Oculus

“This is why they cleared out all the team, because they bought a company staffed by people who wanted to make a games, a high-end games console, and they know they don't want that.”

“They didn't buy Oculus to make a games device. And if it's only ever games, it's a failure.”

“So the default for Oculus and for every other VR device, and that's partly because of where they came from and what was possible 10 years ago, the default for them is you put on the headset and you're somewhere else. Whereas the default for this is you put it …”

“The one thing they didn't talk about is fitness, which is interesting because VR fitness is the one thing that's other than games sort of work for Oculus.”

“Meta has spent, I think, at least thirty five billion dollars on this stuff. Because they spent like over thirty billion dollars on operating losses for the Reality Labs group, offset a bit by revenue from selling hardware and games. And they bought Oculus, an…”