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I have no idea why Oculus would sell at this point. It feels to me like this is just the beginning of their story and of this technology. Did they just get scar
by Tiktaalik 13y ago
I have no idea why Oculus would sell at this point. It feels to me like this is just the beginning of their story and of this technology. Did they just get scared about Sony's Project Morpheus and decide to get out early?
- dragonwriter 13y ago> I have no idea why Oculus would sell at this point. Money? > It feels to me like this is just the beginning of their story and of this technology. That's probably the point, for any technology firm, where the "work done" to "money received" for selling out is the highest. When it feels like the end of their story and technology, they've missed the ideal time to sell.
- billmalarky 13y ago2 scenarios: If all they care about it money (doubtful), they just locked down a vast amount of money in 2 years time vs the long hard fight in the marketplace against several serious competitors (Sony etc). A bird in the hand is worth more than in the bush. If they care about the technology, and bringing their vision to reality, then they now have Facebook's resources to make their dream come true, which is important given the size of their competitors' budgets.
- robryan 13y agoThere is a crazy amount of money involved. I understand the whole not in it totally for the money thing but at some point the massive figure being offered becomes hard to ignore.