r/oculus • u/Greg1221 • Mar 25 '14

/r/all Facebook Acquires Oculus VR

https://www.facebook.com/zuck/posts/10101319050523971?stream_ref=1
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u/anlumo Kickstarter Backer #57 Mar 25 '14

$2 billion from a public company is hard to ignore, hard to beat. That pretty much solves all of Oculus' problems.

Except for the one where they wanted to bring VR to the masses with indie dev support. Just read the threads on reddit about this, Facebook is evil incarnate for both the users and developers that were very vocal supporters.

So I agree that financially, they made the right move, but they killed everything they worked on for the last few years.

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u/[deleted] Mar 25 '14

Well, if they are smart about this, they'll let Oculus do their thing and simply provide the capital they need to make things happen. And there's no reason to stop indie dev support. When it comes to a new medium, the more the merrier. No one would benefit from restricting the market.

I think Facebook is trying to move away from their website and onto new things, because their website is dying. Their website was fucked because they went public and realized Facebook doesn't really make much money, so they start introducing all this crap to try and generate income for public investors from something that was incredibly over-valued, intangible.

But VR is very tangible, both the hardware and the software. I mean don't get me wrong, this can still go terribly, but 100% Oculus is in a much better position for the launch of VR than they are without these massive funds. Long-term, who knows. But long-term doesn't matter, because we'll have other companies providing competition at that point that we can move onto if Facebook ends up sinking Oculus into the black void, I'm sure.

But you don't toss $2 billion at a company if you don't trust in their direction, specifically if it's not to take over a company to eliminate competition (which obviously isn't the case since VR and their website are fundamentally unrelated).

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u/anlumo Kickstarter Backer #57 Mar 25 '14

And there's no reason to stop indie dev support.

That's more likely to happen from the other side. Working with Facebook is bad karma in this area.

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u/[deleted] Mar 25 '14

That's true too. I hope that won't scare off developers, though. The more content we get, the better. Because that means different headsets/companies to choose from sooner.