In case you missed it, Facebook just announced that it has bought virtual reality company Oculus for $2 billion. These sorts of acquisitions are likely to continue as long as Facebook’s stock remains overvalued. Personally, I think the Oculus team should’ve held out for more, as Zuckerberg would’ve likely paid at least $10 billion.
Now for the best picture I have seen mocking the Facebook deal (h/t @sharkybit for creating this gem).
Because Facebook users felt the experience was just a little too real as it stands.
In Liberty,
Michael Krieger
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zuckerber has become a serial acquisitor of other companies because there’s nothing to reinvest in his own overhyped surveillance piec of crap network