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Facebook CEO Asks for Investor Patience on VR, ‘it’s not going to be really profitable for us for quite a while’

Road to VR

FEBRUARY 8, 2017

Ever since Facebook’s acquisition of Oculus in 2014, CEO Mark Zuckerberg has poised the move as a strategic bet on a technology that would eventually change the way we communicate. The analogy I always use, the first Smartphones came out in 2013—sorry, 2003—the Blackberry and Palm Treo. Photo courtesy Mark Zuckerberg.

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Oculus Virtual Reality Strategy Samsung 100
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A brief history of VR and AR

TechCrunch VR

MAY 31, 2023

In the 00s, however, that future seemed to simply dissipate with a few notable exceptions, including the 2003 launch of early metaverse, Second Life, which remains in operation nearly 20 years later. Palmer Luckey, co-founder of Oculus VR Inc., Palmer Luckey, co-founder of Oculus VR Inc.,

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AR Magic Leap Virtual Reality Los Angeles 102
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