Oculus CEO Brendan Iribe: Facebook's Been Great for Us

The transcript discusses Oculus's integration with Facebook, highlighting the benefits of leveraging Facebook's tech stack and resources. The acquisition by Facebook significantly impacted Oculus, accelerating its growth and enhancing its platform quality. The discussion also covers the increased competition in the VR industry following Facebook's declaration of VR as the next computing platform. The transcript reflects on the decision to join Facebook, noting the advantages of support and resources, and how it influenced the broader VR market.

What advantage did Oculus gain by integrating with Facebook's tech stack?

• Improved food options at the campus

• Access to a larger user base

• Increased marketing budget

• Faster development with a better platform

How did Facebook's acquisition affect the VR industry according to the transcript?

• It caused Oculus to lose its competitive edge

• It led to a decrease in VR content

• It increased the attention and investment in VR

• It slowed down the development of VR technology

What role does Mark Zuckerberg play in Oculus's development?

• He only focuses on Facebook's social media platforms

• He is quite involved and frequently engages with the team

• He occasionally checks in on progress

• He is not involved at all

What was a significant benefit of Oculus partnering with Facebook?

• A smaller team size

• A reduction in development costs

• A higher quality product release

• A decrease in competition

How did the acquisition by Facebook influence other companies in the VR space?

• It caused them to slow down their efforts

• It had no impact on them

• It motivated them to speed up their VR development

• It led them to exit the VR market