Re:Facebook Ordered to Pay $500M in Oculus Lawsuit
by jMyles on Wednesday February 01, 2017 @05:50PM
(#13546203)
In retrospect, he came out smelling like roses.
Re:Facebook Ordered to Pay $500M in Oculus Lawsuit
by spatulon on Wednesday February 01, 2017 @06:03PM
(#13546307)
He is personally out $150m, according to the article.
Re:Facebook Ordered to Pay $500M in Oculus Lawsuit
by teej on Wednesday February 01, 2017 @06:12PM
(#13546384)
The Variety article says Carmack but the TechCrunch article says Iribe. I'm having trouble finding the actual source.
Re:Facebook Ordered to Pay $500M in Oculus Lawsuit
by k-t on Wednesday February 01, 2017 @09:09PM
(#13547473)
The court documents say Iribe.
Carmack took his emails with him on a USB stick (which Zenimax's lawyer called "10,000 confidential documents") but the jury didn't award any damages for that.
Re:Facebook Ordered to Pay $500M in Oculus Lawsuit
by Idontagree on Wednesday February 01, 2017 @06:10PM
(#13546374)
That seems like a lot, I didn't think he was worth that much, maybe I'm undervaluing his net worth. Is there a value for that anywhere?
Re:Facebook Ordered to Pay $500M in Oculus Lawsuit
by gpderetta on Wednesday February 01, 2017 @07:19PM
(#13546832)
Well, he had to stop playing with rockets as he was running out of FU money...
Re:Facebook Ordered to Pay $500M in Oculus Lawsuit
by stupidcar on Thursday February 02, 2017 @05:49AM
(#13549597)
He presumably got a sizeable chunk of Oculus shares when he joined as CTO, and those would have been converted to a valuable amount of Facebook equity during the $3bn buyout.
Kind of irrelevant though, as the article is wrong, and it's actually Luckey and Iribe who are personally liable, and not Carmack.
And at the end of the day, Carmack isn't the one who is out $500M, is he?