Michael Broukhim

Go west, young man

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It’s a bet on the future of the future.

In Google’s Shadow, Facebook’s Zuckerberg Pursued Oculus Over Several Months, Ending in Weekend Marathon of Dealmaking | Re/code

This deal feels like a reach. While promising, it’s not obvious that VR is going to become a mainstream computing platform anytime soon, and even less clear that Oculus would be the winner if VR were to takeoff. A $2b price tag bakes in a decent probability of both happening.

The questions is whether Oculus is so far out ahead in this game that no amount of funding or developer skepticism / distrust (and there will be plenty of both) could generate a plausible rival. If that’s the case, and everything goes right for VR, than this bet pays off.

More likely, there’s now a ton of motivation — and now, financial validation — to fill the void of an independent, flagship platform championing virtual reality. Will be fun to see this play out.

Filed under oculus oculus vr facebook

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Our modern lifestyle is not a political creation. Before 1700, everybody was poor as hell. Life was short and brutish. It wasn’t because we didn’t have good politicians; we had some really good politicians. But then we started inventing – electricity, steam engines, microprocessors, understanding genetics and medicine and things like that. Yes, stability and education are important – I’m not taking anything away from that – but innovation is the real driver of progress.
Bill Gates: The Rolling Stone Interview | Culture News | Rolling Stone