if not most, were also from acquisiti
by chrischen 4y ago
A big company acquiring small things and developing them successfully is a pretty common tactic. Many of Google's product, if not most, were also from acquisitions. This includes Maps and YouTube, and some of the less successful ones were not acquired.
- tempsy 4y agoYeah but that isn’t what I’m referring to. It’s clear FB is investing billions to build their vision of the Metaverse in house, at least for now, and my point is that they haven’t actually proven to anyone that they are capable of building a brand new thing from scratch that reaches critical mass without acquiring it elsewhere. In that sense I agree with investors who have sold the stock that this is a big risk.
- chrischen 4y agoTheir Like button was pretty ingenious and Instagram is still a market leader. Disregarding the fact that they didn’t create it, they have been good stewards. Also, while VR isn’t big, they did create a hit hardware device with the Oculus 2. While Oculus was acquired Oculus 2 is nowhere close to the experience of the Original wired dev kit, and they iterated from that to the Oculus Go to the Oculus Quest 2. Also keep in mind Apple has been doing a LOT of prep work for AR. We just don’t notice it but each iPhone comes with a full advanced AR sensor suite, capable of super imposing objects into our field of view. The only missing piece is the physical strapping of the iphone to one’s head, but if you did that the iPhone is capable of delivering Hololens-like promised experiences.