Linked by Thom Holwerda on Wed 26th Mar 2014 14:58 UTC
Games

Notch was working with the Oculus team to bring Minecraft to the Rift - and then the Facebook news hit. He immediately cancelled the project.

I definitely want to be a part of VR, but I will not work with Facebook. Their motives are too unclear and shifting, and they haven’t historically been a stable platform. There’s nothing about their history that makes me trust them, and that makes them seem creepy to me.

And I did not chip in ten grand to seed a first investment round to build value for a Facebook acquisition.

It seems like Notch sums up the general response to Facebook acquiring Oculus pretty well.

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jgagnon
Member since:
2008-06-24

Would you say no to 2 billion dollars?

Reply Parent Score: 5

moondevil Member since:
2005-07-08

It depends if the goal was just to get rich at any cost, or try to make a product I would be proud of.

The way it looks currently, Facebook can kill the project any time they feel like it, while keeping all the relevant IP.

Reply Parent Score: 5

jgagnon Member since:
2008-06-24

Agreed. But killing the project would be a pretty poor investment for the money spent. I suspect their investment arm is thinking long term, though it seems at great odds for the technical arm to live up to the promise. More than likely Facebook with turn the Oculus into something specialized for their tech. In any event it will no longer serve as a beacon for VR fans.

Edited 2014-03-26 18:21 UTC

Reply Parent Score: 2

jockm Member since:
2012-12-22

Oculus took on venture capital, once you do that, once you engage in an undertaking larger than you can bootstrap or pay for out of pocket; you have to act in your investor's interest.

I am not saying it is impossible to build something like their product without outside investment, but it would be very very hard.

Reply Parent Score: 2

Soulbender Member since:
2005-08-18

People with ethics who care about their product and remember where they came from?

Reply Parent Score: 2

jgagnon Member since:
2008-06-24

Gaining money doesn't have to have a negative impact on ethics. We'll know what the Oculus people are made of after Facebook asserts their control.

Reply Parent Score: 2

TechGeek Member since:
2006-01-14

Would you say no to 2 billion dollars?


Its not really $2 Billion. Its $400 Million in cash and $1.6 Billion in stock. Problem is that by the time they are allowed to cash in that stock, it may only be worth half as much.

Reply Parent Score: 2