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>Facebook’s most recent big deal, the acquisition of Oculus VR, came as a surprise to even seasoned technology watchers. But Marc Andreessen, a Facebook board m
by zxcvvcxz 12y ago
>Facebook’s most recent big deal, the acquisition of Oculus VR, came as a surprise to even seasoned technology watchers. But Marc Andreessen, a Facebook board member, was also on the board of Oculus VR, paving the way for the deal.
Does this not seem like a conflict of interests to anyone? Isn't this the VC's chance to exit quick for financial gain rather than have Occulus continue on its own, which is by definition riskier?
I don't know, maybe this isn't the case but something seems odd here.
- jgalt212 12y ago> But Marc Andreessen, a Facebook board member, was also on the board of Oculus VR, paving the way for the deal. exactly. he came under a lot of fire for similar conflicts with they Ebay/Skype deal. http://www.businessinsider.com/marc-andreessen-carl-icahn-ebay-skype-2014-2#ixzz2wKwKNBcH http://www.businessinsider.com/marc-andreessen-carl-icahn-eb...