First an epically overvalued acquisition of WhatsApp...now this?
- Facebook Acquires Oculus VR for $2 Billion (via Mashable)
- Mark Zuckerberg: Here's Why I Just Spent $2 Billion On A Virtual-Reality Company (via Business Insider)
Someone needs to tell Zucks just to buy a Porsche and call it a day. How many more multi-billion dollar acquisitions are we gonna see from Facebook via this midlife-/midplatform- crisis? Pivot better or accept Fb's eventual irrelevance.