Re:Ask HN: Examples of large acquisitions that did not ruin ...
by vosper on Tuesday July 12, 2022 @05:38PM
(#32076008)
Agreed, and I also think Meta/Facebook's acquisition of Oculus was good for Oculus, too. Meta just reversed course on the requirement to have a Facebook account, which was the big thing people complained about. They're pouring enormous resources into VR with a long-term timeline. By some accounts it's less like Facebook took over Oculus, and more like Oculus took over Facebook.
I hope Valve sticks it out with VR, because though I do not like or use Facebook I think Zuckerberg could be right about VR, and someone needs to compete with Meta. I think for Valve it's potentially an existential threat.
I hope Valve sticks it out with VR, because though I do not like or use Facebook I think Zuckerberg could be right about VR, and someone needs to compete with Meta. I think for Valve it's potentially an existential threat.