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friendlybus
on Nov 14, 2019
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John Carmack: I’m going to work on artificial gene...
Huh just assumed he got a bigger piece of the oculus sale.
OnlineGladiator
on Nov 14, 2019
[–]
Oculus was acquired for $2.3 billion, so he'd need to have owned nearly 50% of the company to become a billionaire from it's sale.
mkl
on Nov 14, 2019
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parent
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Not exactly. The acquisition was mostly in the form of Facebook shares, which I expect have increased in value since.
OnlineGladiator
on Nov 14, 2019
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root
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It was a mix of cash and shares (not sure on the split), but I checked the stock price for fun - holy shit it has nearly tripled since the acquisition 5 years ago.
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