The inevitable Oculus/Facebook post

First up, I’m not down on the deal. Yes, the fact that it’s Facebook is weird, but Oculus’ explaination as to why being acquired will help them makes sense. Let’s give this one time before we judge it.

What has really stuck in my craw is the reaction to this deal. With specific attention being paid to this article on The Verge, as it highlights both the scale of the ridiculousness of reactions to this deal, as well as the severe tumbling jouranlistic standards of the site in question.

For an example of these standards, notice the difference between the URL, the headline, and the sub-headline. Why was this article published? What was the point of it, other than to garner attention and clicks? My suggested sub-headline: "Here’s why this article is pointless"

"Facebook bought Oculus a year and a half later"

A year and a half later. Keep this in mind as you read what these entitled ‘backers’ are saying in reaction to the deal.

""I would have rather bought a few shares of Oculus rather than my now-worthless $300 obsolete VR headset," backer Carlos Schulte wrote."

Worthless. Let that word sink in. Just as well Mr Schulte isn’t partial to hyperbole.

You would rather have shares? Really? Now that the company has been bought for $2 billion? You don’t say. Were you saying that before the deal occured, Carlos? I suspect that if you had been offered shares instead of a headset at the time of your donation, you would have taken the headset. I’m really not sure what his expectations were. Did he presume Oculus would continue to ship him the most up to date version of their hardware, so that his was never "obsolete"?

More from the article:

"Belote says. "If there’s this track record of companies doing really cool things getting acquired early on, it’s sort of like a failure." Kickstarter declined to comment on the Oculus acquisition"

How is it a failure? Is the point not that Oculus wouldn’t have existed without Kickstarter, hence, there would not have been anything for Facebook to buy. Whether they get bought or not in the future is irrelevant. The Kickstarter is to get the company off the ground, and for doing so, you get a reward based on your level of commitment. Not to mention the round of VC funding that Oculus went through after the Kickstarter had finished.

I get that people may feel more invested in a company as they feel like they are part of it, they ‘invested’, so to speak. But, here’s the kicker, they aren’t. They aren’t on the board, they aren’t shareholders. They have donated to an idea they wanted to exist. That idea now exists in a real sense.

Mission accomplished; status: Success.

The discussion on whether the sale to Facebook is good for the Rift is interesting, but is a completely different discussion. The future of the Rift is just that, the future. The Kickstarter is the past.