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Oculus CEO reveals the reason for keeping quiet after Facebook bought his company for $2 billion and fired him – Times of India

Palmer Luckey is the founder of the virtual-reality company Oculus that Facebook bought in 2014 for $ 2 billion. Just two years later, in 2016, Facebook fired Luckey — the man who built the virtual-reality company and sold it to Facebook. In a recent interview to Tablet magazine, Luckey spoke about his firing.
“Right now, I hold all the cards,” he said.”Right now, I gain nothing by correcting the record of things that [Facebook] did wrong eight years ago. If that changes, then I’ve got that in my hopper. If it’s better for me to bury it, I will. I’m maybe not the crusader for truth that people imagine. I am a crusader for vengeance. And if my vengeance can best be served by covering up the crimes of those who have wronged me, then I’ll probably do that.”
As to why he has nothing against Facebook founder Mark Zuckerberg, Luckey said that he had “no reason to throw Mark under the bus these days” because he wanted Meta to keep up its VR investments. “I want him to keep investing billions of dollars into VR,” he said of Meta CEO Mark Zuckerberg. “I don’t want there to be stories about, ‘Founder of Oculus says that Facebook’s VR strategy is a disaster,’ because that’ll lead to them investing less in VR. I want what’s best for VR, and I’m willing to just grit my teeth and let it happen if that’s what it takes.”
Why was Oculus founder fired
Luckey was reportedly sacked from Facebook in 2016 after backlash over his political donations to a pro-Donald Trump group. Later John Carmack, the former Oculus chief technology officer, said that he regretted not coming to Luckey’s defense at the time. He blames politics for Luckey’s firing. Carmack said that he believed “hysterical internal employee pressure” was behind Luckey’s firing, adding that “politics were openly present” at Facebook.

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