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[WSJ] Facebook to Acquire Oculus - Page 21

post #201 of 383
Quote:
Originally Posted by bajer29 View Post

I can only hope what you're saying can be seen as fact some day. People are now talking about FB being able to track meta data as well as your retinal "finger print". This may be over the top, but I'm not looking past it. At this point it's becoming more of threat to my personal information than anything else. Again, I want to believe, but I can't say until we see the outcome in a few years. I can be a supporter, but I need to see some proof of progress on the ideas Palmer originally based Oculus Rift on.

Your latching onto anything scary that's released right now. If I told you your car tracked your butt imprint, weight, and such would you believe me? That's the same thing happening here. Wild speculations and rumors without any solid basis to support them on. Everyone just needs to relax. If your that concerned take a "wait and see" approach instead of spreading absurd rumors that are not even logical.
post #202 of 383
Quote:
Originally Posted by Maxxa View Post

"... and that is the day that cowed funding died..."
The end of the story I'll be telling my kid in a couple years.

No kidding, people are completely forgetting the concept of crowd funding. Crowd funding was created to get the Venture Capitalists and Corpuocracies out of the way so the consumer could get exactly what they want and have a voice in it. Palmer and the whole OR crew, including Carmack are now officially scum.
Quote:
Originally Posted by chrisnyc75 View Post

This can only be good for us. Look how far Oculus came with just crowdsourcing and industry buzz. Imagine what they will do with Facebook money, publicity, and r&d behind them. Say what you will about Zuckerberg, but he's a force to be reckoned with. The brain that defined social networking is about to revolutionize gaming. Just yesterday, basically nobody outside the tech/gaming world knew what Oculus was, now this morning I get to work and it's being talked about on MSNBC and the Analysts in my office (I work at an Investment Bank) are all talking about it.

Moreover, he's right -- Facebook has an established history of buying companies based on the acquired company's vision and then not interfering in development. Facebook's interest is in keeping their reach deep into the population, not in hindering gaming technology development. Why would they spend $2B on a company only to get in the way of that investment? Oculus isn't a competitor FB needed to squash, it's just something they see becoming a big success in the future, and they want a piece of that action.

More money and more press only puts Oculus front & center now -- all the better for those of us who have been following its development anxiously for years.
I don't want to live on this planet anymore. Investment banks are supposed to be stocked with the best and the brightest....Instead it sounds like a bunch of mindless bleeting cows digesting spoonfed advertisements....lmao @ MSNBC "news," you guys should step it up a notch and start tuning into the Home Shopping Network for your "Street data."
Edited by l88bastar - 3/26/14 at 7:37am
post #203 of 383
Quote:
Originally Posted by l88bastar View Post

Good points from an RSI poster
https://forums.robertsspaceindustries.com/discussion/comment/2180481/#Comment_2180481



1) This isn't a partnership in any shape or form, this is a full acquisition. This means Facebook now owns the Rift. It's not the Oculus Rift, it's going to be whatever Facebook rebrands it as. And yes, they will rebrand it. This means that control of development is in the hands of Facebook, and not Palmer.

2) The focus of the device is now based on what Facebook and its shareholders will bring about the best return. This means if their market studies find people are "ok" with 720p, they will do it. If they want this to be a "VR skype" type device, they will focus more on connectivity and design over things such as universal compatibility or low latency. High-end gamers are not Facebook's core demographic, nor are they the audience they want to market the Rift to. As stated in the press release and investor call-in, they want this to be available to the masses. As such, the device will not be geared to gaming performance. Simple things like chaning the FOV is not necessary anymore.

3) People who pledged on the kickstarter feel shafted, that it goes against what kickstarter stands for. Example being Star Citizen, which has shown that if a product is desired it does not need to have corporate conglomorate support. That the PEOPLE, the consumers, can be the voice and support the company. It would be as if CIG was sold to EA right after the DFM. It's the SAME PRINCIPLE. Palmer said not a few weeks ago they would not sell out, they would not fold under the intrests of companies who had approached them. He essentially lied to all the backers.

4) This hurts kickstarter as a whole, as people will be hesitant to spend money and fund something that might get sold. Many of the backers feel that their money was just to value the company enough to cash out. Their voices mean absolutely nothing. The only voices that matter to the Oculus team now are the ones from Facebook shareholders. The backers who got the thing off the ground have been cast aside.

There's so much more to this, and the effects on how it'll change people's perceptions towards kickstarter and crowd funded development is still yet to be seen but I assure you this has done a lot more damage than you seem to think.

class action law suit? Is there potential here for not only Kick starter policy change to keep Kick starter alive but a genuine case for taking RSI to court and if so, what percentage would the backers get of the 2 billion and how much money would this net for the lawyers wink.gif
post #204 of 383
Quote:
Originally Posted by Kazumi View Post

Your latching onto anything scary that's released right now. If I told you your car tracked your butt imprint, weight, and such would you believe me? That's the same thing happening here. Wild speculations and rumors without any solid basis to support them on. Everyone just needs to relax. If your that concerned take a "wait and see" approach instead of spreading absurd rumors that are not even logical.

I know that my car doesn't track my butt imprint because I can prove it. I have included in both my comments the "wait and see" aspect you're referring to as well as "let me see proof". Can a man not post his opinions in a thread that currently based on the speculation of a million different outcomes?

Yes, I'm "latching onto anything scary". It's a scary time for a company and technology I put a lot of faith into the past couple years. I had/ have high hopes. So let's wait and see, right?

Nothing is out of the question with FB.
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post #205 of 383
Quote:
Originally Posted by l88bastar View Post

I don't want to live on this planet anymore. Investment banks are supposed to be stocked with the best and the brightest....Instead it sounds like a bunch of mindless bleeting cows digesting spoonfed advertisements....lmao @ MSNBC "news," you guys should step it up a notch and start tuning into the Home Shopping Network for your "Street data."

Well, I can't argue with anonymous internet forum logic like that. I'll let the Analysts know you disapprove, I'm sure they'll be very very butthurt.

Feel free to exit this ride to your left any time you like.
post #206 of 383
Quote:
Originally Posted by bajer29 View Post

It's a scary time for a company and technology I put a lot of faith into the past couple years. .

that’s because most have been found out recently to be abusing your data and smashing your rights like a cheap date.
post #207 of 383
Quote:
Originally Posted by Kazumi View Post

Your latching onto anything scary that's released right now. If I told you your car tracked your butt imprint, weight, and such would you believe me? That's the same thing happening here. Wild speculations and rumors without any solid basis to support them on. Everyone just needs to relax. If your that concerned take a "wait and see" approach instead of spreading absurd rumors that are not even logical.

Assuming Facebook has intentions of data mining the living hell out of OR is completely logical.

FB rivals the NSA in the amount of data they collect on a daily basis.
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post #208 of 383
Quote:
Originally Posted by phill1978 View Post

that’s because most have been found out recently to be abusing your data and smashing your rights like a cheap date.

Another reason to validate my fear of the Oculus takeover. redface.gif

I'm not going around wearing aluminum foil hats. Just won't be putting any money towards the Oculus project until I see some strides towards the hardware functioning as a gaming peripheral and not a data mining project for FB.
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post #209 of 383
Quote:
Originally Posted by chrisnyc75 View Post

This can only be good for us. Look how far Oculus came with just crowdsourcing and industry buzz. Imagine what they will do with Facebook money, publicity, and r&d behind them. Say what you will about Zuckerberg, but he's a force to be reckoned with. The brain that defined social networking is about to revolutionize gaming. Just yesterday, basically nobody outside the tech/gaming world knew what Oculus was, now this morning I get to work and it's being talked about on MSNBC and the Analysts in my office (I work at an Investment Bank) are all talking about it.

Moreover, he's right -- Facebook has an established history of buying companies based on the acquired company's vision and then not interfering in development. Facebook's interest is in keeping their reach deep into the population, not in hindering gaming technology development. Why would they spend $2B on a company only to get in the way of that investment? Oculus isn't a competitor FB needed to squash, it's just something they see becoming a big success in the future, and they want a piece of that action.

More money and more press only puts Oculus front & center now -- all the better for those of us who have been following its development anxiously for years.
Quote:
Originally Posted by chrisnyc75 View Post

Well, I can't argue with anonymous internet forum logic like that. I'll let the Analysts know you disapprove, I'm sure they'll be very very butthurt.

Feel free to exit this ride to your left any time you like.

No....Noooooooo! Please do not mention this to the Analysts! For the sake of Pete not one word to them! I beg of you good sir, lets just forget this little incident ever happened rolleyes.gif
post #210 of 383
Hmm...the only thing bad about this is all the kickstarter funds that have been given to it. I am not such an individual, but those who are should put on the kickstarter wall that part of the deal should be that Facebook pays back all the kickstarter funds. In a way you are all investors...though instead of stock you only get hope for advancements in a technology you care about. I still think it would be the right thing to do.

However, now Oculus is going to be getting a large R&D budget and a great platform to advertise on at likely no cost. Though I am hoping FB is just an investor...a silent partner. Though I think they'd have to be. Even though Facebook has accumulated a lot of highly skilled IT professionals I doubt they have any one who knows enough about the VR field to actually step in and tell Oculus what to do.
Edited by Vagrant Storm - 3/26/14 at 7:52am
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