Read it, i think it may shed some light on the background of this deal.
Some quotes:
"The only thing you need to do is to make me CEO of Oculus." - Iribe said. Maybe back then Luckey thought it was good deal.WSJ: How did all this happen?
Brendan Irebe: If you know the history, I got introduced to (founder) Palmer Luckey. And we got together, and Palmer had plans to launch a Kickstarter all by himself. He had made a little video of himself talking about it.
When we saw that, and we said “Hey, Palmer, if you work with us, and we got in there, we could actually help you launch this faster, bigger and better. And we could make it more accessible to people by making it a real developer kit and not a do-it-yourself kit and there were all these things we brought to the table.”
WSJ: How did the deal come together?
Irebe: About a week and a half ago, Mark and I were talking and Mark said, “I think we can get behind this and help you guys, and at the same time completely leave you independent and doing it your own way.” That resonated with us and we talked down to discuss it some more. And he said if we’re going to do this, we’d like to just do this really quickly.
They wanted to ram through a deal without giving Palmer time to think and talk it over.we’d like to just do this really quickly.
Let's look closer at Brendan Iribe workplaces. Most noteworthy is Scaleform (sold to Autodesk in 2011), Gaikai (sold to Sony in 2012), and now Oculus (sold to Facebook in 2014).
Strange coincidence, don't you think?
I think it was Iribe plan all along. He was planning to sell Oculus from the beginning.
So don't hate Palmer, he is victim here too.