News for hackers. Stuff that matters.
Re:Oculus Joins Facebook by audiophilip_ on Tuesday March 25, 2014 @06:23PM (#7469641)
>If you had to pick a tech company to leverage your disruptive new consumer technology, and make sure it kept the 'awesome', and was hacker friendly, who would you go to?

Valve.

Re:Oculus Joins Facebook by aryastark on Tuesday March 25, 2014 @07:05PM (#7469956)
Or Blizzard. They have an actual virtual world already. I can easily see WoW fans who already sit at a PC and buy special hardware for their games to flock to VR tech.
Re:Oculus Joins Facebook by ericd on Tuesday March 25, 2014 @09:20PM (#7470837)
Yeah, there are so many companies that I'd have picked over FB if I were them. Blizzard and Valve would have been excellent choices, though.
Re:Oculus Joins Facebook by anaphor on Wednesday March 26, 2014 @04:45AM (#7472238)
Or even Nintendo, or maybe even Bethesda (assuming they aren't bitter about him leaving Id)
Re:Oculus Joins Facebook by icelancer on Wednesday March 26, 2014 @05:45AM (#7472415)
Bethesda already passed on it.
Re:Oculus Joins Facebook by lotu on Tuesday March 25, 2014 @10:57PM (#7471270)
Does Valve have $2billion dollars lying around to acquire companies with?
Re:Oculus Joins Facebook by fleetfox on Wednesday March 26, 2014 @02:17AM (#7471904)
Yes
Re:Oculus Joins Facebook by masklinn on Wednesday March 26, 2014 @03:41AM (#7472102)
Don't think so. Valve's total equity was estimated at ~$2.5bn in 2012
Re:Oculus Joins Facebook by zerooneinfinity on Wednesday March 26, 2014 @11:28AM (#7474032)
Just curious where you got the source for this -- no pun intended.
Re:Oculus Joins Facebook by masklinn on Wednesday March 26, 2014 @01:59PM (#7475101)
http://www.nytimes.com/2012/09/09/technology/valve-a-video-g...

> Not that Mr. Newell hasn’t had opportunities to sell out. Valve has been pursued over the years by Electronic Arts, which would very likely have valued Valve at well over $1 billion had the talks progressed that far, said two people with knowledge of the discussion who spoke on condition of anonymity because the talks were private.

> Although Valve’s finances are private, Michael Pachter, an analyst at Wedbush Securities, estimates that the company could be worth around $2.5 billion today.

It's guesswork and no method is explained though, so it's not like that's a very reliable estimate or anything.

Re:Oculus Joins Facebook by zerooneinfinity on Wednesday April 02, 2014 @10:18AM (#7515645)
Ah interesting, thanks for following up.