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I tend to disagree. Facebook is worth billions and they created a business of sharing photos and status updates. WhatsApp allows you to do this as well, but o
by giarc 13y ago
I tend to disagree. Facebook is worth billions and they created a business of sharing photos and status updates. WhatsApp allows you to do this as well, but on the mobile platform that has escaped Facebook's grasp. WhatsApp is a hugely successful piece of software that fits within Facebooks portfolio very nicely. It also doesn't come with huge overhead, something like 20 engineers keep WhatsApp running. You don't have to speculate that WhatsApp (and it's 1/2 billion user base) is worth money.
On the other hand you have a hardware startup with no customers and an unproven product. Sure they have sold a bunch of dev kit's, but those are far from being ready for the consumer market.
In addition to not having a customers, they have Sony building a similar product and remember that Sony already has hardware in millions of homes and therefore roll out would be much easier. Occulus might build a great product, but competition is going to be much harder given Sony's pursuit. I would argue that Occulus has proven to be an innovative and smart company, but in no means have they proven to be a successful business and therefore their "star has not risen" just yet. Speculation on future value is much harder with Occulus and has too many "ifs" and therefore, currently, Occulus is not worth anything close to the $19B paid for WhatsApp.