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This buy could also be a purely preception-shaping move for Facebook. Sort of to send investors the message that "We're not just a spammy social network, we've
by mladenkovacevic 13y ago
This buy could also be a purely preception-shaping move for Facebook. Sort of to send investors the message that "We're not just a spammy social network, we've interested in bigger things". The uptick in stock price alone from this kind of change in perception could make up for the Oculus investment many times over (I think the cash part of the deal was "only" something like 400 million?)