Izuno Posted March 25, 2014 Report Posted March 25, 2014 Er....i'm seeing this all over. http://kotaku.com/facebook-buys-oculus-rift-for-2-billion-1551487939 http://www.businessinsider.com/facebook-to-buy-oculus-rift-for-2-billion-2014-3 http://www.theverge.com/2014/3/25/5547456/facebook-buying-oculus-for-2-billion etc. Uh...it's worth $2 billion? Guess it is to FB... Quote
FMPONE Posted March 25, 2014 Report Posted March 25, 2014 It's not what I would want personally, but this is business after all blackdog 1 Quote
-HP- Posted March 25, 2014 Report Posted March 25, 2014 How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars? knj 1 Quote
Czoolz Posted March 25, 2014 Report Posted March 25, 2014 I wonder what impact the Sony headset had with this. Quote
Sentura Posted March 25, 2014 Report Posted March 25, 2014 RIP John Carmack Jord, blackdog, Sjonsson and 1 other 4 Quote
AlexM Posted March 25, 2014 Report Posted March 25, 2014 How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars? It's actually 400 million in cash. Rest is stock. FMPONE 1 Quote
tomm Posted March 25, 2014 Report Posted March 25, 2014 well, that was unexpected. blackdog and Jord 2 Quote
Izuno Posted March 25, 2014 Author Report Posted March 25, 2014 How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars? It's actually 400 million in cash. Rest is stock. True. And that stock isn't exactly worthless. Quote
Vilham Posted March 25, 2014 Report Posted March 25, 2014 How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars? Fake money, aka facebook shares. Don't think the company has actually turned a profit yet. Quote
PogoP Posted March 25, 2014 Report Posted March 25, 2014 I wonder what FB want to do with this exactly? Can I view my FB wall in full 3D? Fuck it really is taking over now. Quote
Izuno Posted March 25, 2014 Author Report Posted March 25, 2014 I wonder what FB want to do with this exactly? Can I view my FB wall in full 3D? Fuck it really is taking over now. The intention is way beyond gaming. In fact, the gaming aspect of it was probably a rounding error in the analysis inside FB that resulted in the buy decision. FMPONE 1 Quote
cincinnati Posted March 25, 2014 Report Posted March 25, 2014 How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars? Fake money, aka facebook shares. Don't think the company has actually turned a profit yet facebook makes a profit. Thurnip 1 Quote
Izuno Posted March 25, 2014 Author Report Posted March 25, 2014 How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars? Fake money, aka facebook shares. Don't think the company has actually turned a profit yet facebook makes a profit. https://www.google.com/finance?q=NASDAQ:FB&fstype=ii Facebook has been getting more profitable each quarter. Diluted EPS has gone from $.03/share to $.20/share in a year. Quote
AlexM Posted March 25, 2014 Report Posted March 25, 2014 (edited) How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars? It's actually 400 million in cash. Rest is stock. True. And that stock isn't exactly worthless. yeah not saying it's worthless but it's definitely worth less than pure cash. (edit) There's most likely some period of time they won't be able to sell the stock. Edited March 25, 2014 by AlexM Quote
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