FrankWza
Member
Zuckerburg will make the Rift better than you can imagine or even dream of.
Nice catch.
Zuckerburg will make the Rift better than you can imagine or even dream of.
It's not up to Palmer. He sold the company.
He works there, sure. It's just not his decision to make. If GAF got sold to facebook and Evilore said our user data would remain separate from Facebook's I'd say the same thing. The assurances of the guy who just sold the company aren't worth very much. Zuckerburg can do what he wants, and Palmer can't stop him.
Selling it at cost sounds like a great fit for how Facebook makes money...
"...and we sell it at cost"
"At cost? But Mark, how will we make money?"
"Oh, you'll see, you'll see..."
you make it sound like selling aggregate data and serving ads is akin to child slavery.
i realize that it doesnt make everyone comfortable, but i rather use google search free of charge than at 50 cents a pop.
Oh, you have the details of the contract they signed? Please do share!
And if Luckey gets his way, this would all be removable (installed OS) without voiding any warranty, right? That would be a win win.you make it sound like selling aggregate data and serving ads is akin to child slavery.
i realize that it doesnt make everyone comfortable, but i rather use google search free of charge than at 50 cents a pop.
They are investing in the future, as tech companies tend to do.I honestly don't get the Facebook angle on this.
Social / Innovative AR I get, a Google Glass competitor for them I would understand, but VR?, If there was a real, innovative market for this HMD's would already be doing roaring trade.
$2b out of the goodness of his heart.Kind of sounds too good to be true.
Oh, you have the details of the contract they signed? Please do share!
Is it honestly? It was brought to my attention during this whole thing and I was thinking about checking it out. What don't you like about it? The synopsis sounds interesting.Ready Player One was a terrible book.
Lol, looks like Facebook is trying to contain the backlash in the reddit forums:
We see you Zuckerburg!
Lol, looks like Facebook is trying to contain the backlash in the reddit forums:
We see you Zuckerburg!
Great minds!
Is it honestly? It was brought to my attention during this whole thing and I was thinking about checking it out. What don't you like about it? The synopsis sounds interesting.
All interest completely killed, thank you for saving me the time.Oh, don't let the opinion on one dude stop you from trying new. But IMO, the 80s-90s pop culture "references" was purely namedrops and never used in a clever way, and the main hero is even more Gary Stu than Kirito.
I dare say it's the western equivalent to Sword Art Online, whatever you wish to make of that
I'm struggling to think of non charity products sold at cost which aren't relying on the razorblades model. Niche exceptions like buying PS3 solely as a linux box I guess...
"And all I ask in return... IS YOUR SOUL!"
What kind of contract is there that allows me outright buy a company but not have any power over it?
Zuckerburg: "We made a VR device too. Try it out"
~After Inception~
Oculus Staff: "All hail Facebook..."
All interest completely killed, thank you for saving me the time.
SAO being terrible aside, Gary Stus completely ruin any enjoyment I might get out of story.
Zuckerburg at a meeting afterwards: "And I said they could stay who they are. The dumbfucks trust me".
How does Facebook make money off of this purchase?
That is the real question
Yes, Oculus is going to be wholly owned by Facebook. It's spelled out clearly in the filing:
On March 25, 2014, Facebook, Inc. ("Parent") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Inception Acquisition Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent, Inception Acquisition Sub II, LLC, a Delaware limited liability company, a wholly owned subsidiary of Parent, Oculus VR, Inc., a Delaware corporation ("Oculus"), and a stockholders' agent.
Upon consummation (the "Closing") of the transactions contemplated by the Merger Agreement (the "Merger"), all outstanding shares of Oculus capital stock and options to purchase Oculus capital stock will be cancelled in exchange for an aggregate of 23,071,377 shares of Parent's Class B common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of $69.35 per share) and $400 million in cash. Up to an additional $60 million in cash and 3,460,706 shares of Parent's Class B Common stock would be payable upon the completion of certain milestones.
Zuckerburg at a meeting afterwards: "And I said they could stay who they are. The dumbfucks trust me".
That's a pretty standard merger form, it says nothing about who owns or retains what. The actual contract will say MUCH more.
Ultimately that doesn't matter, Facebook now owns everything Oculus owned, note the past tense.
Just because they are allowing autonomy now, means nothing for the future, they own it all, with a $2B price-tag they sure as hell will be able to do whatever they like with it, regardless of any pre-deal "assurances".
Lol, looks like Facebook is trying to contain the backlash in the reddit forums:
We see you Zuckerburg!
Selling it at cost sounds like a great fit for how Facebook makes money...
That guy is claiming it was all a joke. http://www.reddit.com/r/oculus/comments/21d5zi/roculus_mods_what_can_be_done_to_keep_the/cgc7a6z
Evidently doing this was proof that I'm a...shill? (I'm not sure what that means, but given all the hate mail I gather it's some kind of insult. I'll look it up if I start giving a fuck.)
zpluffy said:Imagine you have 1 million... How many useless shit can you buy with that money. Now imagine you have a lot of these millions, not a hundred or 400, but two THOUSANDS of these millions. Men so many shittttttttt
Ready Player One was a terrible book.
The last 24 hours have been an incredible whirlwind of hyperbole and sensationalism. It reminds me just how immature and blindfolded some gamers can be. That incredible news for Oculus and VR gaming in general was met with the confused jingoism of duders who refuse to understand how the tech industry works is deplorable.
This investment is a good thing for VR gaming. Understand it and accept it.