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cgod · 3903 days ago · link · · parent · post: 'What's Oculus Rift?' And Other Questions About Facebook's New Foray Into Virtual Reality - Megan Garber - The Atlantic
Your analysis in the other post about Oculus is spot on in my opinion. This acquisition is going to be part of a advertisement list post five years from now at the bottom of our screens entitled "Twelve Worst Tech Acquisitions." Oculus is a move away from mobile. I'd be surprised to see Facebook compete in the console space and desktop is on the decline. The only way they are going to be able to monetize this is if they also acquire Fleshlight.