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> That's unbelievable for how little there is to show of it They multiplied the size of the market by an order of magnitude and they dominate the entire VR in
by zmmmmm 4y ago
> That's unbelievable for how little there is to show of it
They multiplied the size of the market by an order of magnitude and they dominate the entire VR industry now?
- Miraste 4y agoIs it really a market when you created it by burning $6 for every dollar you make?
- zmmmmm 4y agoUnless you have a way to separate out what is attributable to forward investment vs current operating expense / revenue I don't think you can tell. Zuckerberg himself has painted a 10 year timeline on the investments they are making now. To take it to a silly extreme, Apple has probably burned $14bn and hasn't released anything yet. So they have burned $infinity for every dollar they made. Does it make it a failure?
- pgwhalen 4y agoThis is a good point, but I don’t think it’s as strong an indicator as, say, Uber selling rides below cost. I have a Quest headset which I now play a single game on, and I don’t generally game. I’ve shown an interest in the overall market. It’s not as though it’s an obvious deal for me to use, like ride sharing or food deliver.