From $2M to $2B in 18 Months: What Entrepreneurs Can Learn From Oculus VR

VR-Masters Blog, Updates

Peter Diamandis says in his post on linked-in:

“As I’m sure you’ve already read, Facebook recently acquired Oculus Virtual Reality for $2 billion.

This is a huge deal… and here’s why:

Brief Company Timeline:
August 2012 – Oculus Rift raises $2.5M on Kickstarter
June 2013 – Oculus Rift raises $16M in venture capital
December 2013 – Oculus Rift raises another $75M, led by Marc Andreessen
March 2014 – Facebook buys Oculus VR for $2B.

The CEO of Oculus went from:

*”I’ve got an idea” — to —
“I run a $2 Billion company”
…in under 18 months. Ouch!*”

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