You thought I had an answer to that question? Ha, ha, I don’t!
Seriously though, I find myself reading all the news around the acquisition and most people can’t figure it out. Why does Facebook need a virtual reality company? Fred Wilson seems to think that the main reason is that Facebook is trying to find the next platform given that they were somewhat late to the mobile game. He points to this quote from Mark Zuckerberg:
We have a lot more to do on mobile, but at this point we feel we’re in a position where we can start focusing on what platforms will come next to enable even more useful, entertaining and personal experiences.
Fair enough. However are we really that late in the game of mobile? I’m not convinced that mobile has reached it’s peak and it probably won’t for years to come. The commercial internet is less than 3 decades old. The first iPhone launched less than 7 years ago! Personally, I think there’s a lot more to be done in mobile over the coming years.
Then again, if you happen to have a spare $2 billion sitting around though, why not buy a virtual reality headset, right?