4 ms·

Spending 1 billion a month on something I still perceive as a video game is lunacy. FB could practically purchase the entire games industry at these investment

by lumost 4y ago

Spending 1 billion a month on something I still perceive as a video game is lunacy. FB could practically purchase the entire games industry at these investment levels. This would be the production budget of 2 Rockstar titles per month. ... which begs the question, where is it actually going?

deleted 4y ago
[deleted]
brianwawok 4y ago
They are selling a lot of headsets. Are they losing money on them?
- tru3_power 4y ago
  The new ones are $1500 I would hope not lol
  - brianwawok 4y ago
    They have sold millions of the $300 ones
- TigeriusKirk 4y ago
  Yes, they were losing money on them. They recently raised the prices, it's not clear if they're still losing money or not though.
la64710 4y ago
They should have bought Roblox … they certainly have better games and metaverse I.e 3D virtual worlds capability.
- theGnuMe 4y ago
  They still can.
  - MBCook 4y ago
    I don’t know. After the recent scrutiny of the Instagram acquisition and whether it should have been allowed (or undone), it might not be realistic to get it through government scrutiny.
musicale 4y ago
> FB could practically purchase the entire games industry at these investment levels Games are a metaverse that people actually want to use. FB's metaverse? Who knows.