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The author of this piece is pretty naive on what average people actually "Contributed" to Oculus. $25 - $5000 for actual material goods is akin to pre-orders,
by jesusmichael 13y ago
The author of this piece is pretty naive on what average people actually "Contributed" to Oculus. $25 - $5000 for actual material goods is akin to pre-orders, at market prices.
Everyone sees risk differently, the "contributors" for Oculus, saw paying $300 for a dev kit as a risk they were willing to take vs. $10K for a .01% of the company that may never produce a return.
The sale to facebook (of all places) was not reasonably foreseen and especially at the price paid.
If the author would have looked at contributions thru the lens of risk mitigation, he would see that the "contributors" actually made a very sound financial decision.