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Post by TSilver on Mar 25, 2014 21:39:44 GMT -8
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Post by PoorRichard (AKA - The Guido) on Mar 26, 2014 9:47:13 GMT -8
TrackIR5 FTW!!!
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Post by Hans1942 on Mar 26, 2014 10:28:56 GMT -8
Meh I don't think its a big deal. FB has bought many other things and I have yet to see those investments rebranded everywhere with FB. My bet is they want the IP and the patents behind it so that if something comes out of it they can fight with google.
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Post by PoorRichard (AKA - The Guido) on Mar 27, 2014 8:49:41 GMT -8
Meh I don't think its a big deal. FB has bought many other things and I have yet to see those investments rebranded everywhere with FB. My bet is they want the IP and the patents behind it so that if something comes out of it they can fight with google. In all seriousness, it's a great move by FB. As long as the Rift comes out as good as it needs to be, this could and probably will be, very profitable. At the same time, who wants to buy a game controller from FaceFuck? They're social networking and not computer hardware, right? We also don't know the specifics of the financial situation of the Rift's developer. Given Facebook's business model, the Rift will hopefully come out as it should and hopefully won't be pushed and released before it's ready (as is the case with most things these days *cough*X Rebirth*cough cough*). Should we be worried? Maybe.
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Post by dacommando on Mar 28, 2014 18:17:43 GMT -8
Fun fact: The people that donated $300 to Oculus, were they given a pro rata equity share of the Oculus company, would have received a conservative estimate $46,000 from the buyout.
Even better, it would have been treated as a capital gain, which is taxed at preferential tax rates in the US Tax system.
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Post by Hans1942 on Mar 31, 2014 9:05:53 GMT -8
Fun fact: The people that donated $300 to Oculus, were they given a pro rata equity share of the Oculus company, would have received a conservative estimate $46,000 from the buyout. Even better, it would have been treated as a capital gain, which is taxed at preferential tax rates in the US Tax system. Not even close to that amount. Assuming that Palmer would have given perhaps 49% of his company as equity, Each $300 backer would have received $3,285.10 from the buyout. That is still pretty damn good but not at a crazy number of $46,000. You have to take into account that $89M was raised from outside sources. Only 2.5% of their money was raised using kickstarter. Source: I'm a doctor Here is my breakdown. You will probably have to use excel to understand it. Pledged Backers Total ProRata TotalEquityStake PerPerson 10 1009 10090 0.01% 110,488.94 109.50 15 209 3135 0.00% 34,329.32 164.26 25 434 10850 0.01% 118,811.20 273.76 35 179 6265 0.00% 68,603.89 383.26 75 106 7950 0.00% 87,055.21 821.28 275 100 27500 0.02% 301,134.38 3,011.34 300 5642 1692600 0.93% 18,534,547.59 3,285.10
335 859 287765 0.16% 3,151,124.95 3,668.36 500 66 33000 0.02% 361,361.26 5,475.17 575 216 124200 0.07% 1,360,032.38 6,296.45 850 40 34000 0.02% 372,311.60 9,307.79 1400 20 28000 0.02% 306,609.55 15,330.48 3000 7 21000 0.01% 229,957.17 32,851.02 5000 7 35000 0.02% 383,261.94 54,751.71 1 89000000 48.73% 974,580,370.60 974,580,370.60 8895 $91,321,355.00 50.00% 1,000,000,000.00 I think my math checks out.
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Post by TSilver on Mar 31, 2014 18:15:54 GMT -8
I checked out when you started using math
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Post by PoorRichard (AKA - The Guido) on Apr 2, 2014 8:03:21 GMT -8
AAAAHHHHHH!!!! NUMBEEEEEERRRRRRRSSSSS!!!!! RUUUUUUNNNN!!!!!
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deadeyeduck
Junior Member
A duck pitched up by an angry sea, I quacked on land, and I became me.
Posts: 5
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Post by deadeyeduck on Apr 19, 2014 15:53:05 GMT -8
I just posted a rant about this on the other Occulus thread. For 1... I hate zuckerberg. Do you guys see this going the way of youtube after google? I mean.. I've lost all confidence in the product personally. Can't see myself spending money on it now. Maybe because I dont know what all this buyout entails. Do you forsee peripheral advertisements/PIP advertisements or any of that nonsense being incorporated here? I'm sure plenty of you are my age and remember when Google wasn't putting commercials on the internet. The golden age of windows 98.
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Post by Hans1942 on Apr 20, 2014 11:02:56 GMT -8
I just posted a rant about this on the other Occulus thread. For 1... I hate zuckerberg. Do you guys see this going the way of youtube after google? I mean.. I've lost all confidence in the product personally. Can't see myself spending money on it now. Maybe because I dont know what all this buyout entails. Do you forsee peripheral advertisements/PIP advertisements or any of that nonsense being incorporated here? I'm sure plenty of you are my age and remember when Google wasn't putting commercials on the internet. The golden age of windows 98. Then don't. Really just wait for them to develop it and when it comes out look at the reviews. I don't see a reason to hate Zuckerberg. What has he ruined for you?
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Post by PoorRichard (AKA - The Guido) on Apr 20, 2014 18:52:56 GMT -8
I really don't think you're going to see advertisements with something you pay for. Sure, Zuckerberg uses advertising on facebook, but how do you expect him to make money? It's just like radio. Radio stations don't make money from you buying a radio, they make money from people who want to advertise on their station. More popular the radio station, the more they can charge for ad space. It's all a part of the Web 2.0 model. The only other way for Zuckerberg to make money off of FaceFuck is to charge a membership fee. Oculus Rift won't have ad software built into it so that when you're playing SC you'll see an add in the corner. That would kill the product and nobody would buy it. They make money from Rift by people buying the Rift. I don't get pop ups or ads with my X-55 Rhino or my TrackIR 5 in the setup applications or otherwise.
I don't like facebook because I don't like social media and what it has done to this generation and generations to come. If anything, Zuckerberg is an innovator of social media and should be given credit where it's due. How about the golden age of Windows 3.1x? Been there. I remember when it was a big deal when we upgraded from a 28.8k modem to 56k. Technology and society has changed since the mid 90's. As for advertising? We see it on free sites and free applications. Pay services don't include advertising. I don't think you have anything to worry about with ad popups in your Rift, unless your surfing the net. In which case, you'll be seeing the ads on the website and not ads directly from your Rift.
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Post by Hans1942 on Apr 21, 2014 5:27:54 GMT -8
I really don't think you're going to see advertisements with something you pay for. Sure, Zuckerberg uses advertising on facebook, but how do you expect him to make money? It's just like radio. Radio stations don't make money from you buying a radio, they make money from people who want to advertise on their station. More popular the radio station, the more they can charge for ad space. It's all a part of the Web 2.0 model. The only other way for Zuckerberg to make money off of FaceFuck is to charge a membership fee. Oculus Rift won't have ad software built into it so that when you're playing SC you'll see an add in the corner. That would kill the product and nobody would buy it. They make money from Rift by people buying the Rift. I don't get pop ups or ads with my X-55 Rhino or my TrackIR 5 in the setup applications or otherwise. I don't like facebook because I don't like social media and what it has done to this generation and generations to come. If anything, Zuckerberg is an innovator of social media and should be given credit where it's due. How about the golden age of Windows 3.1x? Been there. I remember when it was a big deal when we upgraded from a 28.8k modem to 56k. Technology and society has changed since the mid 90's. As for advertising? We see it on free sites and free applications. Pay services don't include advertising. I don't think you have anything to worry about with ad popups in your Rift, unless your surfing the net. In which case, you'll be seeing the ads on the website and not ads directly from your Rift. Ya this is exactly what I think as well. Oculus Rift stated that there will be a second big announcement later this year that will better explain why they had Facebook purchase them beyond the fact they absolutely needed funding from a large company.
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