One of the coolest and most ambitious Kickstarter campaigns of all time, Oculus VR, has been bought by social network giant Facebook for $400 million and 23.1 million shares, a total worth of nearly $2 Billion. The innovative technology focused on the Oculus Rift helmet, a device that fooled the eyes and ears to put the user into a virtual reality environment.
Facebook CEO Mark Zuckerberg said in a statement, "Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate."
The helmet was never really meant to be a consumer product. Can you imagine strapping on that big thing outside of Disney World or the mall? It just is not feasible as it is. And Facebook, no offence, hasn't really innovated anything. They simply streamlined text messaging, photo-sharing, and userboards, if you want to get right down to it. Even their last big purchase, Instagram, has not changed much outside of guaranteeing your grandma will see those photos of you shitfaced on the beach. I just don't see any gain to the technology in Facebook's walled garden.