Re:John Carmack: I’m going to work on artificial general int...
by OnlineGladiator on Wednesday November 13, 2019 @10:42PM
(#21532568)
Oculus was acquired for $2.3 billion, so he'd need to have owned nearly 50% of the company to become a billionaire from it's sale.
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Re:John Carmack: I’m going to work on artificial general int...
by mkl on Wednesday November 13, 2019 @11:00PM
(#21532661)
Not exactly. The acquisition was mostly in the form of Facebook shares, which I expect have increased in value since.
Re:John Carmack: I’m going to work on artificial general int...
by OnlineGladiator on Wednesday November 13, 2019 @11:11PM
(#21532711)
It was a mix of cash and shares (not sure on the split), but I checked the stock price for fun - holy shit it has nearly tripled since the acquisition 5 years ago.