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.
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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.