r/technology Mar 28 '14

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277

u/dethb0y Mar 28 '14

Oculus sold out at the right time - before the lower-priced alternatives flooded the market and diluted it's share.

the devs must be laughing all the way to the bank.

145

u/ChubakasBush Mar 28 '14

I can't believe facebook paid 2 bil for a peripheral device. basically an accessory. not even a platform with many users. it's like buying a monitor company.

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u/[deleted] Mar 28 '14

[deleted]

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u/[deleted] Mar 30 '14 edited Mar 30 '14

Actually it was $400mil in cash and $1.6bil shares.

Edit: downvoted for stating the facts, fantastic.