Re:Minecraft creator says he’s canceled talks for Oculus Rif...
by tod222 on Wednesday March 26, 2014 @08:28PM
(#7477723)
Except that Carmack and Oculus won't see a lot of that money. Oculus raised $91 million (2.4 of that from Kickstarter) [1] including a $75 million series B round last December. [2]
It's the investors who will get a lot of Facebook's money. Also, Facebook's stock dropped yesterday in reaction to the move and it's being reported that the deal is worth $200 million less as a result. [3]
The B round investors held it for such a short time it's almost like they flipped it to Facebook.
It's the investors who will get a lot of Facebook's money. Also, Facebook's stock dropped yesterday in reaction to the move and it's being reported that the deal is worth $200 million less as a result. [3]
The B round investors held it for such a short time it's almost like they flipped it to Facebook.
[1] http://en.wikipedia.org/wiki/Oculus_Rift
[2] http://venturebeat.com/2013/12/12/oculus-vr-raises-75m-from-...
[3] http://blogs.marketwatch.com/thetell/2014/03/26/facebook-sha...