I worked for oculus, well reality labs.

Lots of talented people, and decent hardware, once the stupid politics was overcome.

But.

In all the time I worked there, we never managed to get "join my friends" feature get made. Trying to join your friends in a game was so fucking hard. You'd think being a social company, who's whole point is connecting people, this would be the first feature.

But no.

Threads is the only product they have launched in the last 5 years that anything close to successful. Even then it only launched because management ignored it, let them get an MVP out the door before swelling the size of the team from ~8(?) to >>2k The time to fun was also waaay too high. it got better towards the end, but in 2020-2023 it would take ages to log in, update, load, get kicked out, reboot and then join.

Oculus was shipping hardware/software before the Facebook acquisition, and proceeded to slowly bleed out post-acquisition. We shipped a few decent VR headsets in the middle there (Quest 1, 2 and 2s/3), but most of the other initiatives within Meta's reality labs withered on the corporate vine...

That division is losing billions a year. I wouldn’t call it a success

Did they make though or did they buy? What did they actually buy that wasn't already done at Valve?

Acquired