{"id":54286,"date":"2014-03-27T13:06:54","date_gmt":"2014-03-27T05:06:54","guid":{"rendered":"http:\/\/techielobang.com\/blog\/?p=54286"},"modified":"2014-03-27T13:08:35","modified_gmt":"2014-03-27T05:08:35","slug":"oculus-and-how-it-became-a-billion-dollar-company","status":"publish","type":"post","link":"https:\/\/techielobang.com\/blog\/2014\/03\/27\/oculus-and-how-it-became-a-billion-dollar-company\/","title":{"rendered":"Oculus VR and how it became a billion dollar company"},"content":{"rendered":"<p style=\"text-align: left;\">So I assume everyone heard the news of Facebook acquiring Oculus VR, but does everyone know how they got started?<\/p>\n<p style=\"text-align: left;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"54291\" data-permalink=\"https:\/\/techielobang.com\/blog\/2014\/03\/27\/oculus-and-how-it-became-a-billion-dollar-company\/oculus_color_logo\/\" data-orig-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/Oculus_Color_logo.jpg?fit=600%2C337&amp;ssl=1\" data-orig-size=\"600,337\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Oculus_Color_logo\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/Oculus_Color_logo.jpg?fit=600%2C337&amp;ssl=1\" class=\"alignnone size-full wp-image-54291\" alt=\"Oculus_Color_logo\" src=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/Oculus_Color_logo.jpg?resize=600%2C337\" width=\"600\" height=\"337\" srcset=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/Oculus_Color_logo.jpg?w=600&amp;ssl=1 600w, https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/Oculus_Color_logo.jpg?resize=300%2C168&amp;ssl=1 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><!--more--><\/p>\n<p style=\"text-align: left;\">Palmer Luckey, the founder of Oculus VR Inc., started venturing and experimenting with old\u00a0virtual reality (VR)\u00a0goggles and headsets in his teenage years which didn&#8217;t quite meet his mark. He wanted more performance, more portability and of course more affordability.<\/p>\n<p style=\"text-align: left;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"54293\" data-permalink=\"https:\/\/techielobang.com\/blog\/2014\/03\/27\/oculus-and-how-it-became-a-billion-dollar-company\/oculusrift1\/\" data-orig-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/OculusRift1.jpg?fit=600%2C337&amp;ssl=1\" data-orig-size=\"600,337\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"OculusRift1\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/OculusRift1.jpg?fit=600%2C337&amp;ssl=1\" class=\"alignnone size-full wp-image-54293\" alt=\"OculusRift1\" src=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/OculusRift1.jpg?resize=600%2C337\" width=\"600\" height=\"337\" srcset=\"https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/OculusRift1.jpg?w=600&amp;ssl=1 600w, https:\/\/i0.wp.com\/techielobang.com\/blog\/wp-content\/uploads\/2014\/03\/OculusRift1.jpg?resize=300%2C168&amp;ssl=1 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p style=\"text-align: left;\"><a href=\"http:\/\/techcrunch.com\/2014\/03\/26\/a-brief-history-of-oculus\/\" target=\"_blank\">Read more about his journey here<\/a>, to create his own VR headsets, getting $2.5 million on kickstarter, founding of his company, Oculus VR Inc. and then the eventual $2 billion purchase of the company by Facebook.<\/p>\n<p style=\"text-align: left;\">(<a href=\"http:\/\/techcrunch.com\/2014\/03\/26\/a-brief-history-of-oculus\/\" target=\"_blank\">Source<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So I assume everyone heard the news of Facebook acquiring Oculus VR, but does everyone know how they got started?<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[4,3181,14,3],"tags":[276,1633,3873,3857,12590,10691,10518,12589,7889,12591,1138,3295],"class_list":["post-54286","post","type-post","status-publish","format-standard","hentry","category-information","category-social","category-techie","category-technology","tag-facebook","tag-goggles","tag-headset","tag-kickstarter","tag-luckey","tag-oculus","tag-oculus-rift","tag-palmer","tag-reality","tag-rift","tag-virtual","tag-vr"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- 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