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Oculus VR: Crowdsourcing Or Mass Exploitation?
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Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
4/24/2014 | 9:56:32 AM
Re: The benefits of late adoption
Indeed, Kristin... Reminds me of this episode of South Park.  Maybe this is exactly what Facebook has in mind!
Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
4/24/2014 | 9:55:11 AM
Re: The benefits of late adoption
Maybe, but then Google Glass doesn't seem to have the capability to offer VR at this point -- and VR is intended to be a fully immersive experience.

Of course, VR was big in the 1990s... and nobody really succeeded in any meaningful way with that back then.  I wonder how things will shape up w/ Oculus/FB.
jgherbert
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jgherbert,
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3/31/2014 | 7:23:48 PM
Silly people
As has been stated by a few here already, this is just silly. If you fund one of these projects, you are simply a beloved donor, and that's as far as your relationship goes. You get rewarded with token gestures like T-shirts, or having your name up in lights somewhere, but that's it. It might be nice if there were a way to invest in these companies, but I suspect that would be legally and financially complex to say the least, even if it were made legal.

 

I wonder if people who donate money towards towards making a movie expect to get a cut of any backend royalties? 
Kristin Burnham
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Kristin Burnham,
User Rank: Author
3/28/2014 | 9:12:11 PM
Re: Wefunder estimates that had backers bought equity, they'd get a 145x return
I'd probably harbor many of the same feelings if I contributed to the crowdfunding campaign, especially with that sort of potential return. But like many mentioned, there's really no obligation on Oculus'side to do so.
Kristin Burnham
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Kristin Burnham,
User Rank: Author
3/28/2014 | 9:09:14 PM
Re: The benefits of late adoption
I wouldn't wear either, but I am interested in what Facebook will do with it. I saw a few comments on Facebook posts from Facebook employees who indicated that the company is more interested in the technology behind Oculus rather than the actual headsets.
Juan MarioI563
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Juan MarioI563,
User Rank: Apprentice
3/27/2014 | 9:06:32 PM
Re: Wefunder estimates that had backers bought equity, they'd get a 145x return
Really interesting Thomas, thanks!

 I think that you would be really interested in some of the most cutting-edge research that I have come across explaining crowds, open innovation, and citizen science. 

 http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=1919614

  And you may also enjoy this blog about the same too: 

https://thecrowdsociety.jux.com/


 Powerful stuff, no?
Ariella
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Ariella,
User Rank: Ninja
3/27/2014 | 9:47:09 AM
Re: Wefunder estimates that had backers bought equity, they'd get a 145x return
@applesauce87 a 145x return is quite something. But I got the impression from the Guardian's article about it that people who put money into Kickstarter projects do it more as a way of funding people whose ideas they like than as way to make money. 
Ariella
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Ariella,
User Rank: Ninja
3/27/2014 | 9:43:08 AM
Re: The benefits of late adoption
@Joe that's a possibility, though I'd mind wearing Google glasses a lot less than wearing those huge boxes I see for Oculus.
Madhava verma dantuluri
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Madhava verma dantuluri,
User Rank: Apprentice
3/27/2014 | 8:51:42 AM
Yes
FB is on verge of massive expanding and taking the right steps towards growth. This would help expand the broader genere because of FB data.
Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
3/26/2014 | 9:32:02 PM
Re: The benefits of late adoption
I think it will go further and be more ambitious than that.  Could lead to Facebook's answer to Google Glass.
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